helloFUTURE

JULY 17, 2023

Every click, every swipe, and every interaction generates valuable information that, when harnessed correctly, can offer deep insights and drive innovation. In product development, data and analytics can be a game-changer. In today’s increasingly digital world, data is the new gold. …

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Product Development Data Innovation Company 52

Planview

JULY 15, 2022

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. In his paper on Accelerating innovation, Dr. Cooper makes the case that “firms can respond quickly and pivot with innovations.”

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Product Development Agile LEAN Survey 52

helloFUTURE

AUGUST 15, 2023

The product development journey is an intricate dance between groundbreaking innovation and continual iteration. In a rapidly evolving marketplace, product managers, innovators, and entrepreneurs often find themselves at crossroads, contemplating whether to bring forth something entirely new or refine what they already possess.

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Innovation Excellence

JANUARY 12, 2020

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. The beauty of this process.

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Product Development LEAN Agile Innovation 62

Paul Hobcraft

OCTOBER 11, 2018

We really do need an innovation management platform and does the way that Aras has set about this, give us a working concept design? Aras PLM Product Innovation Platform. Now think of the whole innovation management need. Function four supports all phases of the product lifecycle.

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Product Innovation Underperforming Technical Team Software Review System 221

Innovation Excellence

FEBRUARY 28, 2019

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. These metrics, although necessary to track, do not predict a result.

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Product Development Examples Company Product Innovation 65

helloFUTURE

JULY 31, 2023

In today’s innovative environment, UX has emerged as a pivotal component of product development, driving success in various ways.… However, a good design isn’t just about aesthetics or functionality; it’s about creating a positive user experience (UX).

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Product Innovation Product Development Design Innovation 52

The Human Factor

APRIL 8, 2021

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. . Continuously innovate. The first step to successful product development is, of course, innovation.

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Exago

MAY 15, 2019

The post The 7 stages of NPD and how to effectively manage product innovation appeared first on Exago. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.

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Product Innovation Management How To Idea Management 127

helloFUTURE

APRIL 17, 2022

In short, the theory suggests that all conflict is based on envy – you can think about it as an expanded “keeping up with the Jones” – all of our drives and… The post How To Leverage Mimetic Theory For Product Innovation appeared first on IDEATE + EXECUTE.

Product Innovation 52

Product Innovation How To Ideation Innovation 52

Innovation Excellence

FEBRUARY 18, 2019

Each platform has its own development team, its own Program Manager and its own Project Manager. Scenario: 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.

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Product Development Meeting Software Project 57

IdeaScale

NOVEMBER 5, 2019

Crowdsourcing is a favored method of gathering data for product innovation. Companies use crowdsourcing for product innovation and focus groups for market research to gather the most relevant and useful data. Both can be invaluable in various decision-making stages of product development. Both are valuable.

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Crowdsourcing Groups Data Product Innovation 164

Sopheon

DECEMBER 6, 2022

The food and beverage industry is one of the most interesting and competitive industries when it comes to innovation and new product development. I recently joined Stefan Gates on the Food Matters Live podcast to discuss the latest in food and beverage innovation and new product development.

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How To Product Development Competition Innovation 52

Sopheon

NOVEMBER 23, 2022

Last week, Sopheon took part in the Inspire Innovation Conference in Orlando, hosted by PDMA — Product Development & Management Association — a global association of innovation management professionals.

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IdeaScale

APRIL 14, 2021

Before being “open” as in open innovation, research is conducted internally within a company to privately create and manage inventions and new advancements before sharing them with the world. Social Innovation. Product Innovation.

Radical Innovation 264

Radical Innovation Open Innovation Innovation Social Innovation 264

IdeaScale

FEBRUARY 19, 2020

Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started. Crowdsourcing is a great way to assemble data for product innovation.

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Crowdsourcing Brainstorming Conference Product Development 173

IdeaScale

JUNE 22, 2017

There are a few Dick’s employees with the word “Innovation” in their title and even more employees that participated in this product innovation campaign. The concepts that started in the ideation program are now being reviewed by the product development team for potential implementation.

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Crowdsourcing Company Case Study Development Team Review 190

Planview

JANUARY 22, 2024

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Trend #1: Greater Financial Scrutiny on New Product Development Balanced Against Innovation Opportunity While the U.S.

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Product Development Innovation Management Management Trends 69

InnovationManagement

JANUARY 5, 2017

In this article, Product Innovation Manager Alex Igor Sanghikian discusses the Adjacent Possibilities framework for product management. By exclusively focusing on your persona’s one main need and trying hard to fulfill that need with your product, you can build the next feature with a more focused vision.

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Product Innovation Design Thinking Design Innovation Management 42

Innovation Excellence

FEBRUARY 5, 2019

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.

