SlideShare a Scribd company logo
1 of 16
Download to read offline
From Innovation to Invoice
               Turning Ideas into Money
                       Norm Nopper, MA, BBA

                 Co – Chair, SME Toronto Chapter 26
                   STG: Innovation and Creativity

                    Director, Varanor International


7 - Oct - 10                                          1
The State of the Canadian
Economy
• Manufacturing is under stress.
• In Canada, more than one in seven manufacturing jobs
  disappeared between 2004 and 2008. This was nearly
  322,000 jobs.
• In the automotive sector, the job picture looks like this:
     1991     146,948
     2001     199,218
      2010    123,829



7 - Oct - 10                                                   2
Solutions Being Advocated

• Improve Productivity by becoming Lean
        – Lean is not the Finish Line, IT’S THE STARTING
          LINE!
        – Lean and productive factories are being closed.
        – Lean is now a commodity. Don’t expect to be
          rewarded for being a Lean Manufacturer.
        – Like your ISO designation, if you are not Lean, you’re
          not even in consideration for the job.



7 - Oct - 10                                                       3
Solutions Being Advocated
               • Innovate!
               • Support Organizations
                  –   MaRS
                  –   ISCM (Markham)
                  –   RIC (Mississauga)
                  –   Boards of Trade
                  –   Martin Prosperity Centre
                  –   Office of Small and Medium
                      Enterprises (OSME)
               • Reports
                  – Ontario in the Creative Age

7 - Oct - 10                                       4
The Problem


  Innovation and Creativity and $4.50 will get
           you a Latte at Starbucks.

               We need pragmatic solutions at the
                       “company level”.


7 - Oct - 10                                        5
The Importance of Start ups



    To Create Jobs, Nurture Start-Ups
                       New York Times
                       September 11, 2010




7 - Oct - 10                                6
My Inspiration


                 If this tiny nation can
                  do it, why can’t we?

                  Canada needs to
                      become
                   Entrepreneurial

7 - Oct - 10                               7
Our Objectives
• To generate lessons learned from entrepreneurs who
  are at various stages in the journey from innovation to
  invoice.
• To identify a possible business model based on the
  lessons learned.
        – Designers, Innovators, Inventors, Entrepreneurs
        – Small to Medium Manufacturers
• To answer the question: Could I make this approach
  work for my company?
• If not, what can I do instead?

7 - Oct - 10                                                8
Design
     The New Competitive Advantage?


7 - Oct - 10                          9
Three Activities of the
Manufacturer
• Design the Product
• Make the Product.
• Sell the Product.


               Masaaki Imai
               Gemba Kaizen



7 - Oct - 10                  10
New Production Cycle

• Design the Product
• Market and (Pre)Sell the Product
        – Perhaps even get the cash up front?
• Make the Product (to Order)
• Deliver the Product



7 - Oct - 10                                    11
In Other Words . . . .

• Retailers and distributors are marketing
  and selling products that do not exist,
  using Design to attract customers, building
  only to existing orders, and eliminating
  inventory entirely.




7 - Oct - 10                                12
Beyond Lean:
Nimble Manufacturing
• Design is the new competitive advantage.
        – Small to midsized manufacturers must either
          establish internal design capability, or partner with
          designers, inventors, innovators and other creative
          individuals and organizations to drive new product
          through their factories and remain in business.
• Manufacturers must become “nimble”.
        – Learn to move quickly to build low volumes of
          bespoke products and deliver to customers on time,
          while doing so profitably.

