A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. The post A Collaborative Product Development Stage Gate appeared first on IdeaScale.

Idea Magnets and New Product Development from a New Tree

BrainZooming

What new product development strategy might an Idea Magnet employ to pursue a fresh path to new ideas? Realizing that product’s limitations, he started from scratch to design something completely new, yet familiar and functional. Idea Magnets and New Product Development.

Finding the Ideation and Product Development Balance

IdeaScale

At some point, you have to stop ideating and start putting those ideas into production. But for many businesses, finding the line between ideation and product development can be tricky. The post Finding the Ideation and Product Development Balance appeared first on IdeaScale.

Product development: From hypothesis to experiment

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach. What do I want to learn?

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

Speaker: Tom Evans, Senior Principal Consultant and Trainer, 280 Group

Data analytics has transformed the way many product managers approach product enhancements, creating strong demand for product managers with skills and expertise in defining and analyzing product metrics to make more valuable product decisions.

Product development through hypotheses: formulating hypotheses

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach.

Product Development Process Lessons from BOSE’s Innovations

Innovation Excellence

I helped to bring into the world two blockbuster products – BOSE’s Noise-Cancelling Headphones and the BOSE® Wave® Music System. Here are seven product development process lessons learned from our experience creating products enjoyed by millions of customers.

Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

In today’s fast-moving business landscape, the ability to commercialize products quickly and efficiently is imperative. Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. Lean Innovation doesn’t begin and end with product development.

Why new product development fails and how innovation management can help

Exago

Product and brand failures occur on an ongoing basis, to varying degrees. They are part of the process of learning and growing. The post Why new product development fails and how innovation management can help appeared first on Exago. Blog Insights business transformation collective intelligence idea management software incremental-innovation innovation-priority innovation-tips new product development

Product development through hypotheses – start of the new blog series

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach. The focus is on hypothesis-driven product development – an approach that is oriented primarily towards the “Lean Startup” philosophy. What is the secret of successful product development?

How to Improve Customer Experience in an Era of Choice

alternative products and services at their fingertips. to enhance products or services – has. opportunities for products, services, and markets. likely a customer is to recommend a certain product or service to a friend or. provide better products and services.

Creative Quickies – A Vital New Product Development Question to Ask

BrainZooming

Learn all about how Mike Brown’s workshops on creating strategic impact can boost your success! There are soooooooooooooo many ways to generate creative ideas. One way is to come up with a name that inspires an idea.

BD Named 2015 Outstanding Corporate Innovator Winner by Product Development and Management Association

Innovation in Practice

The Product Development and Management Association (PDMA), the premier global advocate for product development and management professionals, announced today that it has awarded the 2015 Outstanding Corporate Innovator (OCI) Award to BD (Becton, Dickinson and Company) (NYSE: BDX).

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

There are always new initiatives at every corporation that test the opportunity to build new businesses in new markets and introduce new product innovations (Horizon 2) in an effort to extend existing business models. The corporation must learn to execute in these new areas to stay successful.

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

There are always new initiatives at every corporation that test the opportunity to build new businesses in new markets and introduce new product innovations (Horizon 2) in an effort to extend existing business models. The corporation must learn to execute in these new areas to stay successful.

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

There are always new initiatives at every corporation that test the opportunity to build new businesses in new markets and introduce new product innovations (Horizon 2) in an effort to extend existing business models. The corporation must learn to execute in these new areas to stay successful.

Accelerating Innovation with Rapid Learning Cycles

Innovation Excellence

Build Capability Conferences Innovation People & Skills Processes & Tools Product Innovation Profiles of Innovators R&D Cars Honda lean Lean Product Development Motorcycles Yamaha

Learn from the Best: Google’s Nine Principles of Innovation (Part 1 of 2)

Robert Brands

Exploring Google’s Successful New Product Development and Innovation Process. So how does Google promote a culture of innovation and ensure that innovative ideas are properly implemented, creating profitable new products that position the company for long-term success?

Want to Create Products Customers Love? Integrate User Experience

Innovation Excellence

Chad McAllister interviews Larry Marine about about the critical steps for applying UX to product development. Larry is a User Experience expert that has helped many companies improve their products as well as design new products.