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Tools Product Innovation Marketing Innovation 77

Innovation Excellence

APRIL 7, 2016

The 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. Continue reading →

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Product Development Innovation Product Innovation Tools 40

helloFUTURE

SEPTEMBER 24, 2023

In product development and innovation, collaboration is not just a buzzword—it’s an imperative. Breaking down these silos and fostering inter-departmental cooperation can significantly enhance product development processes and outcomes.

Strategy 59

Strategy Strategy Product Development Collaboration 59

Innovation Excellence

OCTOBER 2, 2016

I enjoyed watching Pixar’s “A Bug’s Life” when it was released in 1998 and have more recently re-watched it with my kids. I was amazed at the character animation and quickly pulled into the story line when I first saw it. What I didn’t expect was the reflective advice it would provide on leadership and management,

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IdeaScale

JUNE 22, 2017

There are a few Dick’s employees with the word “Innovation” in their title and even more employees that participated in this product innovation campaign. The concepts that started in the ideation program are now being reviewed by the product development team for potential implementation.

Crowdsourcing 100

Crowdsourcing Company Case Study Development Team Review 100

Jeffrey Phillips

MARCH 15, 2016

We've even got separate names for the different activities: "fuzzy front end" where ideas are generated, and "new product development, or NPD" for the activities where the ideas are converted into products. But eventually companies and individuals mature, and their innovation production should broaden and meet expanded needs.

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helloFUTURE

SEPTEMBER 18, 2023

In today’s fast-paced world of technology and product development, the pressure to produce a successful product the first time around can be immense. But what if we shifted our perspective to view failure not as a setback but as an essential stepping stone toward innovation?

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Product Development Culture Innovation Technology 52

Idea to Value

JUNE 11, 2020

00:12:00 – How digital product innovation has changed over the past 10 years. 00:16:30 – Innovation labs were a place where nothing got done. 00:20:45 – What it takes for a digital product to succeed. Design sprints are a step by step system for bringing a group of people together to solve big problems.

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Design Groups Product Innovation Engagement 194

Innovation Excellence

JANUARY 28, 2019

Susana Jurado is Head of Innovation Portfolio-Product Innovation at Telefónica since 2015.

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LEAN Product Development Innovation Groups 72

Jeffrey Phillips

AUGUST 2, 2019

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation. As we've discussed, here and elsewhere, ad nauseam, there is increasing demand for new products and services, making stretching the capacity of tenuous innovation processes and teams.

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Data Innovation Product Development Examples 142

Leapfrogging

APRIL 17, 2024

Product development, process improvement. For more on fostering a culture of innovation, delve into keynote speakers for inspiring team innovation. Performance Metrics Track improvements in productivity, innovation, and team outcomes. Conflict Resolution Strategies Resolve disputes, maintain harmony.

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Team Building Case Study Collaboration Culture 100

Jeffrey Phillips

MAY 22, 2023

Market evidence will tell you that most of new product innovations fail in the first year. Managers can squeeze out a few more percentage points of profit on existing products without significant risk. Doing new things in large corporations is difficult. Most managers will ask: why take the risk?

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Artificial Inteligence ChatGPT Innovation Generative AI 157

Planview

FEBRUARY 15, 2023

Improved Efficiencies Help Conagra Brands Speed Global Product Transfer New competitors, the growth of nontraditional retail outlets, and tech advancements in the industry made it imperative to transform how Conagra Brands , home to the world’s longest-standing food processing companies, did business. And this is only the beginning.

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Case Study Product Development Study Collaboration 52

Leapfrogging

FEBRUARY 9, 2024

The table below highlights some of the key strategic outcomes corporations aim to achieve through CVC: Strategic Outcome Description New Product Development Accessing cutting-edge technologies and innovations. Business Model Innovation Adopting novel approaches to business operations and customer engagement.

Strategy 100

Strategy Strategy Technical Review Agile 100

Innovation Excellence

APRIL 1, 2019

Scenario: a product development team at a medical device company had a testing phase that ran far longer than expected. This delay rippled throughout the project and had serious implications downstream. After the project was complete, the team leader wanted to go back and figure out why the test phase had not gone as planned.

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Project Product Development Company Analysis 58

Innovation Excellence

NOVEMBER 14, 2018

In the heat of the digital revolution that it helped spark, Apple’s products became a portfolio of increasingly complex and diverse offerings. At a crucial point in its growth, the company had to reign in its exuberance and created a disciplined, cross-company product development process.

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Disruption Product Development Company Innovation 61

Open Innovation EU

FEBRUARY 4, 2016

New Product and Development Service Process (Hauser). New Product Development Front End (Khurana). Revolutionizing Product Development (Wheelwright & Clark). New Product Development Funnel (Katz). Open Innovation (Chesbrough). Open Innovation Kick-Start Approach (AT Kearney).

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Crowdsourcing Open Innovation Innovation LEAN 81

Innovation Excellence

MARCH 12, 2017

Drawings, whether paper or electronic, have traditionally been at the center of the product development universe. But as more and more companies transform into model based enterprises (MBE), there are five fundamental concepts they should keep in mind.

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