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What is Product Development? Definition, Examples, Process and Strategies

IdeaScale

What is Product Development? Product development is defined as the process of creating new products or improving existing ones to meet the needs and wants of consumers. It involves various stages from conception to market launch, including ideation, research, design, prototyping, testing, and manufacturing.

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Driving Innovation: Proven Strategies for Fostering Team Collaboration

Leapfrogging

By recognizing the importance of collaboration and taking deliberate steps to cultivate it, organizations can ensure they remain competitive and innovative in an ever-evolving market landscape. Adopting these strategies can significantly improve the way teams interact and work together.

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3 Ways to Enable Smarter Product Development with AI

Planview

Even more so, when discussing AI and its purpose and value in product development, it can be easy to fall deep into a rabbit hole of all the possibilities and potential. In this post, we outline three more general applications of AI/ML in product development that deliver results in this quickly expanding field.

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Unleashing Innovation: Mastering AI-Driven Design Thinking Strategies

Leapfrogging

The integration of Artificial Intelligence (AI) in this process has opened up new avenues for innovation and efficiency, leading to the development of AI-driven design thinking strategies. These strategies leverage the computational power and data processing capabilities of AI to enhance each stage of design thinking.

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How to Develop a Recession-Proof Product-Led Strategy

Speaker: Wes Bush, Author of "Product-Led Growth"

As PMs, we all know the importance of building a successful product-led growth strategy. Zoom, Stripe, and Airtable are all examples of software companies with strong PLG strategies. What features do their strategies have that allow them to see continued success in this ever-changing market?

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Turn the Tables on Product Development Disruptions

Planview

Disruptions to effective product development are constant but don’t need to be detrimental to an organization’s ability to deliver innovation with speed and maintain a healthy ROI. Suppose organizations make adaptability a cornerstone of their product development strategy and overall culture.

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From Strategy to Success: Harnessing Corporate Venture Capital for Growth

Leapfrogging

CVC is often characterized by its dual focus on achieving both strategic returns, such as fostering innovation or entering new markets, and financial returns, similar to those sought by traditional venture capitalists. Market Expansion Entering new markets or segments through partnerships.

Strategy 100
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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. This framework explains how application enhancements can extend your product offerings. How much value could you add? Brought to you by Logi Analytics.