The Value of Knowing When to Pivot

IdeaScale

If sales are slowing and your product is beginning to age, is it time to pivot? Customers buy a product and use it for an entirely different purpose, or ask for a feature the founders never intended for the product. What do your customers most often use your product for?

Key for Innovation Implementation and Business Success is Communication

Idea to Value

Sure, having a brilliant idea for a new product or service coupled with the top talent and resources may give you a rocket-propelled push at the starting line for the innovation process. Effective communication leads to collaboration among innovation teams , which leads to optimal performance outcomes for the new product development process and innovation To bring about the most successful collaborations, you must be able to marshal the forces of your i nnovation collective.

Hands-On or Hands-Off?

Mike Shipulski

Unless, of course, the team needs some learning. If they need just a bit of learning the leader lets them get a little muddy; and if the team needs deep learning, the leader lets them sink to their necks. What is the next learning objective?

The Additive Manufacturing Maturity Model

Mike Shipulski

Additive Manufacturing (AM) is technology/product space with ever-increasing performance and an ever-increasing collection of products. Learn to choose the right machine. Create/Learn – Create something new, show your team, show your customers.

Method Mondays: Never stop learning

Boxes and Arrows

Benjamin Franklin once said: “Tell me and I forget; teach me and I may remember; involve me and I learn.”. Once it is complete, analyze the results in a team and think of ways how to apply them to your service or product. It centers on the question “What should your product do?”

Calling All Engineers: Beyond Form, Fit and Function for Formulated Products

Innovation Excellence

Like most engineers, I learned about rules of interchangeability back in school. These rules help companies decide whether a product change should require a new item number or simply a revision of the same item number. But what about formulated products?

How Smart Product Managers Use a Business Case

Innovation Excellence

Properly used, a business case embodies the essential learning and planning derived from Lean, Design Thinking, and similar approaches to product development. Continue reading → Innovation Product Innovation Training business case Product Development Product Management

PBTO33: Creating Award Winning Products with Yogita Agarwal

Rmukesh Gupta

She runs a product design studio in Mumbai called Ware Innovations. . Why is she on the show: In her short career so far, she has already won multiple awards for multiple products. Some key aspects of product development.

If you don’t know the critical path, hire a good project manager.

Mike Shipulski

If the product won’t sell without the newness, that’s level 5 and you should behave accordingly. If the newness causes the product to cost a bit more than expected, but the project will still sell like nobody’s business, that’s level 2.

The Secret Genius of “Eating Your Own Dog Food.”

Econic

“If you don’t use your own products, then you’re just a ConMan.” Manoj Bhargava grinned with excitement as he downed a 16-ounce energy drink at a natural products trade show in Anaheim, CA. ” He used the product 5 times a week – a practice he still follows.

Using Games to Help Your Group Create Amazing Products

Innovation Excellence

Games can also be applied to innovation, which is the topic of the book “Innovation Games: Creating Breakthrough Products Through Collaborative Play.” I caught up with the author, Luke Hohmann, to learn more.

Applying AI and Machine Learning to Patent Data Analysis

Yet2

Artifical intelligence (AI) and machine learning techniques are changing the world of patent data analysis. These facts make patent data very suitable to be processed with machine learning techniques. It becomes the rational choice of the next step for patent analysis process and product development. At yet2 , we started to use machine learning and other statistical methods quite earlier.

Accelerate Growth Through Strategic Integration of Research During the Innovation Process

Innovation Excellence

They needed a new product, in a hurry. From concept to packaging, they needed it all: RTB, packaging design, product name, name and product fit with top benefits, and fully baked complete concepts to test against legacy products and competitive products.

The 7Ps of Successful Consumer Products

Innovation Excellence

Well-designed products make life easier by solving problems. Extraordinary products introduce new ways of doing things. To learn how to design great consumer products, I spoke with “Product Whisperer” Tracy Hazzard.

A Simple Definition for a ‘Business Model’

Peer Insight

Our CEO, Natalie Foley, breaks it down into simple terms and describes how a business model develops around a consumer need and evolves quickly through testing that de-risks concepts. After 2 months of testing with a scrappy lo-fi operational model, we paused to reflect on the learnings.

What if it works?

Mike Shipulski

Another method to increase the probability of success is to increase the learning rate. A shoe string budget fosters radical learning strategies and creates focus which are both good ideas when coffers are low.

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