7 - Oct - 10                                                      13
A Critical Partnership


Designers
Entrepreneurs
                                              Manufacturers
Innovators
Inventors



      Manufacturers need to develop a “Design Capability”,
         either by establishing a Design Engineering
       department, or by partnering with Design experts.
7 - Oct - 10                                                  14
Our Speakers
(My Inspiring People)
• Corbee Dutchburn, Develpro & Decorpro
• Peter Uhl, Greg Silas, Ultimate Building Blocks
• Maureen McCabe, McCabe Marketing
• Norm Nopper, Roland Nopper, Lakeport
  Metalcraft and Welding
• Panel Discussion
        – Co – facilitators: Marie Laird, Norm Nopper



7 - Oct - 10                                            15
Norm Nopper, MA, BBA
               Director, Varanor International

                  nsnopper@varanor.com
                     www.varanor.com

               Productivity Through Capability

7 - Oct - 10                                     16

More Related Content

What's hot

PAR New Start Up Seminar 2012- at Playfair
PAR New Start Up Seminar 2012- at PlayfairPAR New Start Up Seminar 2012- at Playfair
PAR New Start Up Seminar 2012- at Playfairtheppa
 
From Prototype to Production
From Prototype to ProductionFrom Prototype to Production
From Prototype to ProductionNuha Nazy
 
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)TheFamily
 
Innovation Dream Team Builder – WIForum Knowledge Transfer/Meetup
Innovation Dream Team Builder – WIForum Knowledge Transfer/MeetupInnovation Dream Team Builder – WIForum Knowledge Transfer/Meetup
Innovation Dream Team Builder – WIForum Knowledge Transfer/MeetupWorld Innovations Forum Foundation
 
Clorox Open Innovation
Clorox Open InnovationClorox Open Innovation
Clorox Open InnovationMatthew_Dudas
 
Nick De Mey (Board of Innovation) - Innovate like a startup
Nick De Mey (Board of Innovation) - Innovate like a startupNick De Mey (Board of Innovation) - Innovate like a startup
Nick De Mey (Board of Innovation) - Innovate like a startupAnis Bedda
 
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...MaRS Discovery District
 
Venture talk at duke dogpatch labs juen 13 2012
Venture talk at duke dogpatch labs juen 13 2012Venture talk at duke dogpatch labs juen 13 2012
Venture talk at duke dogpatch labs juen 13 2012Jay Jamison
 
An Intrapreneurship Framework
An Intrapreneurship FrameworkAn Intrapreneurship Framework
An Intrapreneurship FrameworkMarcelo Bernardes
 
Disruptive Innovation-What Fuels it?
Disruptive Innovation-What Fuels it?Disruptive Innovation-What Fuels it?
Disruptive Innovation-What Fuels it?Rohit Singh
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on InnovationStefan Lindegaard
 
Creativity and innovation
Creativity and innovationCreativity and innovation
Creativity and innovationabdullatif328
 
Co-create your products with customers and improve your time to market
Co-create your products with customers and improve your time to marketCo-create your products with customers and improve your time to market
Co-create your products with customers and improve your time to marketMurk Peutz
 

What's hot (19)

Customer Insights - WIForum Knowledge Transfer/Meetup
Customer Insights - WIForum Knowledge Transfer/MeetupCustomer Insights - WIForum Knowledge Transfer/Meetup
Customer Insights - WIForum Knowledge Transfer/Meetup
 
PAR New Start Up Seminar 2012- at Playfair
PAR New Start Up Seminar 2012- at PlayfairPAR New Start Up Seminar 2012- at Playfair
PAR New Start Up Seminar 2012- at Playfair
 
From Prototype to Production
From Prototype to ProductionFrom Prototype to Production
From Prototype to Production
 
BEN Investability Richard Pitkin
BEN Investability Richard PitkinBEN Investability Richard Pitkin
BEN Investability Richard Pitkin
 
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)
"Scaling a Marketplace with a Physical Product”  Shruti Shah (Move Loot, SVB)
 
Innovation Dream Team Builder – WIForum Knowledge Transfer/Meetup
Innovation Dream Team Builder – WIForum Knowledge Transfer/MeetupInnovation Dream Team Builder – WIForum Knowledge Transfer/Meetup
Innovation Dream Team Builder – WIForum Knowledge Transfer/Meetup
 
