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.

How Can You Align Product Development with Business Strategy?

IdeaScale

When developing new products, organization leaders must ensure their efforts align with the overall business strategy. This is essential for success because it relates the new product to the company mission. The post How Can You Align Product Development with Business Strategy?

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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.

How to create a product development strategy

Cascade Strategy

If only you listened to your team when they talked about your product development strategy Imagine it's your first day at your new job in Gotham City. You rush to the nearest station, but you miss the last train. You spot a taxi on the road below and decide to fly down.

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.

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.

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. An idea sometimes needs more time to fully bake, and that may not be clear until you’ve tried it, or you might only start product development and get beaten to the punch. The post Finding the Ideation and Product Development Balance appeared first on IdeaScale.

Advancing Radical Innovation is Critical to the New Product Development Process

Sopheon

Understanding new product idea challenges early—and overcoming them—is critical to moving radical innovation forward. The post Advancing Radical Innovation is Critical to the New Product Development Process appeared first on Sopheon.

Addressing the Unknown Variables of Transformative New Product Development

Sopheon

Transformative product ideas represent a great deal of risk, but they can also yield tremendous rewards. Success is found in innovative new product development strategies.

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.

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?

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.

Prioritizing Sustainability in New Product Development Strategies

Sopheon

Sustainability shouldn’t be seen as an impediment to innovation—it should be a top-line consideration with every new product. The post Prioritizing Sustainability in New Product Development Strategies appeared first on Sopheon.

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

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.

6 New Product Development Process Strategies for When Budgets Are Constrained

Sopheon

Innovation planning and new product development processes can’t stop even when budgets are constrained. The post 6 New Product Development Process Strategies for When Budgets Are Constrained appeared first on Sopheon.

Product Refactoring is a Critical New Product Development Strategy

Sopheon

Kill a product or send an inferior product to market? Consider a third option: product refactoring. The post Product Refactoring is a Critical New Product Development Strategy appeared first on Sopheon.

3 Strategies to Optimize Innovative Product Development

Entrepreneur - Innovation

Innovation is crucial for any company to survive and grow in the near and long term. By tweaking a few parts of their overall strategy, companies can optimize innovation and position themselves for market disruption. Innovation

Successful New Product Development Will Require Innovative Approaches in 2022

Sopheon

How companies address supply chain delays, the labor market and collaboration will define new product development success in 2022. The post Successful New Product Development Will Require Innovative Approaches in 2022 appeared first on Sopheon.

Pricing Innovation and New Product Development with Kyle Westra

Viima

In this episode of our The Innovation Room podcast , we’ll be focusing on a very important and interesting, but often challenging and misunderstood topic: the pricing of innovation and new product development.

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.

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. The post How to Speed Up Your New Product Development Process by 30% appeared first on Innovation360.

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 gate

Using a Zero-based Approach to Make Critical New Product Development Decisions

Sopheon

In a recent webinar with Welch's, Sopheon’s CPG Director of Business Development shared his thoughts on how a zero-based approach to Stage-Gate® can inform NPD decisions. The post Using a Zero-based Approach to Make Critical New Product Development Decisions appeared first on Sopheon.

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. With support from a value-driven and agile startup partner, corporates can effortlessly test and optimize products in a controlled environment. Through these types of powerful innovation strategies, corporates can build products that better align with customer preferences, wants, and needs.

Meet CPG Profit Objectives with These Three New Product Development Priorities

Sopheon

The post Meet CPG Profit Objectives with These Three New Product Development Priorities appeared first on Sopheon. 40% of NPD projects fail to meet profit expectations.

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. Tips from top new product developers.

Sopheon CEO Tackles Smart Product Development Challenges on World Product Day 2021

Sopheon

Sopheon CEO Greg Coticchia speaks to product managers facing the obstacles of software and hardware innovation. The post Sopheon CEO Tackles Smart Product Development Challenges on World Product Day 2021 appeared first on Sopheon.

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.

Top 5 Strategies for Successful Product Development in 2021

The Human Factor

You’ve come up with a brilliant idea for a product and are ready to take the first steps to make it a reality. Here are 5 steps you should follow for successful product development. . The first step to successful product development is, of course, innovation.

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.

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.

The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Innovation is essential throughout the entire new product development (NPD) process, but nowhere is it more key than it is in the Fuzzy Front End (FFE) stage. FFE is the starting point of NPD and is where new product ideas are generated before entering the formal development process.

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].

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].

Open Innovation for Rapid Product Development

IdeaConnection

An innovative tool for filing cryptocurrency tax returns

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 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. I had the good fortune to work with Dr. Amar Bose and with the great company he founded.

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?

Win at New Product Development: Become Agile and Adaptive in Exclusive Seminar with Dr. Bob Cooper, Father of Stage-Gate

Sopheon

The post Win at New Product Development: Become Agile and Adaptive in Exclusive Seminar with Dr. Bob Cooper, Father of Stage-Gate appeared first on Sopheon. Interested in learning how to be agile and adaptive as you implement Stage-Gate into your organization?

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.