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A Collaborative Product Development Stage Gate

IdeaScale

So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio. Here’s an example workflow from the Product Innovation campaign: Team Review: Sub teams comprising cross-functional Subject Matter Experts (SME-T) are established.

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Sustainable Product Development: Balancing Innovation and Responsibility

helloFUTURE

Companies must continually innovate in the dynamic business world to meet consumer demands and remain competitive. However, in an era marked by increasing awareness of our impact on the planet, product development can no longer occur without consideration of environmental and social sustainability.

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Driving Product Development with Data: Harnessing Analytics for Insight and Innovation

helloFUTURE

Every click, every swipe, and every interaction generates valuable information that, when harnessed correctly, can offer deep insights and drive innovation. In product development, data and analytics can be a game-changer.

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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. In his paper on Accelerating innovation, Dr. Cooper makes the case that “firms can respond quickly and pivot with innovations.”

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A PM's Guide to Building a Culture of Product Innovation

Speaker: Bob Webber, VP Product Flow Optimization, Construx

There's a lot of innovation advice out there, but very few companies are recognized for their innovation. Despite the importance of new product development, more than half of all product launches and innovations fail. Innovation advice will not work if your company's culture does not encourage it.

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What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. But how do we know that a company like Dick’s is a good fit for crowdsourcing? Well, here are a few qualities that make a company more likely to succeed in a crowdsourcing effort.

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Using Product Development Metrics That Motivate at the Team Level

Innovation Excellence

The two most common product development metrics are R&D spending as a percent of sales and revenues from new products over time. There’s no linear relationship between R&D spending and new product success. For example, a company might allocate ten percent of its R&D.