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Results for: 2.1.4 Confirm alignment of product/service concepts with business strategy (x)
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Successfully Embedding Innovation: Strategies and Tactics (Collection)

This collection contains the Best Practices Report, case studies, and list of findings from APQC's Successfully Embedding Innovation: Strategies and Tactics Collaborative Benchmarking study.

Type: Product Collection  Processes: 2.0 Develop and Manage Products and Services, 12.4 Manage change, 12.0 Manage Knowledge, Improvement, and Change, 2.1.2.2 Identify potential new products and services, 2.1 Manage product and service portfolio, 2.1.2 Define product/service development requirements, 2.1.4 Confirm alignment of product/service concepts with business strategy  Industry: Chemicals, Computers, Consulting/Consultants, Electronics, Medical Equipment 
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Finding the Perfect New Product Portfolio Mix

What is the right balance of incremental, moderate, and radical new product development projects? Examine this data to compare your portfolio mix to that of organizations that excel in new product development.

Type: Benchmarks and Metrics  Topics: New Product Development, Product Development, Product and Service Innovation, Innovation, Portfolio Management, Project Management, Organization and Management  Processes: 2.1.1 Evaluate performance of existing products/services against market opportunities, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.2.1 Identify potential improvements to existing products and services, 2.1.2 Define product/service development requirements, 2.1.2.2 Identify potential new products and services, 2.1.3.1 Identify new technologies, 2.1.3 Perform discovery research, 2.1.4.2 Prioritize and select new product/service concepts, 2.1.4 Confirm alignment of product/service concepts with business strategy 
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Staying On Time and On Budget: The Keys to Profitable New Product Development

A major differentiator between top and bottom performers in new product development (NPD) is an organization's ability to complete projects on schedule and on budget.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Product Management and Planning, Process Improvement, Business Excellence, Process, Process Management, Project Management  Processes: 2.1.4.1 Plan and develop cost and quality targets, 2.1 Manage product and service portfolio, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.4.3 Specify development timing targets, 2.1.5.3 Identify and refine performance indicators, 2.1.5 Manage product and service life cycle, 2.2.1 Design, build, and evaluate products and services, 2.0 Develop and Manage Products and Services, 2.2 Develop products and services 
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Allow Flexibility Within Rigorous Processes

Structured processes are essential to ensure that the most valuable products flow smoothly from ideation to market.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Project Management  Processes: 2.2.1.3 Develop product/service design specifications, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.1.2.2 Identify potential new products and services, 2.1 Manage product and service portfolio, 2.1.2 Define product/service development requirements, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.0 Develop and Manage Products and Services, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle  Industry: Chemicals, Electronics, Medical Equipment, Telecommunication 
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Make New Product Development Visible within the Organization

Successful New Product Development (NPD) requires contributions from all functions and levels of an organization.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Product Design, Product Management and Planning  Processes: 2.0 Develop and Manage Products and Services, 2.2.1.3 Develop product/service design specifications, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.1.1 Evaluate performance of existing products/services against market opportunities, 2.1 Manage product and service portfolio, 2.1.2.2 Identify potential new products and services, 2.1.2 Define product/service development requirements, 2.1.4.1 Plan and develop cost and quality targets, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.4.4 Plan for product/service offering modifications, 2.1.5 Manage product and service life cycle 
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Embrace Clear and Consistent Accountability for New Product Development

When it comes to new product development, organizations need to make it clear who the decision makers are. It is vital that accountability is clearly defined at each level.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Product Design, Product Management and Planning  Processes: 2.0 Develop and Manage Products and Services, 2.2.1.1 Assign resources to product/service project, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.2.1.2 Prepare high-level business case and technical assessment, 2.1 Manage product and service portfolio, 2.1.2.1 Identify potential improvements to existing products and services, 2.1.2 Define product/service development requirements, 2.1.3.1 Identify new technologies, 2.1.3 Perform discovery research, 2.1.4.1 Plan and develop cost and quality targets, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.5 Manage product and service life cycle, 2.1.5.1 Introduce new products/services 
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Identify One Clear Owner for New Product Development

One of the best practices is to identify a clear process owner for NPD. The uncertainty of the success of new products should be the result of the products themselves, not the process used to develop them.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Product Design, Product Management and Planning  Processes: 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.2.1 Identify potential improvements to existing products and services, 2.1.2 Define product/service development requirements, 2.1.2.2 Identify potential new products and services, 2.1.3.3 Assess feasibility of integrating new leading technologies into product/service concepts, 2.1.3 Perform discovery research, 2.1.4.4 Plan for product/service offering modifications, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.1.5.2 Retire outdated products/services, 2.1.5.3 Identify and refine performance indicators, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services 
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Product Development: Capture Your Lessons Learned

Top-performing organizations review product launches carefully and make the lessons learned part of the organization’s base of knowledge.

Type: Benchmarks and Metrics  Topics: New Product Development, Product Development, Product Design, Product Management and Planning, Portfolio Management, Project Management  Processes: 12.4.4.2 Capture and reuse lessons learned from change process, 12.4 Manage change, 12.4.4 Sustain improvement, 2.1.4.4 Plan for product/service offering modifications, 2.1 Manage product and service portfolio, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.5 Manage product and service life cycle, 2.0 Develop and Manage Products and Services, 2.1.5.1 Introduce new products/services, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services 
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Accelerating Product Development with Design Events at Michelin

To speed the product design process, Michelin has combined several design steps into structured design events.

Type: Case Studies  Topics: New Product Development, Product Development, Product Design, Teams, Organization and Management, Project Management  Processes: 2.2.1.3 Develop product/service design specifications, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.2.1.4 Document design specifications, 2.1.2 Define product/service development requirements, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.4.1 Plan and develop cost and quality targets  Industry: Automotive, Rubber & Plastics 
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  • Nonmember Price: Download FREE
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