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Lean Product Development - The Bank of Tomorrow?

David, Åsa and Göransson, Madeleine LU (2012) FEKN90 20121
Department of Business Administration
Abstract
Title: Lean Product Development - The Bank of Tomorrow?
Seminar date: June 1st, 2012
Course: Master thesis in business administration, 30 University Credit Points (30 ECTS).
Authors: Åsa David and Madeleine Göransson
Advisor: Gert Paulsson
Key words: Lean, Lean Innovation, Lean Product Development, Return on Investment,
Engineering Industry
Aim: The aim of the study is to describe and analyze how companies work with lean principles in the Product Development process, the value of this and how it can affect Return on Investment.
Methodology: This study was conducted with a qualitative approach, with case studies at ASSA ABLOY, Atlas Copco Tools, Autoliv and ABB Robotics. The data was collected through semi-structured, face-to-face... (More)
Title: Lean Product Development - The Bank of Tomorrow?
Seminar date: June 1st, 2012
Course: Master thesis in business administration, 30 University Credit Points (30 ECTS).
Authors: Åsa David and Madeleine Göransson
Advisor: Gert Paulsson
Key words: Lean, Lean Innovation, Lean Product Development, Return on Investment,
Engineering Industry
Aim: The aim of the study is to describe and analyze how companies work with lean principles in the Product Development process, the value of this and how it can affect Return on Investment.
Methodology: This study was conducted with a qualitative approach, with case studies at ASSA ABLOY, Atlas Copco Tools, Autoliv and ABB Robotics. The data was collected through semi-structured, face-to-face interviews with 17 interviewees with dif-ferent positions, as well as observations at the case companies’ R&D sites.
Theory: The theoretical chapter of this study covers the concepts of Product Develop-ment, lean, Lean Product Development and Return on Investment. The princi-ples of Lean Product Development from different authors have been summa-rized in a framework of six principles. This framework is used when analyzing the empirical material.
Empirical foundation: The empirical chapter covers each case unit’s use of lean in Product Develop-ment processes and their experiences from this; what positive aspects and chal-lenges they have seen along the way.
Conclusions: This study shows that Lean Product Development leads to positive improve-ments even if only a few lean techniques are adopted. Positive aspects such as faster time to market, improved communication and coordination as well as better overview and planning of time and resources have been seen at the case companies. The study further shows that these positive improvements are likely to affect the Return on Investment positively. (Less)
Please use this url to cite or link to this publication:
author
David, Åsa and Göransson, Madeleine LU
supervisor
organization
course
FEKN90 20121
year
type
H1 - Master's Degree (One Year)
subject
keywords
Lean, Lean Innovation, Lean Product Development, Return on Investment, Engineering Industry
language
English
id
2542411
date added to LUP
2012-06-19 09:28:12
date last changed
2012-06-19 09:28:12
@misc{2542411,
  abstract     = {Title: Lean Product Development - The Bank of Tomorrow?
Seminar date: June 1st, 2012
Course: Master thesis in business administration, 30 University Credit Points (30 ECTS).
Authors: Åsa David and Madeleine Göransson
Advisor: Gert Paulsson
Key words: Lean, Lean Innovation, Lean Product Development, Return on Investment,
Engineering Industry
Aim: The aim of the study is to describe and analyze how companies work with lean principles in the Product Development process, the value of this and how it can affect Return on Investment.
Methodology: This study was conducted with a qualitative approach, with case studies at ASSA ABLOY, Atlas Copco Tools, Autoliv and ABB Robotics. The data was collected through semi-structured, face-to-face interviews with 17 interviewees with dif-ferent positions, as well as observations at the case companies’ R&D sites.
Theory: The theoretical chapter of this study covers the concepts of Product Develop-ment, lean, Lean Product Development and Return on Investment. The princi-ples of Lean Product Development from different authors have been summa-rized in a framework of six principles. This framework is used when analyzing the empirical material.
Empirical foundation: The empirical chapter covers each case unit’s use of lean in Product Develop-ment processes and their experiences from this; what positive aspects and chal-lenges they have seen along the way.
Conclusions: This study shows that Lean Product Development leads to positive improve-ments even if only a few lean techniques are adopted. Positive aspects such as faster time to market, improved communication and coordination as well as better overview and planning of time and resources have been seen at the case companies. The study further shows that these positive improvements are likely to affect the Return on Investment positively.},
  author       = {David, Åsa and Göransson, Madeleine},
  keyword      = {Lean,Lean Innovation,Lean Product Development,Return on Investment,Engineering Industry},
  language     = {eng},
  note         = {Student Paper},
  title        = {Lean Product Development - The Bank of Tomorrow?},
  year         = {2012},
}