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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

The trends outlined in this blog offer a glimpse into the future of product development and some exciting opportunities for product-driven companies to achieve real ROI regarding cost savings, efficiency, productivity, digital transformation benefits, and employee satisfaction.

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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. Addressing Agile-Stage-Gate PPM Implementation Challenges Resource Allocation, Capacity, Planning Best Practices.

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Have organizations become more collaborative over 25 years? What has enabled that?

Paul Hobcraft

From linear to agile: Idea generation is now a continuous process, not a one-time event. Organizations are using agile methodologies to rapidly test and iterate on ideas, keeping up with the pace of change and market demands. This openness is driving innovation by bringing in fresh perspectives and new ways of thinking.

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Innovation on Steroids: Next Generation AI-Powered Phases and Gates

Leapfrogging

It’s a systematic approach designed to minimize risk and allocate resources effectively. The typical stages might include concept development, design, testing, and launch. Enhance the quality of products developed. Optimize resource allocation throughout the development process.

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Unlocking Success: Leveraging Startup Innovation with Corporate Venture Capital

Leapfrogging

This alignment can result in a myriad of collaborative opportunities, from product development to new market entry. By integrating the agility and fresh perspectives of startups, established companies can adapt more quickly to industry changes and consumer demands.

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Working together to shape innovation for meaningful change

Paul Hobcraft

Within the value proposition, we actively shape these journeys, building adaptability, agility and innovation for long-term success in the changing business environment we all face today. A landscape and the navigation skills that provide the adaptability and agility needed for successful innovation in the current business landscape.

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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

But how can an enterprise organization re-invent product commercialization? Lean Innovation doesn’t begin and end with product development. It does not include product development. Most companies have a product development process that is completely separate from their go to market strategy.