Lean Product Development Processes For Innovation And Speed

Innovation Excellence

Through our hands-on work with clients, we have developed a lean product development process. It is a methodology that depicts key milestones, but supersedes specific engineering models such as waterfall or Agile.

Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

In today’s fast-moving business landscape, the ability to commercialize products quickly and efficiently is imperative. Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. Lean Innovation doesn’t begin and end with product development.

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Lean & Startup Patterns – Interview with Sam McAfee

Grasshopper Herder

I reached out to chat about his approach on Lean, startups and teamwork. Q: What are the differences between Agile Software Development and Lean Software Development? A: At the highest level, the difference between Agile and Lean software development is mainly […]. Lean Startup Teamwork & Leadership lean manufacturing lean product development lean startup

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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. And in practice, we combine three important ideas: design thinking, Lean Startup, and agile methodology. In this way, lean innovation and design thinking go hand in hand.

The Right Way to Do Lean Research

Boxes and Arrows

Each panelist had made their mark on how design is done in start-ups: Laura wrote the influential O’Reilly book on UX for Lean Startups, and Todd penned the bestselling Rosenfeld Media Prototyping book. Mike founded an influential Lean UX community in San Francisco. . Although the conversation ranged widely, they kept coming back to research: the heart of the lean build-measure-learn cycle. Below is Laura Klein expounds on these key themes of lean research.

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The UX Professionals’ Guide to Working with Agile Scrum Teams

Boxes and Arrows

The adoption of Agile software development approaches are on the rise across our industry, which means UX professionals are more likely than ever to support Agile projects. Many UX professionals seem stymied by the challenge of effectively integrating UX within an Agile development framework –but there are others in our field who have encountered the same problems yet are finding effective solutions. Perception of UX as less valued than development.

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Agile Innovation Manager Training

ITONICS

We offer a training to become an Agile Innovation manager in cooperation with our partners from Innovation Alliance. This modular training program ensures that you benefit from the Innovation Alliance’s many different fields of expertise and leads to the title of Agile Innovation Manager. get an insight into how Agile Innovation Management really works. find out how to develop market-relevant products from your ideas in a structured way.

An Answer to the Pains of Integrating Agile and UX

Boxes and Arrows

Although I was attending as a sponsor/exhibitor for Indigo Studio, I did manage to break away to go to the “There’s more than one way to skin a cat: Integrating UX into an Agile environment” session. As sometime director of Design at Infragistics, I personally have had first hand experience trying to integrate UX into an existing, established Agile engineering process with large-ish teams. The answer situates itself within the Lean approach to product development.

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A Beginner’s Guide to MVP

etventure

In our beginner’s guide to MVPs our Head of Product, Gregor Ilg, explains what a minimum viable product is, how it is developed and how it can help companies to enhance innovation. MVP” is an acronym for “minimum viable product”. During the last couple of years the MVP has become the holy grail of agile product development – but there are still a variety of different interpretations about what “MVP” really means. What is an MVP?

Incubation is the Hard Part Between Discovery and Success

The Inovo Group

The processes, methods and tools used for New Product Development (NPD) are insufficient for strategic innovation [1] and strategic innovation is necessary for the accelerated growth that companies demand. A comprehensive incubation framework can be based on two complementary approaches – Lean Startup and Effectuation – along with other components that fill out the incubation system architecture. Incubation isn’t even an issue – just develop it! Highlights.

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The secrets behind building a Unicorn

Matthew Griffin

You’ve heard their names and you’re already using their products and in many cases they are now the new market leaders, the companies everyone wants to be or to beat. Development. Over the years I’ve found that there is a common misconception that creative types – innovators and inventors are born and that only a small subset of society are deemed capable of being able to conceive great new products but that’s myth. Stage 2: Development.

15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations. Even if they have agreed on the importance of innovation and have set up teams or departments to develop new value-adding, innovative products and services, these products may end up never being launched because nobody in the existing business units will take responsibility and take the risk of launching them.

How to Avoid a Marketplace Flop

Econic

Since Gerber had already built such a strong brand with parents, they had a hunch that the best place to expand was by providing more products to parents. They invested millions of dollars into this product creating thousands of these jars, buying shelf space, and putting these into stores. It made sense to sell a new product to the market who was already buying their baby food. Because most people who try to create new products follow the same process that Gerber did.

