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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. Robert Cooper in the Journal of Product Innovation Management. Addressing Agile-Stage-Gate PPM Implementation Challenges.

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Our 7 Podcast Recommendations about Innovation and Entrepreneurial Spirit

The BMI Lab Blog

While some of us will try to overcome the Zoom-Fatigue by disconnecting from the digital world and find inspiration in books or nature, others prefer to stay connected and enjoy good, insightful content to make the best out of their free time. If you want to find out more about our lean startup approach, check out our Launchpad.

LEAN 52
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How to Cut Costs and Still Be Innovative

Leapfrogging

With all the hype these days around the impending disruptions on the horizon such as blockchain, artificial intelligence, augmented reality and the like, it’s natural to assume that breakthrough innovation requires breakthrough technology. Is innovation really all about breakthrough technology and big financial investments?

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

What is the difference between design thinking and Lean UX? How can design thinking help with product development? Reading books and articles: There are many books and articles available on design thinking that can provide an introduction to the concept and its key principles.

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Moving from Project to Product: A Five-Stage Journey

Planview

But greater emphasis is being placed on moving from project to product, which focuses on enabling teams to become end-to-end experts. A 2018 Gartner survey found that 85% of companies prefer a product-centric model. And with the acceleration of digital transformation and technology in recent years, that number has likely increased.

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Toward a New Horizon Model

Moves the Needle

The horizon model originally came from the book “The Alchemy of Growth” by Stephen Coley, Mehrdad Baghai, David White. The purpose for the model was to help businesses think about their need to develop new revenue sources over time. New take: It’s arbitrary to declare that an “incremental” change to a product takes 3-5 years.

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Innovation is a Company Wide Responsibility

ImagineNation

Therefore, corporate R & D programs need targets to ensure that the product development portfolio includes growth projects that carry more risk and have a longer payback. I believe that every person who touches product development has the ability – and the responsibility – to deliver innovative products to the market.

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