Peer Insight

DECEMBER 12, 2018

The post A Simple Definition for a ‘Business Model’ appeared first on Peer Insight. Are you interested in experimenting with new business models at your organization, but not sure where to start? Drop us a line at nfoley@peerinsight.com.

Marketing 40

Marketing Creativity Learning Examples 40

Paul Hobcraft

MAY 9, 2022

” Innovation fits with a designer’s definition of design: the ability to move from the existing to the preferred. Until we have practices that go beyond brainstorming on the one hand or simply tweaking a new product development process on the other, we will never arrive at the promised land of strategic innovation.

Innovation 130

Innovation Conference Strategic Thinking Strategy 130

Jeffrey Phillips

JULY 21, 2021

What the companies that make the decision to maintain cost containment will miss is the opportunity to put new products and services into the product development funnel. What do companies that fail to invest in innovation miss? What work can be done to improve innovation and shorten time to market?

Underperforming Technical Team 176

Underperforming Technical Team Innovation Product Development Marketing 176

Jeffrey Phillips

FEBRUARY 20, 2018

A new product may lack key features or components, or like some successful products take years to build an audience. I'm actually more interested in the 90+% of ideas that never make it to product development. Why is there so much failure in the front end of innovation? As much as any can be, these are good failures.

Underperforming Technical Team 113

Underperforming Technical Team Technical Review Innovation Product Development 113

IdeaScale

APRIL 14, 2021

With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. Successful closed innovation requires protection, control, and ownership of intellectual property while still under development, through the use of special product development teams within a company.

Radical Innovation 264

Radical Innovation Open Innovation Innovation Social Innovation 264

Jeffrey Phillips

AUGUST 29, 2016

Large corporations cannot survive with wild hare ideas sprouting everywhere and little definitive structure or guidance. Which sounds something like your product development process, and that's a problem. As I've said, this is a very fine knife edge to walk.

Innovation Management 113

Innovation Management Management Product Development Innovation 113

IdeaScale

NOVEMBER 22, 2018

Because it’s a tool that values equality and that makes our jobs easier (at IdeaScale, we prioritize product development based on what people upvote in our community). We definitely love the people on our team. We offer our employees PTO to vote and we even volunteer at the polls on election day. After all… even animals vote.

Report 113

Report Product Development Tools Collaboration 113

Jeffrey Phillips

DECEMBER 1, 2015

This crowds the product development process and eliminates room for new concepts to enter. Third, as the product development and commercialization teams get burned by inadequate or poor concepts from the innovation activities, these teams downplay and "back burner" new concepts and focus on existing products.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Exercises 100

Jeffrey Phillips

MARCH 15, 2016

And you can have any innovation you like, incremental or disruptive, as long as it results in a tangible product. We've even got separate names for the different activities: "fuzzy front end" where ideas are generated, and "new product development, or NPD" for the activities where the ideas are converted into products.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Product Innovation 100

helloFUTURE

APRIL 15, 2021

The definition of a Minimum Viable Product varies greatly – but in the purest sense, it should be “the least you can do” For example, I co-founded a startup in 2009 with two ex-Yahoo colleagues. Many startup founders (or corporate innovators) have an issue with the concept of an MVP.

How To 98

How To Examples Innovation Product Development 98

Innovation Excellence

MARCH 19, 2017

PLM and CAD Standards More and more companies are transforming into model based enterprises (MBE) to help ensure the completeness, accuracy and accessibility of product data. There are five.

Product Development 40

Product Development Data Design Company 40

Jeffrey Phillips

FEBRUARY 4, 2020

This means a lot of interesting and reasonably important activities like problem and scope definition, exploration and discovery, trend spotting and customer insight work are hurried or in most cases avoided. Getting a product to market can take years or even decades.

LEAN 155

LEAN Agile Innovation Project 155

IdeaScale

FEBRUARY 24, 2021

This sets definite metrics to help you consider the value of ideas. Be transparent on how each goal is related to your innovation strategy or product development strategy, and which are steps towards others. ROI is a fiscal term, and it’s tempting to stick entirely to financial definitions.

