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What is TRIZ?
TRIZ is a Russian Acronym for Teoriya Resheniya Izobreatatelskikh Zadatch. When translated in English TRIZ means ‘The Theory of Inventive Problem Solving’. Genrich S. Altshuller, father of TRIZ, and his colleagues’ studied and analyzed over million worldwide patents and devised this theory. It is an efficient and proven innovation and problem solving methodology.
The reason TRIZ is important is because it enables an organization to become truly innovative in formulating its strategic identity. TRIZ pushes the minds of leaders out onto the fuzzy edge of what they can become.
TRIZ is a toolset that can be utilized in various circumstances to provide a systematic, directed and best in class result. TRIZ is:
- An algorithmic, step-by-step procedure.
- A guide through a broad solution space to direct to the ideal solution.
- Repeatable and reliable and not dependent on psychological tools.
- Access to the body of inventive knowledge.
Why do companies need TRIZ?
The technology is changing rapidly and so the market needs. Collectively both of these are making product life cycles smaller. Hence, faster innovation is the need of the hour. TRIZ provides help in providing ‘multiple Best-in-class’ solutions in lesser time, thus reducing the R&D cycle time. Some more advantages of using TRIZ for problem solving are –
- Directed approach for research and development,
- Faster improvements,
- Removal of trade-offs,
- Cost reduction in R&D,
- Technology forecasting, and
- Competitive edge
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