Lean Product Development Processes For Innovation And Speed

Innovation Excellence

Through our hands-on work with clients, we have developed a lean product development process. However, we have incorporated selected practices from the agile toolkit to enhance innovation and speed products to market.

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.

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Why your organisation should be applying innovation management to new product development

Exago

To remain competitive, or even relevant, organisations must have the ability to innovate and to test, fail and succeed quicker in developing a new offering and new features. The pressure on businesses today is intense.

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.

Rapid Experimentation at Every Stage of Product Development

Speaker: Tanya Koshy, VP of Product, UserTesting

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.

How Tech Startups Fit Into a Corporate Product Development Strategy

Rocketspace

For many industry-leading enterprises, a partnership with a high-growth tech startup has helped to unlock valuable product development opportunities.

Successful Product Development Campaigns Highlight the Power of Crowdsourcing

IdeaScale

Smart crowdsourcing yields successful product development. Product design teams can often feel they lack the most important voice in the process: The consumer. Need a better product? To get started, download our Crowdsourcing to Innovate Products white paper.

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.

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 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.

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

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

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.

Open Innovation for Rapid Product Development

IdeaConnection

An innovative tool for filing cryptocurrency tax returns

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

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?

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

Why new product development fails and how innovation management can help

Exago

Product and brand failures occur on an ongoing basis, to varying degrees. 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 developmentThey are part of the process of learning and growing.

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.

An Introduction to TRIZ Theory for the New Product Development Process

Robert Brands

What is the TRIZ theory and how can it improve your company’s new product development process? Innovation New Product Development business growth innovation in business NEW PRODUCT DEVELOPMENT PROCESS

Creative Quickies – A Vital New Product Development Question to Ask

BrainZooming

There are soooooooooooooo many ways to generate creative ideas. One way is to come up with a name that inspires an idea. When you check the name, it doesn’t work (or someone has already used it), but the idea has some possibilities, so you run with it. That’s what has happened here.

An Introduction to TRIZ Theory for the New Product Development Process

Robert Brands

What is the TRIZ theory and how can it improve your company’s new product development process? Innovation New Product Development business growth innovation in business NEW PRODUCT DEVELOPMENT PROCESS

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.

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.

How To Create a Strategic Planning Process for Innovation

Innovation Excellence

Every innovative product begins as a concept in the mind of someone or some group of people. How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product.

Product Development & Management Association (PDMA) Annual Conference

Venture2

The post Product Development & Management Association (PDMA) Annual Conference appeared first on Venture2 Inc. October 16-19, 2016 (Atlanta, GA) – As part of PDMA’s 2016 Annual Conference, Michael Docherty will provide a keynote address on corporations and startups co-creating the future and how we need each other now more than ever. SPEAKING & EVENTS

Inside Moen’s Prototype-Driven Product Development Strategy

Innovation Leader

Moen’s SVP of Global Strategic Development describes the customer-focused innovation process behind a new line of motion-sensitive faucets

Product development: How to get the most out of internal feedback

Ideanote

There are many reasons that suggest that an idea management platform is a right solution for companies to innovate. When -- Delivered by Feed43 service

Why innovation needs management

Exago

Blog idea management innovation management innovation-tips product developmentIdeas aren't rare, but they are often lost for various reasons.

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.

Alex Blanter, Partner: Innovation and Product Development, Digital and IoT A.T. Kearney at A.T. Kearney

BPI Game Changer Interviews

This technological and business model transformation we are living through actually requires companies to innovate differently. The set of innovation practices companies could rely on to stay in the game – even recently – are no longer sufficient. In the past, and even the most recent past, the main philosophy was that innovation is a science – that you can go through a number

ZipBuds: a short story in product development

Bennett Cherry

When students ask what it takes to get a product developed from concept to consumer, I now have another great example to share with them: ZipBuds, from Digital Group Audio (DGA).A A little background would help, wouldn't it? Here's how it goes.Erik Groset, President and Co-Founder of DGA, has been a featured Guest Entrepreneur in my classes over the past 2 years and has done a masterful job of.

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.

Quality, Speed, and Cost: How to achieve all three in Innovation

Innovation Excellence

A long-standing belief across chemical and industrial product companies is that it’s not possible to rapidly produce low-cost, high-quality products. Innovation Product Innovation Strategy Industrial Products manufacturing new product development NPD Product Development quality

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.

Ten Questions to Answer Before Using Social Tools for Product Innovation

Innovation Excellence

The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known. Social media is incredibly effective for conveying marketing messages and for receiving rapid customer feedback.

Digital Factory of the Incumbent: Software of the Mind

InnovationManagement

Technological changes are one of the leading advocators to shape customer value. They are characterized by a process of social technological variations, rooted in different disciplines e.g., economics, sociology, and psychology.

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.

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.

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

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?

What Types of Innovation Projects Should Be Included In Your Portfolio?

Innovation Excellence

Question: We’re a very large, well-known consumer products company, and our portfolio is actually quite complex, as we have many different types of initiatives included, all at vastly different stages.