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Streamlining Product Development
Client: A large financial services company

Business Area: Life insurance product development

Opportunity: Improve idea generation and selection and reduce the cycle
   time of new product development

Approach: Redesigned the end-to-end process of idea generation through
   selection, scoping, planning, coding, testing, and deployment using a
   holistic Six Sigma Design Workout approach

Results:
   - New design allowed concurrent development, leading to quarterly new
     product starts and 9 month delivery times
   - Increased new product deliveries from 4/year to 6/year without
     additional resources
Product Development Summit
Client: A manufacturer of medical devices

Opportunity: Conduct a 2-day Action Strategy Workout for the CEO and
   company leadership to identify and prioritize future product development
   and acquisitions strategies

Approach: Identify and agree upon company’s core competencies, financial
   drivers, and passion; map existing products and future product ideas
   compared to the core strategy, and decide upon actions and priorities

Results:
   - Multiple product extensions and new product development efforts were
     re-oriented as a result of the meeting
   - Client acquired two other companies in the next 18 months to obtain
     technologies identified in the session
   - Client was acquired 3 years later at 3x stock price

Click here for the Project Summary.Click here for a Project Summary relating to Product Development Summit.
IT Systems Design & Deployment
Client: A manufacturer of medical devices

Opportunity: Identify, map, challenge, and finalize core supply chain
   processes in order to effectively deploy an Oracle Enterprise Resource
   Planning (ERP) system across US and global (Europe and Asia) operations

Approach: An existing client began an ERP system design project and then
   identified a need in mid-project to improve process mapping and
   streamlining support

Results:
   - Produced 57 process maps in engineering, supply chain, manufacturing,
     quality, and finished goods delivery processes; created compliance
     documents for validation
   - Identified and mitigated various process, quality, and project timing risks
     that might have delayed the overall project
   - Project deliverables completed on-time and on-budget; process mapping
     stayed off the critical path of the overall project
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