Startup Engagement in Corporate Innovation

Integrative Innovation

There are distinct differences by industry: Financial service corporates are leaning towards Corp-Up (63%), One-off events (56%) and CVC (38%), media players towards CVC (80%) and Corp-Up (60%), and telecoms towards Corp-Up (57%) and incubators/ accelerators (56%). Recently, Match-Maker Ventures and Arthur D.

Empower Operational Employees to Innovate

Gregg Fraley

Companies are investing in innovation training, mostly learning frameworks like Lean, Agile, or Design Thinking. Nearly all that training is for dedicated innovation teams , or employees who are focused on new product development. Engaged support for strategic and tactical innovation initiatives developed by others. Reduced expenses through greater efficiency and productivity in internal processes.

Strategy Sprints – A DIY Guide

Innovation Excellence

A software developer practicing "agile" thinks of it as a short, iterative cycle of work, often weeks or months, rather than seconds. An entrepreneur practicing "lean startup" methods thinks of it as minimally viable product development effort of a week or less. The word sprint means different things to different people. A runner thinks of it as a race, a mad dash of a few seconds.

Innovation fundamentals: using time effectively

Jeffrey Phillips

Good innovation, like good cooking or the development of a human being, takes time, and time is something that is so constrained that most innovation projects simply compress time into manageable blocks, and in doing so compress and constrain good ideas. There are at least four concepts of time I want to discuss that matter to innovation: elapsed and committed time, development and launch time, and the opportunity window. Getting a product to market can take years or even decades.

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Innovation - fast and slow, for the right reasons

Jeffrey Phillips

These words include adjectives such as "lean", "agile" and "rapid", to make the point that innovation should be stripped to its bare components, move as fast as possible and create minimum viable solutions. No amount of lean tools or agile methodology will change that.

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Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work – the Minimal Viable Product

Steve Blank

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Build a product, get it into the real world, measure customers’ reactions and behaviors, learn from this, and use what you’ve learned to build something better.

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The fallacy of "modern" management when it comes to innovation management

Moves the Needle

His very lean progressive assembly process was the result. Today, the cost and time it takes to build, launch, and deliver new products at scale is lower than ever. They have more companies to choose from, more models for each product, as well as vast quantities of information on quality, functionality, value, and so on. This process worked best with relatively simple products with few differentiating factors between models and well-understood market demand.

5 Things to stop doing to enable enterprise innovation

Moves the Needle

*This post originally appeared on Mind the Product. We’ve learned from the collapse of Kodak, Blockbuster, RadioShack and other once-prominent organizations that a corporate culture designed to uphold and manage existing success can actually become the arch nemesis of an enterprise that needs to be agile in order to evolve to meet the needs of quickly changing global markets. Stop focusing on products and start focusing on problems Problems are goldmines. Lean Innovation

Be Innovative if You Want to Drive Innovation

IdeaScale

At IdeaScale we help Kane is Able and many other clients achieve their continuous improvement strategies such as Lean, Kaizen or Six Sigma. We work with clients to materialize their Design Thinking processes like we did with our customers at SAP , achieve their Agile product development and research operations, and implement business viability assessments based on COSTAR or Business Model Canvas.

"T" time for innovation

Jeffrey Phillips

The efficient, effective environment isn't a good development platform for new thinking and new ideas. Your existing product or service development programs are likely overworked and will reject ideas or solutions that require new capabilities. What this leads to is "me too" innovation, where the innovations are indistinguishable from existing products. The first team wants to sustain existing products and profits and not ruffle feathers.

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So Where Is Innovation Heading?

Paul Hobcraft

Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different. There are significant shifts underway towards digital innovation in R&D and new-product development. The importance of big data, the speed of technology adoption, mobile products, digital design, and technology platforms are at the heart of innovation.

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How Schibsted Media Group Used Empathy and Evidence to Validate New Ideas

Moves the Needle

This disconnect leads organizations down the wrong path toward producing products and services that no one really wants , because they aren’t using evidence (data + insights) to guide their product development.

Non-Profit Innovation: NCARB Brings New Product to Market

Moves the Needle

How The National Council of Architectural Registration Boards Used Lean Innovation to Create New Value for Their Customers Take this Case Study with you! The National Council of Architectural Registration Boards ( NCARB ), a national non-profit organization, develops standards for licensure and credentialing of architects. The list of work was developed based on internal assumptions of what customers needed. Is your Non-Profit looking to develop a new product?

