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Cross-Functional Product Development Case Study Roundup

Planview

The dismantling of silos is especially crucial in companies that produce physical products involving cross-functional teams that need more efficient ways of sharing and visualizing their work across the organization.

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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. Barriers to effective product development have always existed; they are not new.

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3 Key Risks for IoMT Product Development

Planview

But as with any innovation, IoMT product development and innovation brings risks that need to be considered. In this article, we’ll discuss the growing and rapidly evolving IoMT market and how manufacturers can effectively manage three critical risks when prioritizing IoMT innovations.

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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. Consider an Adaptive New Product Development Strategy.

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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. A 3 step process to speed up your time to market.

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Unlocking “Pipeline Gridlock:” Effective Portfolio Management is the Key

InnovationManagement

Too many projects in the development pipeline is a common but serious complaint in new-product development departments. Pipeline gridlock leads to under-resourced development projects, which end up taking too long to get to market, and then often under-perform.

Project 76
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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. The focus is on hypothesis-driven product development. Formulating good hypotheses is essential for successful product development – as we have shown in the first part of our series.

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

Corporate Innovation

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future. In this manner, companies are now more symbiotic with new ventures and university research projects than ever before.

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

Corporate Innovation

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future. In this manner, companies are now more symbiotic with new ventures and university research projects than ever before.

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Rough Roads Ahead? Get Your Hands On The Wheel! Product Management Should Drive Innovation In Your Organization

helloFUTURE

Product managers are frequently the ones that are tasked with driving innovation within their organizations. Product Management Should Drive Innovation In Your Organization appeared first on IDEATE + EXECUTE.

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Air, Water, Food

CorporateIntel

I generally try to classify projects into three levels of priority before I consider adding resources to anything on deck: Air, Water, and Food. Whether you are setting high-level goals or project priorities, try ranking your options into these categories.

Course 119
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8 best project management tools

mjvinnovation

With the rapid transition to work from home, the recent adoption of project management tools has skyrocketed. These are just a few points that some project management tools need to consider to gain managers’ attention and win the teams’ adoption. Microsoft Project.

Tools 52
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The Myth of the First-Mover Advantage: Why to be Smarter, Not Faster

New Markets Advisors

They want to fail quickly, pivot, and be first to market with their new idea. Since pioneering the app-based ride hailing market, Uber has been bombarded with other companies trying to offer similar services or address niche markets that are under-served by Uber. has struggled to gain even one-third of the market. Despite taking a wait-and-see approach, the iPod captured roughly 70% market share. Companies today worry too much about being fast.

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What Is Business Intelligence?

Collective Innovation

This can include information about the company internally, customer information, market information, sales velocity, competitive information and numerous other metrics. 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. This should include operational data, marketing information and sales revenue.

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Moving from Project to Product: A Five-Stage Journey

Planview

And so is the mindset around productivity and team structure. In the traditional project-centered model, companies are organized around tasks, with each group focused on one element of a project. A 2018 Gartner survey found that 85% of companies prefer a product-centric model.

Project 59
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Leveraging Suppliers for Innovation

Innovation Excellence

Recently, I was flown to the West Coast with a client to co-present the findings of a few innovation projects. We had an esteemed audience SVPs of marketing, procurement, sales, and a few VPs, too. Innovation market-besed procurement Product DevelopmentOne of the greatest thrills of a career is when you see a nice client thrive and prosper. At the.

Project 57
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The 10 Reasons People Buy New Products

New Markets Advisors

a theory that describes how consumers buy products to solve various jobs they’re trying to get done in their lives. I advocate for developing a rich understanding of consumers that allows companies to build successful products and market them in the right way. Yet entrepreneurs, marketers, product managers, and other innovators often get lost in the complexity of their businesses and their new ideas. Why do people buy new products?

Survey 49
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Stop Slowing Down Your Innovation Projects

Peer Insight

Disruption of markets worldwide has proven that speed is an important attribute of strong innovators. Companies that are built for speed can react quickly to changing preferences and competitors’ moves in the market, manifesting in greater potential to boost top and bottom lines. .

Project 52
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How a (crowdsourced) idea becomes a product

Betterific

Sterilite launches crowdsourced product. Sterilite , the industry leading manufacturer of plastic storage containers, launched their first ever crowdsourced product idea to the marketplace. . Their “fresh scent” line of products includes a ventilating compartment to keep clothes smelling fresh during storage. It’s more of a marketing play. . New products come out a couple times a year and retailers are constantly looking to Sterilite for their next big thing.

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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? For example, at Google it was their Google Health product manager who suggested that the company optimize information on suicide prevention hotlines whenever a related search was conducted.

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Decision Making Attitudes

Huub Rutten

“Huub, really, if I would be held accountable for the success of our innovation projects, I would kill 70%”. In his company Adam is an important gatekeeper and he evaluates new product and technology investments as member of a high level management team.

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Decision Making Attitudes

Huub Rutten

“Huub, really, if I would be held accountable for the success of our innovation projects, I would kill 70%”. In his company Adam is an important gatekeeper and he evaluates new product and technology investments as member of a high level management team.

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Decision Making Attitudes

Huub Rutten

“Huub, really, if I would be held accountable for the success of our innovation projects, I would kill 70%”. In his company Adam is an important gatekeeper and he evaluates new product and technology investments as member of a high level management team.

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The Word EPIC

Huub Rutten

In my daily practices of developing innovation management methods and software I cannot avoid the term anymore: nearly every development methodology or project management methodology uses EPICS as a kind of starting point for a development project.

