Search results
- 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: 73%
- Member Price: FREE
- Identify One Clear Owner for New Product Development
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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business strategy, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.1.5.2 Retire outdated products/services, 2.1.5.3 Identify and refine performance indicators, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and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- Relevance: 73%
- Member Price: FREE
- Product Development: Capture Your Lessons Learned
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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- Relevance: 71%
- Member Price: FREE
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