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The world economy’s operating system is being rewritten. In this exclusive excerpt from the new book No Ordinary Disruption, its authors explain the trends reshaping the world and why leaders must adjust to a new reality.
In the past 20 years or so, manufacturers have been able to reduce waste and variability in their production processes and dramatically improve product quality and yield (the amount of output per unit of input) by implementing lean and Six Sigma programs.However, in certain processing environments—pharmaceuticals, chemicals, and mining, for instance—extreme variability is a fact of life, sometimes even after lean techniques have been applied.