Idea Validation - WIForum Knowledge Transfer/Meetup
Idea Validation - WIForum Knowledge Transfer/MeetupIdea Validation - WIForum Knowledge Transfer/Meetup
Idea Validation - WIForum Knowledge Transfer/Meetup
 
Clorox Open Innovation
Clorox Open InnovationClorox Open Innovation
Clorox Open Innovation
 
Nick De Mey (Board of Innovation) - Innovate like a startup
Nick De Mey (Board of Innovation) - Innovate like a startupNick De Mey (Board of Innovation) - Innovate like a startup
Nick De Mey (Board of Innovation) - Innovate like a startup
 
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...
Introduction to Entrepreneurship 101/Finding and Validating Your Idea - Entre...
 
Venture talk at duke dogpatch labs juen 13 2012
Venture talk at duke dogpatch labs juen 13 2012Venture talk at duke dogpatch labs juen 13 2012
Venture talk at duke dogpatch labs juen 13 2012
 
The Magic Of Innovation
The Magic Of InnovationThe Magic Of Innovation
The Magic Of Innovation
 
An Intrapreneurship Framework
An Intrapreneurship FrameworkAn Intrapreneurship Framework
An Intrapreneurship Framework
 
Disruptive Innovation-What Fuels it?
Disruptive Innovation-What Fuels it?Disruptive Innovation-What Fuels it?
Disruptive Innovation-What Fuels it?
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on Innovation
 
Idea Seeker - WIForum Knowledge Transfer
Idea Seeker - WIForum Knowledge TransferIdea Seeker - WIForum Knowledge Transfer
Idea Seeker - WIForum Knowledge Transfer
 
Startup Studio Pitch - Best Practices
Startup Studio Pitch - Best PracticesStartup Studio Pitch - Best Practices
Startup Studio Pitch - Best Practices
 
Creativity and innovation
Creativity and innovationCreativity and innovation
Creativity and innovation
 
Co-create your products with customers and improve your time to market
Co-create your products with customers and improve your time to marketCo-create your products with customers and improve your time to market
Co-create your products with customers and improve your time to market
 

Viewers also liked

Implementing TWI into Daily Work
Implementing TWI into Daily WorkImplementing TWI into Daily Work
Implementing TWI into Daily WorkBusiness901
 
Needs Analysis (P 1-18)
Needs Analysis (P 1-18)Needs Analysis (P 1-18)
Needs Analysis (P 1-18)Sharon O'Toole
 
Toward A Knowledge Based Organization, Varanor, 28 Dec 08
Toward A Knowledge Based Organization, Varanor, 28 Dec 08Toward A Knowledge Based Organization, Varanor, 28 Dec 08
Toward A Knowledge Based Organization, Varanor, 28 Dec 08Norm Nopper
 
From Innovation to Invoice
From Innovation to InvoiceFrom Innovation to Invoice
From Innovation to InvoiceNorm Nopper
 
Technical Process Instruction Work Sample
Technical Process Instruction Work SampleTechnical Process Instruction Work Sample
Technical Process Instruction Work SampleSharon O'Toole
 
En Introduktion til Training Within Industry (TWI)
En Introduktion til Training Within Industry (TWI) En Introduktion til Training Within Industry (TWI)
En Introduktion til Training Within Industry (TWI) John Vellema
 
Twi, Foundation Of Tps N. Nopper, Apma, 25 11 08
Twi, Foundation Of Tps   N. Nopper, Apma, 25 11 08Twi, Foundation Of Tps   N. Nopper, Apma, 25 11 08
Twi, Foundation Of Tps N. Nopper, Apma, 25 11 08Norm Nopper
 
Training Within Industry (TWI) 101 - Dozuki Workshop Series
Training Within Industry (TWI) 101 - Dozuki Workshop SeriesTraining Within Industry (TWI) 101 - Dozuki Workshop Series
Training Within Industry (TWI) 101 - Dozuki Workshop SeriesDozuki Software
 
