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Innovation Funnel Management System: The Secret Tool to Drive Innovative Product Development in Your Business

Leapfrogging

But how on earth were we going to cut down over 200 ideas into a few that the company could bring forward? . Enter the Innovation Funnel Management Process, one of my favorite tools to help manage business process innovation. The Innovation Funnel Management Process ?requires Here’s a?

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

Leapfrogging

From its inception to the current state, the processes governing the development of new products and services have continuously evolved to incorporate new methodologies and technologies. Traditional Phases and Gates Processes Traditionally, the phases and gates model has been a cornerstone in structuring innovation management.

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The future of sustainable product development: Looking at innovation governance

Sopheon

McKinsey also notes that an unprecedented amount of capital will transfer to projects, products, and companies committed to net zero efforts. He noted three imperative action items companies should implement: Drive your product portfolio toward increased sustainability. My Sopheon colleague, H.C.

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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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How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. The fastest growing companies interpret innovation through multiple lenses.

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Scaling Innovation: How Enterprise Companies Can Reach their Potential with Innovation Management Software

Qmarkets

Embracing change and fostering innovation are essential for companies aiming to thrive in today’s market. The concept of ‘scaling innovation’ has become a crucial strategy for organizations looking to transform occasional successes into a consistent, organization-wide capability.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

For a comprehensive understanding of how AI is reshaping this field, I recommend reading about innovation management powered by artificial intelligence. The Importance of AI in Today’s Product Development Artificial Intelligence has become an indispensable tool in modern product development.