Using Product Development Metrics That Motivate at the Team Level

Innovation Excellence

The two most common product development metrics are R&D spending as a percent of sales and revenues from new products over time. There’s no linear relationship between R&D spending and new product success.

The 7 stages of NPD and how to effectively manage product innovation

Exago

The process of developing a new product - whether it is a tangible, physical good or intangible, like a service, experience or belief - requires a systematic method to launch and commercialise it.

Three Keys To Meeting The Challenge of Multi-Platform Product Development

Innovation Excellence

Each platform has its own development team, its own Program Manager and its own Project Manager. collaboration culture Customers Design Innovation Management Product Innovation R&D agile Cross Functional Alignment Cross Platforms Development Teams

Innovation and Introduction to TRIZ Theory for New Product Development Process

Innovation Excellence

Continue reading → Build Capability Innovation Innovation Perspectives Processes & Tools Product Innovation Uncategorized Business Models Innovation Management Innovation Mindset innovative thinking Leadership new product development NPD TRIZ

Leading and Managing Product Innovation Teams [interview]

Innovation Excellence

What I didn’t expect was the reflective advice it would provide on leadership and management, Innovation Interviews Leadership Management Product Innovation R&D Conflict Management Innovation Management Innovation Teams Interview ip New Product Development (NPD) Podcast

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development.

Innovation Roadmaps: What Are They Good For, Anyway?

Innovation Excellence

At the heart, product roadmaps show the major milestones of a project’s lifecycle. Maintaining Product Roadmaps is a useful discipline in just about any organization that has more than one product. But aside from capturing product timelines, what good are they? Innovation Management Product Innovation R&D Strategy Product Development Product Roadmap product strategy

Defining Portfolio Scope: Is it Necessary for Effective Portfolio Management?

Innovation Excellence

Many of our clients ask if they need to specifically define what projects, products or offerings should be included in their product portfolios and what should be left out. Leading portfolio management practices advocate the need for defining portfolio inclusion criteria.

Measuring Innovation, Part 3/3: The Growth Innovation Index (GII)

Innovation Excellence

This article is the third and final in a series of 3 articles discussing measuring product innovation.

Measuring Innovation, Part 2/3: The Criteria for a Good Innovation Index

Innovation Excellence

This article is the second in a series of three articles discussing measuring product innovation.

Taking an Audience-Centric Approach During the Tech Adoption Lifecycle

InnovationManagement

Most marketing professionals understand that insight into the hearts and minds of your customers is central to successful product innovation. Who is going to buy my product first?

Getting to the Root Cause of Project Headaches

Innovation Excellence

Scenario: a product development team at a medical device company had a testing phase that ran far longer than expected. collaboration Design Innovation Management Product Innovation R&D root cause analysis Root causes

Empowering Teams Through Metrics at Apple

Innovation Excellence

Apple is an iconic brand noted for disruptive innovation. In the heat of the digital revolution that it helped spark, Apple’s products became a portfolio of increasingly complex and diverse offerings. Apple Disruption Innovation Management Product Innovation R&D

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Initiates the innovation process.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Initiates the innovation process.

What Is Business Intelligence?

Collective Innovation

When used correctly this data can allow companies to reasonably predict the outcome and validate their decisions while still moving quickly and innovating. Business Intelligence turns your data into actionable information allowing you to make decisions that increase the likelihood of successful new products, sales programs and marketing efforts. If you’re creating a new product historical data can provide a good measure as to what costs and revenue can be expected.

Conjoint Analysis for Product Managers and Innovators

Innovation Excellence

To explore the topic and walk through an example of using Conjoint Analysis, I tracked down the market research tool master Brian Ottum, who has 30 years experience in new product development. What’s in your toolbox for conducting consumer and market research?

Kärcher’s Process for Developing a New Product that Captured the Market

Innovation Excellence

Where does this product story start? The core product line was 15 years old and in need of innovation. Chad McAllister interviews Bill Ott, Executive Vice President of the product development organization at Kärcher. Innovation Innovation Teaching Story Product Innovation Innovation Management innovation process Product Management product managers

Trends in Innovation in the Chemical Industry

Yet2

In mid-May, yet2 sponsored the NPD and Innovation in the Chemical Industry conference , organized by the European Networking Group. Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference.

Innovation through intrapreneurship

ideas4allinnovation

This article published in the Harvard Business Review argues that they certainly exist, provided they have an environment that favors and promotes innovation, with prior knowledge of existing needs in the market. Intrapreneurship programs: focusing on innovation.

L'affaire Lichtenthaler still not over

Open Innovation

The Wiley website says : The above article from Entrepreneurship Theory and Practice, “Technological turbulence and the impact of exploration and exploitation within and across organizations on product development performance,” by Ulrich Lichtenthaler, published online on April 2012 in Wiley Online Library, DOI: 10.1111/j.1540-6520.2012.00520.x, The article was co-authored with Miriam Muethel, who then (and today ) is at the WHU Otto Beisheim School of Management.

Two years later, Lichtenthaler count stands at 16

Open Innovation

Just after posting the 14th and 15th retractions of Ulrich Lichtenthaler — in Entrepreneurship Theory & Practice — I received emails from two faithful readers pointing to his 16th retraction, in the Journal of Engineering and Technology Management (JET-M).

3 Innovative Projects with Ideanote to Get '19 Started

Ideanote

What better way to start this new year than to put actions behind words on that innovative organization culture of yours? As an all-in-one innovation platform, Ideanote can be successfully used in a manner of different ways. Happy innovating! Presenting: innovation management.

Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Open Social Innovation.”

The Innovation Mosaic: Building Bridges Between the Many Perspectives on Innovation

Legacy Innovation Group

The Innovation Mosaic: Building Bridges Between the Many Perspectives on Innovation. I have been a student of innovation for more years now than I care to count. Business Management. We begin with Business Management. Thank you, Business Management.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.