Tips for Evaluating Your Company’s Product Development Performance

IdeaScale

Are you a leader in product development? Want to get your products on the market before those of your competitors? Product management requires effective delivery. Product development allows … Continued.

Inform Your Product Development with Innovation Roadmaps

IdeaScale

Product roadmaps are powerful tools to get the team organized and to get a new product launched. However, they can also be used for the conceptualization of the product itself. A roadmap allows you to focus the momentum from early stages and drive it through to an actual product.

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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.

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. So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio. 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

Experimentation isn't something you do once you have designs or once you’ve built the product; it's important to validate early and often to better understand your customer, their needs, and the market opportunity. Join Tanya Koshy, VP of Product at UserTesting, as she explores how, by using customer feedback at every stage of the product development process, you can better and more quickly iterate on your product ideas. Ultimately, this rapid experimentation during development will enable you to deliver customer value faster.

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.

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. Innovation Management Processes & Tools Product Innovation R&D Product development MetricsThese metrics, although necessary to track, do not predict a result.

Accelerate your new product development!

One2Team

According to a study conducted by Stage-Gate International, 82% of innovation ideas remain stuck in the development stage and 50% of new products launched on the market fail to reach their goals. stage gate process new product portfolio R&D digitization

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. This is Turner’s personal perspective on his new product development strategy. Climbing Down and Finding a New, New Product Development Tree. Idea Magnets and New Product Development.

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. Fans can assemble Lego kits into new forms, design a pitch for the product, and take it to their fellow fans for consideration. Need a better product? Crowdsourcing is the smart way to be in close touch with your customers while developing new and brilliant ideas.

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. New product development can provide companies with fresh opportunities and has become increasingly crucial in the modern-day business battleground. The post Why your organisation should be applying innovation management to new product development appeared first on Exago.

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. But there is one essential element that is often left out of the conversation, and that is strategy. How does my product decisions support the overall strategy of the business, and am I tracking the right metrics based upon that strategy?

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. Blog Business Anthropology ideation Innovation Management Innovation process new product development Radical Innovation stage gateThis applies to both B2B and B2C businesses and across industries.

B2C 40

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.

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.

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. Using the Horizon Model enables businesses to make appropriate investments in the development of new ideas and cascade them from conceptual to practical products systematically while mitigating risks. Tips from top new product developers.

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. The focus is on hypothesis-driven product development. Product teams can also be inspired by observations, personal opinions, previous experiences or the discovery of patterns and outliers in data.

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. The focus is on hypothesis-driven product development. Product teams can also be inspired by observations, personal opinions, previous experiences or the discovery of patterns and outliers in data.

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.

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 TRIZThe TRIZ approach and best practices such as the Stage-Gate Process can greatly benefit each other. These approaches are not rivals, but rather can be used to amplify each other’s successes.

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 TeamsScenario: A technology company is creating a consumer electronics solution that involves hardware, software and web components. Three separate teams, located in different parts of the company’s facility, create three platforms.

Open Innovation for Rapid Product Development

IdeaConnection

An innovative tool for filing cryptocurrency tax returns

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 PROCESSIn the innovation and business growth book, Robert’s Rules of Innovation: A 10-Step Program for. Visit our Innovation-Innovation coach website today! link].

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.

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

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. A name for a new Friday feature popped into my head at a conference. Unfortunately, the name is already “a thing,” although not that big of a thing.

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 PROCESSIn the innovation and business growth book, Robert’s Rules of Innovation: A 10-Step Program for. Visit our Innovation-Innovation coach website today! link].

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). The OCI Award is the only innovation award which recognizes sustained (five or more years) and quantifiable business results from new products and services.

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.

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.

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. Innovation Processes & Tools Product Innovation R&D Lean Product Development New Product Development (NPD) Product Development

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.

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

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

Podcast S3E64: Jonathan Courtney – What it takes to build a successful digital product

Idea to Value

We speak about what it takes to run successful workshops, his experiences with companies who are failing at innovation, and how to successfully develop digital products. 00:03:30 – The tension behind building products for months and misalignment causing them to go nowhere. 00:12:00 – How digital product innovation has changed over the past 10 years. 00:20:45 – What it takes for a digital product to succeed.

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

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.

Why Digitalization Doesn’t Change the Way Companies Innovate

InnovationManagement

Enabling Factors Trend Alert AI digitalization innovation Product Development trendsWill digitalization fundamentally change the way companies innovate? Our answer is no.

The Key Steps Innovation Professionals Should Take in a COVID-19 Environment

InnovationManagement

Obviously COVID-19 is having an enormous impact on all aspects of our lives, with the scope and scale of business disruption being immense and incredibly challenging.

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. Managing innovation is crucial so that valuable ideas are not only generated and recognised, but actually come to life to help overcome business challenges and enhance business performance. The post Why innovation needs management appeared first on Exago.

5 Tips to Create a Strong Product Vision

InnovationManagement

Every startup and growth-oriented business needs to focus on innovation in order to come up with compelling brand stories and messages, engaging products and services, and amazing marketing tactics that will put the company on the map and allow it to become an authority in its niche.

Tips 101

What Innovation Funnel Should I Use?

InnovationManagement

Collaborative Innovation Open Innovation Crowdsourcing customer engagement customer experience Employee Engagement innovation funnel process improvement Product Development workplace experience