The role of flexibility in the development of new products: an empirical study

Article Abstract:

An empirical analysis on several design projects proved that design flexibility poses substantial influence on development process, especially under highly uncertain environments. Results of the study revealed that projects that employ flexible design outclassed those which use inflexible design by a factor of 2.2 (in person-months), more than 23% of which is determined by the management of design risks. Designers are capable of tolerating high levels of risks with flexible designs, which led to the reduction of resource investments. The study also cited the Taguchi method as an alternative approach in optimizing design flexibilities.

Product Development, Models, Industrial design

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Selection environments, flexibility and the success of the gas turbine

Article Abstract:

The two technologies for electricity generation- cycle gas turbine (CCGT) and fluidized bed boiler are examined. The economic, institutional and political changes in the selection environment for power plant technologies that determine success and failure of the technologies are discussed.

United Kingdom, Technology application, Gas-turbines, Gas turbines

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Conceptualizing and evaluating career success

Article Abstract:

The measurement of subjective and objective success should be based on a broader understanding of theory and research. The methods by which individuals can evaluate their career success in an objective manner are discussed.

Texas, Career Planning, Methods, Evaluation, Career development, Success

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