Strategy 130

Strategy Strategy Trends Data 130

InnovationManagement

NOVEMBER 10, 2020

Agile is employed within Stage-Gate for new-product development by manufacturers with positive performance results; but must be adjusted from the software version of Agile – the result: the emergent Agile-Stage-Gate hybrid model.

Agile 101

Agile Software Product Development Software Developers 101

Innovation Excellence

FEBRUARY 7, 2017

Design transfer involves moving an approved design into production. For most product development initiatives, the process of design transfer is complex with many moving parts, involving partners that are geographically widespread.

Design 40

Design Guidelines How To Product Development 40

Jeffrey Phillips

MAY 4, 2020

Empathy The textbook definition of empathy is: "the ability to understand and share the feelings of another". These capabilities are needed in product development, service development, customer interactions and support and in marketing. And this is a skill that is difficult to fake.

Innovation 141

Innovation Product Development Marketing Meeting 141

Idea to Value

MARCH 25, 2019

Rapid production and MVP. A Minimum Viable Product (MVP) is more than the product itself, it represents the beginning of a whole process. The concept is more broadly related to product development and UX design. This is an alternative to questioning customers about a respective product.

Change 180

Change Underperforming Technical Team Technical Review Innovation 180

Jeffrey Phillips

OCTOBER 6, 2021

One definition of strategy holds that strategy is illustrated by what executives say "no" to. What can be expensive is new product development - that is, taking a new idea and running it through a product development process and then launching it in the market.

Innovation 167

Innovation Project Culture Disruption 167

Innov8rs

NOVEMBER 27, 2023

The definition of what’s next Autonomous Innovation is not about integrating AI into an existing system but about reimagining the entire innovation cycle. Autonomous Innovation leverages artificial intelligence to supercharge the innovation process, making it faster, more efficient, and at times even self-directed.

Artificial Inteligence 64

Artificial Inteligence Innovation Ideation Data 64

Jeffrey Phillips

SEPTEMBER 19, 2017

To do that I'm going to argue in this relatively short post that innovation has three important deliverables: problem definition, ideas and solutions. Too many innovators and innovation teams start out without a good problem definition or opportunity, and this lack of scope dooms their work.

Innovation 125

Innovation Technical Review Trends Exercises 125

Planview

OCTOBER 16, 2023

The Rise of Continuous Value Measurement: In the swiftly changing terrain of today’s business world, the definition of value is not stagnant but constantly evolving. Creating Value Hypotheses: Increasing the practice of creating value hypotheses before initiating new product development is gaining traction.

Report 64

Report Technical Review Management Software Review 64

Jeffrey Phillips

SEPTEMBER 11, 2017

One approach would be to focus on the "short term", what can innovation do for us to put better products on the shelves in less than 90 days. The general answer to that, given product development cycles, channel issues and customer awareness is: no much, except perhaps in the virtual world.

Creativity 161

Creativity Innovation Disruption Product Development 161

Leapfrogging

FEBRUARY 28, 2024

This process is widely adopted by managers, executives, and consultants to drive new product development, service innovation, and business model refinement. At the core of design thinking lies a commitment to putting users’ experiences and feedback at the forefront of product and service design.

Artificial Inteligence 113

Artificial Inteligence Design Thinking Design Analysis 113

Innovation 360 Group

AUGUST 1, 2018

Successful track record of 10+ years in innovation management, innovation processes, change management, trendwatching, ideation, digital transformation, collaboration platforms, cloud strategy and project management including start-up of new business areas with mission, vision, strategy definition and execution for the Schibsted group.

Ideation 40

Ideation Agile Analysis Innovation Processes 40

Jeffrey Phillips

SEPTEMBER 9, 2015

How will relatively stodgy companies compete when customer demands shift to expectations of interesting new products and experiences that are more like consumer goods expectations than automotive industry product development cycles?