Agile 52
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The Word EPIC

Huub Rutten

In my daily practices of developing innovation management methods and software I cannot avoid the term anymore: nearly every development methodology or project management methodology uses EPICS as a kind of starting point for a development project.

Agile 52
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The Word EPIC

Huub Rutten

In my daily practices of developing innovation management methods and software I cannot avoid the term anymore: nearly every development methodology or project management methodology uses EPICS as a kind of starting point for a development project.

Agile 52
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Digital Transformation - an interview

Huub Rutten

Huub, you are right we digitize our products and processes since we use chips and sensors. I don’t know really, perhaps because the connected part of the products and machines are more and more important. But it changes the business, the marketing and the support services.

Agile 52
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Digital Transformation - an interview

Huub Rutten

Huub, you are right we digitize our products and processes since we use chips and sensors. I don’t know really, perhaps because the connected part of the products and machines are more and more important. But it changes the business, the marketing and the support services.

Agile 52
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Digital Transformation - an interview

Huub Rutten

Huub, you are right we digitize our products and processes since we use chips and sensors. I don’t know really, perhaps because the connected part of the products and machines are more and more important. But it changes the business, the marketing and the support services.

Agile 52
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Digitization Chief Engineer Michael

Huub Rutten

Dear reader, let me share with you a conversation I had with the Chief Engineer Digitization & Software Development of a large company that produces complex electronic devices with many software elements in and around them. Front end of Innovation Innovation Governance Product Developmen

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Digitization Chief Engineer Michael

Huub Rutten

Dear reader, let me share with you a conversation I had with the Chief Engineer Digitization & Software Development of a large company that produces complex electronic devices with many software elements in and around them. Front end of Innovation Innovation Governance Product Developmen

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Digitization Chief Engineer Michael

Huub Rutten

Dear reader, let me share with you a conversation I had with the Chief Engineer Digitization & Software Development of a large company that produces complex electronic devices with many software elements in and around them. Front end of Innovation Innovation Governance Product Developmen

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Missing Your NPD Targets?

Innovation Excellence

Capacity planning is standard for manufacturing, but many companies don’t diligently capacity plan their new product development (NPD) pipeline, and some expect managers to just “figure it out”. Later, they wonder why their projects are consistently late or miss target market windows. Continue reading → Product Innovation Barbara Schick Lee Peterman new product development New Product Development Execution NPD NPDE Resource Allocation Resource Management

Project 40
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System Engineering in an Agile environment

Huub Rutten

Andrew is a senior Director System Engineering in a big manufacturing company: “You should understand Huub, Agile gives a lot of freedom to the development teams. System Engineering has an important role in any company that creates physical products, with or without Digitization.

System 52
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System Engineering in an Agile environment

Huub Rutten

Andrew is a senior Director System Engineering in a big manufacturing company: “You should understand Huub, Agile gives a lot of freedom to the development teams. System Engineering has an important role in any company that creates physical products, with or without Digitization.

System 52
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System Engineering in an Agile environment

Huub Rutten

Andrew is a senior Director System Engineering in a big manufacturing company: “You should understand Huub, Agile gives a lot of freedom to the development teams. System Engineering has an important role in any company that creates physical products, with or without Digitization.

System 52
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Product Management in the eye of the hurricane

Huub Rutten

Dear reader, some years ago I interviewed a product manager of a big company to find out how the role of product manager was defined and how it worked in the day to day practice. The company develops and produces complex instruments and equipment and is a world leader in its segment.

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Product Management in the eye of the hurricane

Huub Rutten

Dear reader, some years ago I interviewed a product manager of a big company to find out how the role of product manager was defined and how it worked in the day to day practice. The company develops and produces complex instruments and equipment and is a world leader in its segment.

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Product Management in the eye of the hurricane

Huub Rutten

Dear reader, some years ago I interviewed a product manager of a big company to find out how the role of product manager was defined and how it worked in the day to day practice. The company develops and produces complex instruments and equipment and is a world leader in its segment.

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Five Ways to Fight the Inertia Holding Back Innovation

New Markets Advisors

They assume that the customers who are buying their products today will continue to buy from them as long as they do a reasonable job keeping up with the competition. As companies get complacent and settle for incremental innovations, they risk losing large swathes of their customers as markets shift and new entrants offer real value. They think that if they can get enough awareness about their products, they’ll be able to unseat the industry giants.

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Why Innovation Isn’t Everyone’s Job

New Markets Advisors

Executives are constantly lamenting that new ideas only come out of “the labs” or “Product” when, in fact, the company is made up of thousands of people with great ideas. That’s not to say that there’s no room for innovation in departments that aren’t traditionally responsible for putting out new products. strategy shifts, Costovation initiatives) are classic opportunities for non-Product departments to get involved in innovation. It over-emphasizes product innovation.

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Non-Profit Innovation: NCARB Brings New Product to Market

Moves the Needle

The National Council of Architectural Registration Boards ( NCARB ), a national non-profit organization, develops standards for licensure and credentialing of architects. The organization reached out to Moves the Needle to expose more of its staff and leadership to an efficient way to develop new ideas using Lean Innovation techniques , and also to identify whether the organization would support this new way of working. Is your Non-Profit looking to develop a new product?

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Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

These businesses are close to the action and markets, allowing them to easily adopt a need-seeker approach, a strategy highly correlated with radical innovation, the kind that shakes up markets and innovates from the inside out—from operations and processes though to business models and products. The EU funded-development project was launched in 2016 with 8.2 Business development bootcamps and workshops. Significantly shortened product development cycles.