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The Case for Dual Innovation

Tim Kastelle

It turned out compelling to me, given the inherent conditions a large company operates in, that decoupling explorative innovation (such as the development of new-to-the-company technologies and/or business models) from innovating the existing core business is mandatory for an organization in order to establish a balanced and sustainable innovation capability. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach.

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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

And when we do make bets, they’re small bets on incremental products or acquisitions that simply add to the bottom line.”. More agile competitors are starting to eat into our business. Startups have finite time and resources to find product/market fit before they run out of money. They’ve found product/market fit (what products customers want to buy). They’ve learned the best distribution channel to get the product from their company to the customer.

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Reinventing Education: How Innovation Techniques are Transforming Education

KindlingApp

Taking cues from the lean startup approach to product development, a culture of experimentation has begun to develop in the education world opening the doors to new technologies and approaches to learning. The key characteristics for success with lean startups—a passion for experimentation, a minimum viable product, a commitment to test and iterate quickly on the product (agile development), and investment capital—are each finding their match in the education sector.

Innovate to Learn: Innovation and Education

KindlingApp

Taking cues from the lean startup approach to product development, a culture of experimentation has begun to develop in the education world opening the doors to new technologies and approaches to learning. The key characteristics for success with lean startups—a passion for experimentation, a minimum viable product, a commitment to test and iterate quickly on the product (agile development), and investment capital—are each finding their match in the education sector.

Shifting Innovation Perspectives for 2019

The Future Shapers

7] That suggests that innovation may still be viewed as linked to product rather than whole organisation capability, thereby limiting the chance of optimal outcomes. Elsewhere Southwest Airlines has developed an innovation academy with a view to leveraging human-centred design practices in order to inspire innovation and agile thinking and devolve innovation through best practices. Strategy – Product Development.

Building an Innovative Company Culture

Taivara

Support your innovators Provide training in iterative, experiment-rich approaches to innovation and new product development. He helps clients develop their innovation culture and systems. Taivara Blog Post by Michael Shuchter. Building an Innovative Company Culture.

Successfully shaping Digital Transformation

ITONICS

How to develop a clear strategy in the context of digital transformation? Accepting that every factor of a company (customer, employees, products, etc.) As a result, you can develop resulting fields of action. A = Agility: Agility stands for the ability to be flexible, proactive and ready for continuous market change and transformation in order to adequately react. How develop a clear strategy in the context of digital transformation? By Andreas Rusnjak.

The Importance of Persistence: Building an Innovation System for the Long-term

The Inovo Group

Independent reporting – They were independent of core corporate functions like R&D, Marketing, and Business Development. CEOs who focus their attention on future events and external activities lead their firms to early adoption and invention of new technologies and greater and faster development of innovations. Persistent innovation is about long-term commitment and the development, over years, of deeply ingrained behaviors and mindsets. Highlights.

5 Things to Stop Doing to Enable Enterprise Innovation

Moves the Needle

*This post originally appeared on Mind the Product. We’ve learned from the collapse of Kodak, Blockbuster, RadioShack and other once-prominent organizations that a corporate culture designed to uphold and manage existing success can actually become the arch nemesis of an enterprise that needs to be agile in order to evolve to meet the needs of quickly changing global markets. Stop focusing on products and start focusing on problems.

Better Products Faster: How to Use PPM Processes to Strengthen Your R&D

AureaWorks

Research and development is an essential process for any organization. RQ is a measure of R&D productivity, which means your organization would need to have done R&D projects in the past to calculate this metric. That regression analysis gives you productivity levels for those three inputs: PP&E, labor and R&D. Guess which one did a better job of getting its products to market on time and within budget? “[S]uccess Product Management Project Management

The Case for Dual Innovation

Integrative Innovation

It turned out compelling to me, given the inherent conditions a large company operates in, that decoupling explorative innovation (such as the development of new-to-the-company technologies and/or business models) from innovating the existing core business is mandatory for an organization in order to establish a balanced and sustainable innovation capability. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach.

How to determine when customer feedback is actionable

Boxes and Arrows

One of the riskiest assumptions for any new product or feature is that customers actually want it. Although product leaders can propose numerous ‘lean’ methodologies to experiment inexpensively with new concepts before fully engineering them, anything short of launching a product or feature and monitoring its performance over time in the market is, by definition, not 100% accurate. Product teams need to combine the detection of an effect (i.e.,