In this episode, Morgan and Eddie address a question from a newly appointed VP of Engineering at a Series C company who is struggling to foster innovation. The discussion explores the challenges of reinvigorating stagnant growth while maintaining current product stability. They delve into the concepts of balancing immediate business needs with future innovations, employing the Toyota Production System (TPS) pillars—Jidoka and Just-In-Time—and methods such as value stream mapping, cost of delay analysis, and Monte Carlo simulations. The episode underscores the importance of adaptable engineering cultures and data-driven decision-making to unlock the next stage of company growth.

• (00:00) -  Introduction