CTO Straight Talk Issue 4 - 38

It's a mixture of science and art. We spend a
lot of time thinking about what the economic
and business drivers will be in the coming
years. We consider the laws of physics. We
imagine what the world will look like in 2040.
It requires the input of those who are close
to the customer and those who are close
to the technology, a combination of people
with strong analytical and technical skill sets
and those who are imaginative and can talk
through these things. It's impossible to get
the future precisely right, but with teamwork
we are able to move confidently
in the right direction.

A CONTINUOUS
IMPROVEMENT ENGINE
A big part of what enables us to do what
we do is the Meggitt Production System, a
group-wide business system based on lean
methodology. It started off as a method to
help people build things on the shop floor
in a more standardized fashion, but given
its success there, its use has been expanded
across the whole company.
Deployed in every factory and every function

" Life-saving technology
is seemingly priceless.
However, the market
wants not only the
best capabilities and
performance, but also
lower prices. "

38



CTO Straight Talk Issue 4

Table of Contents for the Digital Edition of CTO Straight Talk Issue 4

Contents
CTO Straight Talk Issue 4 - Cover1
CTO Straight Talk Issue 4 - Cover2
CTO Straight Talk Issue 4 - 1
CTO Straight Talk Issue 4 - Contents
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CTO Straight Talk Issue 4 - Cover4
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