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. Innovation Management Product Innovation R&D Lean Product DevelopmentIt is a methodology that depicts key milestones, but supersedes specific engineering models such as waterfall or Agile.

Product Development 67

Product Development LEAN Agile Marketing 67

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. Innovation Management Processes & Tools Product Innovation R&D Product development Metrics

Product Development 82

Product Development Examples Company Product Innovation 82

IdeaScale

MAY 9, 2018

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.

Product Development 116

Product Development Collaboration Case Study Ideation 116

One2Team

FEBRUARY 3, 2020

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. With its 100% agile New Product Innovation (NPI) solution, One2Team helps you gain efficiency at every stage of the innovation, development and product launch process. stage gate process new product portfolio R&D digitization

Product Development 40

Product Development Agile Study Product Innovation 40

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. collaboration Innovation Open Innovation Product Innovation R&D Social Innovation Social Media Product Development product innovation social innovation

Product Innovation 86

Product Innovation Tools Marketing Product Development 86

Innovation Excellence

FEBRUARY 18, 2019

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.

Product Development 69

Product Development Meeting Software Project 69

Innovation Excellence

APRIL 7, 2016

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.

Product Development 61

Product Development Innovation Product Innovation Tools 61

Innovation Excellence

OCTOBER 2, 2016

What I didn’t expect was the reflective advice it would provide on leadership and management, Innovation Interviews Leadership Management Product Innovation R&D Conflict Management Innovation Management Innovation Teams Interview ip New Product Development (NPD) PodcastI enjoyed watching Pixar’s “A Bug’s Life” when it was released in 1998 and have more recently re-watched it with my kids.

Product Innovation 82

Product Innovation Management Product Development Innovation 82

Innovation Excellence

JANUARY 27, 2019

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

Product Development 86

Product Development Groups Company How To 86

Paul Hobcraft

OCTOBER 11, 2018

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development. I am really frustrated by the legacy we have in our processes, systems and the ways we approach innovation, and its development lifecycle. A truly open innovation platform.

Product Innovation 178

Product Innovation Report System Design 178

IdeaScale

FEBRUARY 5, 2020

Customers are integral to the product innovation process.?. Product innovation is all about new ideas from both your employees and your customers. Trying to develop a new product without input from your customers is akin to shooting arrows in the dark. All those factors figure prominently in determining why, when, and how to innovate. Why and How to Get Employees Involved in Product Innovation.

Product Innovation 133

Product Innovation Survey Idea Management Software 133

Jeffrey Phillips

OCTOBER 7, 2015

Innovation and change destroy complacent, unchanging business structures and models. Product life cycles are collapsing - I was recently in a conference where a camera manufacturer estimated the average shelf life for a new camera was between 3 and 6 months, or less than half the product development cycle time! Instead they offer single solutions or products that are equal to or better than what the banks offer, in areas that are more profitable.

Product Innovation 187

Product Innovation Conference Industry Agile 187

InnovationManagement

JULY 2, 2020

The post Four Ways to Innovate Right Now appeared first on InnovationManagement. Strategies Business Model Innovation decision making long term innovation paradigm innovation position innovation process innovation product Product Development product innovation thought leadership value creationWhile the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities.

Product Development 81

Product Development Innovation Innovation Processes Product Innovation 81

Corporate Innovation

JULY 26, 2016

Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.

Product Development 56

Product Development Project Groups Engagement 56

Corporate Innovation

JULY 26, 2016

Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.

Product Development 56

Product Development Project Groups Engagement 56

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. Enabling Factors Strategies adjacent possibilities brainstorm design thinking hidden needs personas product development prototyping unmet needs voice of customer

Product Innovation 50

Product Innovation Innovation Management Management Product Development 50

Idea to Value

JUNE 11, 2020

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. 00:16:30 – Innovation labs were a place where nothing got done.

