Blog Archives

All posts by Carroll Elger

3 Reasons Why an Innovation Program can Help Insurance Companies Beat Disruption

In our final entry in this series on disruption in insurance, we discuss how innovation programs actually work for insurers to beat disruption in the industry. If you haven’t read the previous entries in the series, 5 Technologies Disrupting the Insurance Industry and 3 Startups Disrupting the Insurance Industry, I suggest doing so, as they’ll provide useful context for when you read this article. As we’ve discussed in those blogs,

Carroll Elger|
April 12, 2019
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3 Startups Disrupting the Insurance Industry

Young entreprenuers discussing startup

In our last blog post, 5 Technologies Disrupting the Insurance Industry, we established that disruptive technologies are rapidly changing the insurance industry landscape and that firms, especially large incumbents, must respond and innovate around disruption to survive and thrive.   Innovation is the natural and correct response to disruption. Innovation can be incremental, when a firm adopts pieces of new technology to keep current with trends, or disruptive, when a firm

Carroll Elger|
March 14, 2019
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5 Technologies Disrupting the Insurance Industry

Website designer working digital tablet and computer laptop with smart phone and graphics design diagram on wooden desk as concept

Anyone working in technology or innovation has heard of it- disruption, the most pressing recent phenomenon facing businesses in any industry today. Wikipedia defines disruptive innovation as “an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances.” While disruptive technologies have changed business landscapes since the industrial revolution, only recently has technology begun to

Carroll Elger|
March 1, 2019
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The 8 Forms of Lean Waste, Applied to Business: Extra-Production

Food technicians working together in a food processing plant

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.   Due to lean’s success in the manufacturing industry, managers in other industries began

Carroll Elger|
January 29, 2019
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The 8 Forms of Lean Waste, Applied to Business: Motion

business people walking down the hall to work somewhere else

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.   Due to lean’s success in the manufacturing industry, managers in other industries began

Carroll Elger|
January 8, 2019
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The 8 Forms of Lean Waste, Applied to Business: Inventory

man holding clipboard checking inventory

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.   Due to lean’s success in the manufacturing industry, managers in other industries began

Carroll Elger|
December 20, 2018
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The 8 Forms of Lean Waste, Applied to Business: Transportation

Four person business team walking through a brightly lit hallway

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.   Due to lean’s success in the manufacturing industry, managers in other industries began

Carroll Elger|
December 13, 2018
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The 8 Forms of Lean Waste, Applied to Business: Non-Utilized Talent

young businesswoman looking frustratedly at her laptop

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.

Carroll Elger|
December 6, 2018
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The 8 Forms of Lean Waste, Applied to Business: Waiting

Four businesspeople waiting to get their work done

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.

Carroll Elger|
November 30, 2018
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The 8 Forms of Lean Waste, Applied to Business: Overproduction

Wasting resources with too much communication

In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.

Carroll Elger|
November 26, 2018
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