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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

The trends outlined in this blog offer a glimpse into the future of product development and some exciting opportunities for product-driven companies to achieve real ROI regarding cost savings, efficiency, productivity, digital transformation benefits, and employee satisfaction.

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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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Have organizations become more collaborative over 25 years? What has enabled that?

Paul Hobcraft

(First post here ) So this post, in a series of three, looks at the answers given by Google’s Gemini on how collaboration and ideation evolved the organization’s ability to adapt and what helped. This iterative approach is driving innovation by ensuring that solutions are aligned with user needs and market realities.

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25 years of Innovation- how has it evolved? Has it been successful?

Paul Hobcraft

The second post , coming next, focuses on how organizations have become more collaborative, open and agile and deal with ideation and what tools and technologies seem to have emerged as the leading ones. Data-driven innovation enables organizations to make informed decisions, identify new opportunities, and optimize product development.

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

Leapfrogging

At each gate, key criteria are assessed by a cross-functional team, which may include factors like market viability, technical feasibility, and financial projections. Integrating AI into the phases and gates processes is essential for organizations striving to maintain a competitive edge in today’s fast-paced market.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services. Market Analysis Predictive analytics forecast market acceptance and potential success.

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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. Thinking about how to invest in the different horizons is like investing in the stock market.