Product Development 158

Product Development Groups System Engagement 158

Innovation Excellence

DECEMBER 2, 2016

A long-standing belief across chemical and industrial product companies is that it’s not possible to rapidly produce low-cost, high-quality products. Many companies dedicate their best manufacturing equipment and people to quickly develop and launch a high-quality product, but these additional resources drive up costs unexpectedly. Innovation Product Innovation Strategy Industrial Products manufacturing new product development NPD Product Development quality

Resources 84

Resources Product Development Company Management 84

Innovation Excellence

JULY 29, 2019

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

Roadmap 83

Roadmap Project Product Development Product Strategy 83

Innovation Excellence

NOVEMBER 5, 2015

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. Continue reading → Customers Innovation Product Innovation Cognitive Science new product development NPD PDMA Product Development user experience User Interface UX

Product Development 84

Product Development Design Learning Company 84

Innovation Excellence

OCTOBER 7, 2016

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. Innovation Management Product Innovation Strategy Decision Making new product development NPD Portfolio Management Portfolio Optimization Portfolio Pipeline Management Portfolio Prioritization Portfolio Review Portfolio scope Portfolio Views PPM PPM Tools Product Development

Management 77

Management Product Development Project Product Innovation 77

Corporate Innovation

JULY 26, 2016

Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.

Product Development 40

Product Development Project Groups Engagement 40

Innovation Excellence

JANUARY 2, 2017

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. Consumer Innovation Innovation Product Innovation Strategy consumer products cpg Innovation Strategy new product development Portfolio Management Portfolio Optimization Portfolio scope Portfolio Views Product Development

Project 61

Project Product Development Company Product Innovation 61

Innovation Excellence

OCTOBER 20, 2015

Continue reading → Product Innovation Strategy manufacturing Medical Device Medical Device Innovation Medical Device PLM Medical Device Product Development Medical Device UDI Medical Device UDI Ruling packaging Product Development UDI UDI RulingWhile working to comply with the rule, manufacturers have realized that the problem to be solved is multi-faceted and interconnected.

Product Development 71

Product Development Industry Change Product Innovation 71

Innovation Excellence

FEBRUARY 6, 2017

According to AcuPoll more than 95-percent of new products fail each year. This harrowing statistic should sound an alarm, one that says the way we approach the conceptualization and launch of new products does not work. Every year, billions of dollars shrivel down to zero. Careers and jobs lost. So much talent and energy gets.

Product Development 69

Product Development Product Innovation Trends Design 69

Innovation Excellence

JANUARY 29, 2017

As retailers strive to reinvent their customer experience and drive loyalty, many are opening innovation labs or centers that are focused exclusively on digital efforts or product innovation. Innovation Product Innovation Strategy Product Development product innovation retail Retail Innovation Retailers

Open Innovation 55

Open Innovation Product Development Product Innovation Innovation 55

Innovation Excellence

MAY 26, 2016

This article is the third and final in a series of 3 articles discussing measuring product innovation. Continue reading → Build Capability Competitions Disruption Innovation Product Innovation R&D Technology Innovation Management Innovation Metrics metrics New Product Development (NPD) Performance

Product Development 63

Product Development Competition Innovation Product Innovation 63

Innovation Excellence

JANUARY 1, 2017

Build Capability Innovation Processes & Tools Product Innovation Competitive Advantage new product development NPD patents pricingIf you want to gain ground on your competition you’ve first got to know where things stand. Where are their advantages? Where are your advantages? Where is there parity?

Competition 72

Competition Product Development Innovation Processes Product Innovation 72

Innovation Excellence

MAY 10, 2016

This article is the second in a series of three articles discussing measuring product innovation. Continue reading → Build Capability Competitions Disruption Innovation Product Innovation R&D Technology Innovation Management Innovation Metrics metrics new product development NPD Performance

Product Development 63

Product Development Competition Innovation Product Innovation 63

Innovation Excellence

MARCH 6, 2017

When companies want to innovate, there are three things they can change – products, services, and business models. Products are usually the first, second and third priorities. Build Capability Business Models Innovation Processes & Tools Product Innovation Business Model Diagram new product development NPD Product Performance

Change 74

Change Company Product Development Innovation Processes 74

Innovation Excellence

MARCH 13, 2017

Yes, a robot will most likely take your job - or at least change its current function dramatically - within the next two decades and experts seem to agree that the acceleration of this development will start around 2020. Disruption Innovation Jobs Product Innovation Technology Trends future jobs new product development NPD robotics Workforce

Change 66

Change Product Development Product Innovation Trends 66

Innovation Excellence

JULY 18, 2016

When developing a new product, it's important to understand how it will be used. Consumer Innovation Creativity Product Innovation Design Thinking new product development NPDTherefore you should always ask, observe and experience yourself.

