Discover what to expect in cutting edge technology from Angela May of MistyWest.
WHAT IS CUTTING EDGE TECHNOLOGY?
1. Pushing a boundary of performance, cost, or time to deliver.
2. Creating a technology that doesn’t exist.
3. Disrupting an existing market.
KEY COMPONENTS TO SUCCESS
1. People. What characteristics should you look for when building your team?
- Multidisciplinary – they are able to push outside of their expertise.
- First Principles Focus – back to the basics is important.
- Weird Tolerance – high tolerance for weird situations.
- Sense of Humor – a little levity helps the team get through stressful situations.
- Hands-On Experience – they know how to work through problems. ~
- Passion – passionate about the common goal of the team.
**Don’t forget that your manufacturing partners and clients are part of your team too!
2. Environment. How to achieve peak performance.
- Common goal vs. personal ego.
- Support individual learning.
- Every role is equally important.
- Communicate risks.
- Failure is normal and OK.
- Vulnerability is OK.
3. Resources: Technology, Team, Time
- Technology – Use your trusted tools and focus on the core problem. Combine cutting edge tech with tried and true.
- Team of Experts – Build a strong network of experts you can turn to. There’s no substitution for experience!
- Time ($$$) – Have a contingency and fallback plan – expect things to go wrong.
4. Processes
- No bad ideas in brainstorming.
- You’re not the first.
- Try not to reinvent the seal.
- Don’t break the laws (of Physics).
- Fail FAST
- Iterate!
- There will be unknown unknowns.
To view photos from this event, click here.
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