Underperforming Technical Team 100

Underperforming Technical Team Trends Disruption Industry 100

Huub Rutten

JUNE 1, 2021

This is a story from the shop floor of product innovation and I believe it is a quite common story, that today is even more painful because of the trend to make products smarter and smarter, with a growing part of software components, embedded or connected. Product specifications get more and more complex.

Change 52

Change Software Roadmap System 52

Huub Rutten

JUNE 1, 2021

This is a story from the shop floor of product innovation and I believe it is a quite common story, that today is even more painful because of the trend to make products smarter and smarter, with a growing part of software components, embedded or connected. Product specifications get more and more complex.

Change 52

Change Software Roadmap System 52

Innov8rs

SEPTEMBER 19, 2023

In fact, they often may use the same label of “innovation” for completely different initiatives- without a clear definition of innovation and what it means for the organization, it’s fundamentally impossible to be successful. No wonder up to half of their innovation efforts fail.

Innovation Management 59

Innovation Management Management Innovation Software 59

Idea Champions

AUGUST 21, 2020

The best of these will guide AT&T's development for years to come." - Robert Rubin, Product Development, AT&T. Your session definitely helped us generate lots of great ideas to activate our positioning around the world." - Charlotte Oades, Director, Brand Marketing, The Coca Cola Company.

Brainstorming 52

Brainstorming Idea Generation Entrepreneurship Creativity 52

Innovation 360 Group

APRIL 3, 2017

Successful track record of 10+ years in innovation management, innovation processes, change management, trendwatching, ideation, digital transformation, collaboration platforms, cloud strategy and project management including start-up of new business areas with mission, vision, strategy definition and execution for the Schibsted group.

Ideation 40

Ideation Agile Analysis Innovation Processes 40

etventure

SEPTEMBER 6, 2016

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. So, what is a minimum viable product, and how do you go about creating one? Understanding MVP Development . The MVP Process.

Roadmap 72

Roadmap Product Development Agile Leadership 72

Planview

AUGUST 12, 2022

Instead of splitting product knowledge across numerous teams and piecemealing tasks together, a product-based team is responsible for every aspect of the product, from its overall design to the budget, market research, and product development. Read Next: Definitive Guide to Digital Transformation.

Project 59

Project Agile Groups Management 59

IM Insights

MARCH 17, 2022

15:00) CAC over LTV is fundamental to understanding product performance and analysing specific customer segments. 43:00) A perspective on Product/Market-Fit (PMF). More important than what PMF truly means, is the fact that teams and organisations have an internal definition. Elements of Product/Market-Fit are.

How To 52

How To Underperforming Technical Team Case Study Entrepreneurship 52

Moves the Needle

JUNE 6, 2023

In order to find the benefit of innovation, it’s necessary to challenge common definitions and adopt a broader perspective. Analyze your organization’s existing capabilities, processes, and products. Think M&A, product development, sales, marketing, new market development, IT, HR, and so on.

Trends 52

Trends Innovation Technology Disruption 52

Innov8rs

NOVEMBER 27, 2023

How do you move from idea generation to rigorous idea development the right way? Have each person independently review the definitions above and diagnose whether your innovation portfolio falls at a Level 1, Level 2, Level 3, or Level 4. (No A portfolio maturation framework can make it easier to reorient from ideas to outcomes.

Software Review 105

Software Review Innovation Programs Project Innovation 105

Legacy Innovation Group

APRIL 1, 2019

In 1991, Don Reinertsen and Preston Smith introduced the world to the "Fuzzy Front End" of product development. The following year, Peter Koen offered more structure and definition around this concept when he subsequently renamed it the Front End of Innovation, or FEI, a name that has since stuck.

Innovation 40

Innovation Product Development Ideation Marketing 40

Jeffrey Phillips

NOVEMBER 3, 2015

Talent - you'll want to consider who is part of the product concept, product development and product realization team, and consider it an end to end capability. There are a lot of product development and execution tools that can actually accelerate this, including ideas like Agile, Lean, MVP and so forth.

Innovation 100

Innovation Agile Disruption Product Development 100