Traditional Work Instructions vs Standardized Work
Traditional Work Instructions vs Standardized WorkTraditional Work Instructions vs Standardized Work
Traditional Work Instructions vs Standardized WorkMatt Elson
 
Better Manufacturing Work Instructions and Technical Documentation with Dozuki
Better Manufacturing Work Instructions and Technical Documentation with DozukiBetter Manufacturing Work Instructions and Technical Documentation with Dozuki
Better Manufacturing Work Instructions and Technical Documentation with DozukiDozuki Software
 
Overview of Training Within Industry (TWI) by Operational Excellence Consulting
Overview of Training Within Industry (TWI) by Operational Excellence ConsultingOverview of Training Within Industry (TWI) by Operational Excellence Consulting
Overview of Training Within Industry (TWI) by Operational Excellence ConsultingOperational Excellence Consulting
 
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...Operational Excellence Consulting
 
Lean Standard or Standardized Work Training Module
Lean Standard or Standardized Work Training ModuleLean Standard or Standardized Work Training Module
Lean Standard or Standardized Work Training ModuleFrank-G. Adler
 

Viewers also liked (20)

Matematica
MatematicaMatematica
Matematica
 
Implementing TWI into Daily Work
Implementing TWI into Daily WorkImplementing TWI into Daily Work
Implementing TWI into Daily Work
 
Needs Analysis (P 1-18)
Needs Analysis (P 1-18)Needs Analysis (P 1-18)
Needs Analysis (P 1-18)
 
Matematica
MatematicaMatematica
Matematica
 
Toward A Knowledge Based Organization, Varanor, 28 Dec 08
Toward A Knowledge Based Organization, Varanor, 28 Dec 08Toward A Knowledge Based Organization, Varanor, 28 Dec 08
Toward A Knowledge Based Organization, Varanor, 28 Dec 08
 
Aligning Performance
Aligning PerformanceAligning Performance
Aligning Performance
 
From Innovation to Invoice
From Innovation to InvoiceFrom Innovation to Invoice
From Innovation to Invoice
 
short storyboard
short storyboardshort storyboard
short storyboard
 
Technical Process Instruction Work Sample
Technical Process Instruction Work SampleTechnical Process Instruction Work Sample
Technical Process Instruction Work Sample
 
En Introduktion til Training Within Industry (TWI)
En Introduktion til Training Within Industry (TWI) En Introduktion til Training Within Industry (TWI)
En Introduktion til Training Within Industry (TWI)
 
Twi, Foundation Of Tps N. Nopper, Apma, 25 11 08
Twi, Foundation Of Tps   N. Nopper, Apma, 25 11 08Twi, Foundation Of Tps   N. Nopper, Apma, 25 11 08
Twi, Foundation Of Tps N. Nopper, Apma, 25 11 08
 
Training Within Industry (TWI) 101 - Dozuki Workshop Series
Training Within Industry (TWI) 101 - Dozuki Workshop SeriesTraining Within Industry (TWI) 101 - Dozuki Workshop Series
Training Within Industry (TWI) 101 - Dozuki Workshop Series
 
Traditional Work Instructions vs Standardized Work
Traditional Work Instructions vs Standardized WorkTraditional Work Instructions vs Standardized Work
Traditional Work Instructions vs Standardized Work
 
Better Manufacturing Work Instructions and Technical Documentation with Dozuki
Better Manufacturing Work Instructions and Technical Documentation with DozukiBetter Manufacturing Work Instructions and Technical Documentation with Dozuki
Better Manufacturing Work Instructions and Technical Documentation with Dozuki
 
Standard work
Standard workStandard work
Standard work
 
Introduction to Standardized Work
Introduction to Standardized WorkIntroduction to Standardized Work
Introduction to Standardized Work
 
Overview of Training Within Industry (TWI) by Operational Excellence Consulting
Overview of Training Within Industry (TWI) by Operational Excellence ConsultingOverview of Training Within Industry (TWI) by Operational Excellence Consulting
Overview of Training Within Industry (TWI) by Operational Excellence Consulting
 
Standardized Work
Standardized WorkStandardized Work
Standardized Work
 
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...
Training Within Industry (TWI) Programs - JI, JM & JR by Operational Excellen...
 
