Shipbuilding innovation: New product, new development technology

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Yantai Raffles and Sevan Marine exemplify the creative thought that 3D and PLM enable. The technology can fundamentally alter the design‐manufacturing business equation, enabling innovation, and rapid adaptation to changing market needs and fluctuating market conditions. The SSP 300 project is an example of a successful innovative project, in a market where nearly 80 percent of all projects experience catastrophic cost overruns and overwhelming delays.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2006), "Shipbuilding innovation: New product, new development technology", Strategic Direction, Vol. 22 No. 8, pp. 33-35. https://doi.org/10.1108/02580540610676019