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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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Crowdsourcing vs. Focus Groups: A Comparative Review

IdeaScale

Crowdsourcing is a favored method of gathering data for product innovation. Anyone can quickly and easily gather data. As they say, “Data is the new oil.” Companies use crowdsourcing for product innovation and focus groups for market research to gather the most relevant and useful data.

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New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

Are you looking for ways to take your innovation strategy to the next level in 2020? Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started.

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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Trend #1: Greater Financial Scrutiny on New Product Development Balanced Against Innovation Opportunity While the U.S.

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Social intelligence tools allow for deeper analysis of consumer behavior.

Brunner

It’s a process of watching hashtags, keywords and digital engagement to identify trending topics and monitor brand sentiment, and roughly 70% of local businesses use it to better understand their customer segments, according to a joint survey from the Atlanta Business Chronicle and marketing agency Brunner. What do they care about?

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1 Definition of Innovation & 4 Strategies to Achieve It

BrainZooming

An article in The Wall Street Journal about food companies innovating to raise prices features this definition of innovation from Kroger CEO Rodney McMullen: “Creating something I didn’t know I needed is innovation.”. Here are four paths you can use to develop innovative product ideas: 1.

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What Is Business Intelligence?

Collective Innovation

Business intelligence is the collection and analysis of data to support decisions at all levels of the organization. This can include information about the company internally, customer information, market information, sales velocity, competitive information and numerous other metrics.

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