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- Staying On Time and On Budget: The Keys to Profitable New Product Development
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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- Relevance: 77%
- Member Price: FREE
- Make New Product Development Visible within the Organization
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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- Relevance: 71%
- Member Price: FREE
- Embrace Clear and Consistent Accountability for New Product Development
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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- Relevance: 71%
- Member Price: FREE
- Accelerating Product Development with Design Events at Michelin
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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- Relevance: 55%
- Member Price: FREE
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