Product Development 62

Product Development Design Thinking Product Innovation Design 62

Innovation Excellence

SEPTEMBER 21, 2015

Games can also be applied to innovation, which is the topic of the book “Innovation Games: Creating Breakthrough Products Through Collaborative Play.” Continue reading → Games Innovation Product Innovation Uncategorized games new product development problem solvingThe book was published in 2006 and the games have had a significant impact on numerous companies, non-profits, and government organizations since then.

Groups 81

Groups Collaboration Learning Company 81

Innovation Excellence

AUGUST 30, 2017

As innovators, we all want to do three key things: Create something new, fantastic and disruptive; Bring it to the market fast enough to capture its value and grow our business; Do it again (and again, and again.). Build Capability Conferences Innovation People & Skills Processes & Tools Product Innovation Profiles of Innovators R&D Cars Honda lean Lean Product Development Motorcycles Yamaha

Learning 56

Learning Disruption Marketing Product Development 56

Innovation Excellence

DECEMBER 15, 2015

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”. Continue reading → Product Innovation Barbara Schick Lee Peterman new product development New Product Development Execution NPD NPDE Resource Allocation Resource Management

Project 48

Project Marketing Company Product Development 48

Innovation Excellence

FEBRUARY 22, 2016

These rules help companies decide whether a product change should require a new item number or simply a revision of the same item number. But what about formulated products? Like most engineers, I learned about rules of interchangeability back in school. The standard “form, fit and function” (F/F/F) definition has served the needs of discrete manufacturers well for a long time.

Product Development 49

Product Development Learning Change Company 49

Innovation Excellence

JANUARY 26, 2017

As retailers look to drive profitable growth through loyalty and differentiation, innovation usually plays a prominent role. Innovation can take many different forms, such as product, customer experience, business model, service and process innovation. However, becoming innovative is not easy. Innovative retailers are those that excel at solving high-priority problems for their target customer and help meet.

Meeting 65

Meeting Product Development Innovation Product Innovation 65

Innovation Excellence

DECEMBER 14, 2015

Properly used, a business case embodies the essential learning and planning derived from Lean, Design Thinking, and similar approaches to product development. It is not a documentation exercise, but a tool for collaborative learning and communicating the justification for a product concept. Continue reading → Innovation Product Innovation Training business case Product Development Product Management

LEAN 62

LEAN Exercises Design Thinking Collaboration 62

Innovation Excellence

APRIL 20, 2017

Be clear with your product marketing! Be clear with your product marketing. The solution then is not your product or its technical. Innovation Product Innovation Benefits new product development NPD product Product Features value propositionMany companies and people confuse what they mean when discussing Value Propositions, Benefits, and Features.

Marketing 60

Marketing Company Product Development Product Innovation 60

Innovation Excellence

JUNE 1, 2016

Well-designed products make life easier by solving problems. Extraordinary products introduce new ways of doing things. To learn how to design great consumer products, I spoke with “Product Whisperer” Tracy Hazzard. Continue reading → Consumer Innovation Design Innovation Product Innovation consumer products Product Development Product Management

Learning 63

Learning How To Product Development Product Innovation 63

Innovation Excellence

FEBRUARY 7, 2017

Design transfer involves moving an approved design into production. For most product development initiatives, the process of design transfer is complex with many moving parts, involving partners that are geographically widespread. Innovation Product Innovation manufacturing Product Development

Guidelines 53

Guidelines Design Industry How To 53

Innovation Excellence

JULY 5, 2016

Can you truly predict a customers’ reaction to a new innovative product and then scale the success of the product? Continue reading → People & Skills Processes & Tools Product Innovation lean lean startup Product Development Product ManagementLean practitioners say you can, if you measure the right metrics, interpret them correctly, and focus on the problem and the uncertainties that arise.

LEAN 58

LEAN Management Product Development Innovation 58

Rmukesh Gupta

APRIL 10, 2016

She runs a product design studio in Mumbai called Ware Innovations. . Why is she on the show: In her short career so far, she has already won multiple awards for multiple products. The Michael Kalil Endowment for Smart Design 2015 and The James Dyson Foundation Fund at Parsons 2015 for her product Jhoule. She was also the team that won the Wearables for Good Challenge by UNICEF, Arm Technology and frog design, for her product – Soapen.

Product Development 46

Product Development Design Thinking Technology Learning 46