Lean Standard or Standardized Work Training Module
Lean Standard or Standardized Work Training ModuleLean Standard or Standardized Work Training Module
Lean Standard or Standardized Work Training Module
 

Similar to From Innovation To Invoice 7 Oct 10

Writing A Winning Executive Summary 2006
Writing A Winning Executive Summary 2006Writing A Winning Executive Summary 2006
Writing A Winning Executive Summary 2006Bernard Leong
 
Incubating, accelerating and financing london’s mobile
Incubating, accelerating and financing london’s mobileIncubating, accelerating and financing london’s mobile
Incubating, accelerating and financing london’s mobileJohn Spindler
 
MEMSI June: Disciplined Entrepreneurship Introduction
MEMSI June: Disciplined Entrepreneurship IntroductionMEMSI June: Disciplined Entrepreneurship Introduction
MEMSI June: Disciplined Entrepreneurship IntroductionElaine Chen
 
Incubating, accelerating and financing london’s tech scene ( public version)
Incubating, accelerating and financing london’s tech scene ( public version)Incubating, accelerating and financing london’s tech scene ( public version)
Incubating, accelerating and financing london’s tech scene ( public version)John Spindler
 
Katallaxy overview 060910
Katallaxy overview 060910Katallaxy overview 060910
Katallaxy overview 060910Katallaxy
 
So You Want to Start a Company? Berkeley 111611
So You Want to Start a Company?  Berkeley 111611So You Want to Start a Company?  Berkeley 111611
So You Want to Start a Company? Berkeley 111611Stanford University
 
Executive Summary StartUp@Singapore
Executive Summary StartUp@SingaporeExecutive Summary StartUp@Singapore
Executive Summary StartUp@SingaporeBernard Leong
 
Make winning products - Bill Gorden
Make winning products - Bill GordenMake winning products - Bill Gorden
Make winning products - Bill GordenBill Gorden
 
Make Italian Internet startups succeed for real
Make Italian Internet startups succeed for realMake Italian Internet startups succeed for real
Make Italian Internet startups succeed for realMassimo Sgrelli
 
Angel cube content week1
Angel cube content   week1Angel cube content   week1
Angel cube content week1AngelCubeMelb
 
Technology, Transitioning countries, and why entrepreneurship can change Moldova
Technology, Transitioning countries, and why entrepreneurship can change MoldovaTechnology, Transitioning countries, and why entrepreneurship can change Moldova
Technology, Transitioning countries, and why entrepreneurship can change MoldovaUSAID CEED II Project Moldova
 
12 Rules for Building Your Product Management Playbook
12 Rules for Building Your Product Management Playbook12 Rules for Building Your Product Management Playbook
12 Rules for Building Your Product Management PlaybookJeremy Horn
 
Ikea - A case study in stimulating innovation and change
Ikea - A case study in stimulating innovation and changeIkea - A case study in stimulating innovation and change
Ikea - A case study in stimulating innovation and changeAnkit Uttam
 
Imperial College - Early Stage Investment
Imperial College - Early Stage InvestmentImperial College - Early Stage Investment
Imperial College - Early Stage InvestmentMatthew Stafford
 
K3 - John Spindler (CEO of Capital Enterprise)
K3 - John Spindler (CEO of Capital Enterprise)K3 - John Spindler (CEO of Capital Enterprise)
K3 - John Spindler (CEO of Capital Enterprise)pranavtulsian
 
Examples of Innovation Building Blocks in IBM
Examples of Innovation Building Blocks in IBMExamples of Innovation Building Blocks in IBM
Examples of Innovation Building Blocks in IBMPietro Leo
 
Leadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul SloaneLeadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul Sloane★ Tony Karrer
 

Similar to From Innovation To Invoice 7 Oct 10 (20)

5th Anniversary Celebration slides
5th Anniversary Celebration slides   5th Anniversary Celebration slides
5th Anniversary Celebration slides
 
Writing A Winning Executive Summary 2006
Writing A Winning Executive Summary 2006Writing A Winning Executive Summary 2006
Writing A Winning Executive Summary 2006
 
Incubating, accelerating and financing london’s mobile
Incubating, accelerating and financing london’s mobileIncubating, accelerating and financing london’s mobile
Incubating, accelerating and financing london’s mobile
 
MEMSI June: Disciplined Entrepreneurship Introduction
MEMSI June: Disciplined Entrepreneurship IntroductionMEMSI June: Disciplined Entrepreneurship Introduction
MEMSI June: Disciplined Entrepreneurship Introduction
 
Incubating, accelerating and financing london’s tech scene ( public version)
Incubating, accelerating and financing london’s tech scene ( public version)Incubating, accelerating and financing london’s tech scene ( public version)
Incubating, accelerating and financing london’s tech scene ( public version)
 
Katallaxy overview 060910
Katallaxy overview 060910Katallaxy overview 060910
Katallaxy overview 060910
 
So You Want to Start a Company? Berkeley 111611
So You Want to Start a Company?  Berkeley 111611So You Want to Start a Company?  Berkeley 111611
So You Want to Start a Company? Berkeley 111611
 
Executive Summary StartUp@Singapore
Executive Summary StartUp@SingaporeExecutive Summary StartUp@Singapore
Executive Summary StartUp@Singapore
 
Make winning products - Bill Gorden
Make winning products - Bill GordenMake winning products - Bill Gorden
Make winning products - Bill Gorden
 
Make Italian Internet startups succeed for real
Make Italian Internet startups succeed for realMake Italian Internet startups succeed for real
Make Italian Internet startups succeed for real
 
Angel cube content week1
Angel cube content   week1Angel cube content   week1
Angel cube content week1
 
Technology, Transitioning countries, and why entrepreneurship can change Moldova
Technology, Transitioning countries, and why entrepreneurship can change MoldovaTechnology, Transitioning countries, and why entrepreneurship can change Moldova
Technology, Transitioning countries, and why entrepreneurship can change Moldova
 
12 Rules for Building Your Product Management Playbook
12 Rules for Building Your Product Management Playbook12 Rules for Building Your Product Management Playbook
12 Rules for Building Your Product Management Playbook
 
Ikea - A case study in stimulating innovation and change
Ikea - A case study in stimulating innovation and changeIkea - A case study in stimulating innovation and change
Ikea - A case study in stimulating innovation and change
 
Imperial College - Early Stage Investment
Imperial College - Early Stage InvestmentImperial College - Early Stage Investment
Imperial College - Early Stage Investment
 
Upping valuation v2 9 30-2013
Upping valuation v2 9 30-2013Upping valuation v2 9 30-2013
Upping valuation v2 9 30-2013
 
K3 - John Spindler (CEO of Capital Enterprise)
K3 - John Spindler (CEO of Capital Enterprise)K3 - John Spindler (CEO of Capital Enterprise)
K3 - John Spindler (CEO of Capital Enterprise)
 
Examples of Innovation Building Blocks in IBM
Examples of Innovation Building Blocks in IBMExamples of Innovation Building Blocks in IBM
Examples of Innovation Building Blocks in IBM
 
Startup entrepreneurship with Shlomo Maital
Startup entrepreneurship with Shlomo MaitalStartup entrepreneurship with Shlomo Maital
Startup entrepreneurship with Shlomo Maital
 
Leadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul SloaneLeadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul Sloane
 

From Innovation To Invoice 7 Oct 10

  • 1. From Innovation to Invoice Turning Ideas into Money Norm Nopper, MA, BBA Co – Chair, SME Toronto Chapter 26 STG: Innovation and Creativity Director, Varanor International 7 - Oct - 10 1
  • 2. The State of the Canadian Economy • Manufacturing is under stress. • In Canada, more than one in seven manufacturing jobs disappeared between 2004 and 2008. This was nearly 322,000 jobs. • In the automotive sector, the job picture looks like this: 1991 146,948 2001 199,218 2010 123,829 7 - Oct - 10 2
  • 3. Solutions Being Advocated • Improve Productivity by becoming Lean – Lean is not the Finish Line, IT’S THE STARTING LINE! – Lean and productive factories are being closed. – Lean is now a commodity. Don’t expect to be rewarded for being a Lean Manufacturer. – Like your ISO designation, if you are not Lean, you’re not even in consideration for the job. 7 - Oct - 10 3
  • 4. Solutions Being Advocated • Innovate! • Support Organizations – MaRS – ISCM (Markham) – RIC (Mississauga) – Boards of Trade – Martin Prosperity Centre – Office of Small and Medium Enterprises (OSME) • Reports – Ontario in the Creative Age 7 - Oct - 10 4
  • 5. The Problem Innovation and Creativity and $4.50 will get you a Latte at Starbucks. We need pragmatic solutions at the “company level”. 7 - Oct - 10 5
  • 6. The Importance of Start ups To Create Jobs, Nurture Start-Ups New York Times September 11, 2010 7 - Oct - 10 6
  • 7. My Inspiration If this tiny nation can do it, why can’t we? Canada needs to become Entrepreneurial 7 - Oct - 10 7
  • 8. Our Objectives • To generate lessons learned from entrepreneurs who are at various stages in the journey from innovation to invoice. • To identify a possible business model based on the lessons learned. – Designers, Innovators, Inventors, Entrepreneurs – Small to Medium Manufacturers • To answer the question: Could I make this approach work for my company? • If not, what can I do instead? 7 - Oct - 10 8
  • 9. Design The New Competitive Advantage? 7 - Oct - 10 9
  • 10. Three Activities of the Manufacturer • Design the Product • Make the Product. • Sell the Product. Masaaki Imai Gemba Kaizen 7 - Oct - 10 10
  • 11. New Production Cycle • Design the Product • Market and (Pre)Sell the Product – Perhaps even get the cash up front? • Make the Product (to Order) • Deliver the Product 7 - Oct - 10 11
  • 12. In Other Words . . . . • Retailers and distributors are marketing and selling products that do not exist, using Design to attract customers, building only to existing orders, and eliminating inventory entirely. 7 - Oct - 10 12
  • 13. Beyond Lean: Nimble Manufacturing • Design is the new competitive advantage. – Small to midsized manufacturers must either establish internal design capability, or partner with designers, inventors, innovators and other creative individuals and organizations to drive new product through their factories and remain in business. • Manufacturers must become “nimble”. – Learn to move quickly to build low volumes of bespoke products and deliver to customers on time, while doing so profitably. 7 - Oct - 10 13
  • 14. A Critical Partnership Designers Entrepreneurs Manufacturers Innovators Inventors Manufacturers need to develop a “Design Capability”, either by establishing a Design Engineering department, or by partnering with Design experts. 7 - Oct - 10 14
  • 15. Our Speakers (My Inspiring People) • Corbee Dutchburn, Develpro & Decorpro • Peter Uhl, Greg Silas, Ultimate Building Blocks • Maureen McCabe, McCabe Marketing • Norm Nopper, Roland Nopper, Lakeport Metalcraft and Welding • Panel Discussion – Co – facilitators: Marie Laird, Norm Nopper 7 - Oct - 10 15
  • 16. Norm Nopper, MA, BBA Director, Varanor International nsnopper@varanor.com www.varanor.com Productivity Through Capability 7 - Oct - 10 16