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Program Management Offices in Best-Practice Product Development Organizations

This finding from APQC’s Best Practice Report New Product Development: Embracing an Adaptable Process examines how best-practice organizations identify a clear process owner for NPD to provide consistency, ...

Type: Best Practices and Business Drivers  Topics: Business Excellence, Process Management, Process, Project Management, Product Development, Supply Chain Management  Processes: 2.0 Develop and Manage Products and Services, 12.1.2 Measure process productivity, 12.0 Manage Knowledge, Improvement, and Change, 12.1 Create and manage organizational performance strategy, 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, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.2.1 Design, build, and evaluate products and services, 2.2 Develop products and services  Industry: Chemicals, Electronics, Medical Equipment, Telecommunication 
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2011 New Product Development Best Practices, Benchmarks, and Metrics

To improve and optimize new product development, organizations typically need two things: best practices with clear commentary, and quantitative data to back up those practices.

Type: Product Collection  Topics: New Product Development, Product Development, Project Management  Processes: 2.1 Manage product and service portfolio, 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, 2.2.1 Design, build, and evaluate products and services, 2.2 Develop products and services, 2.2.3 Prepare for production  Industry: Chemicals, Electronics, Medical Equipment, Telecommunication 
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Good Ideas for New Product Development

It can be hard to determine the best course to take when structuring new product development (NPD) processes and teams.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Project Management  Processes: 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, 2.1.5 Manage product and service life cycle, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio  Industry: Electronics, Telecommunication 
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What Every Good Gate Meeting Should Have

Many organizations hold gate meetings at various stages of product development to determine if projects should progress to the next stage of development, if any changes need to be made, and if the work being done ...

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Project Management  Processes: 2.1.5 Manage product and service life cycle, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.2.1 Design, build, and evaluate products and services, 2.2 Develop products and services, 2.2.1.8 Conduct in-house product/service testing and evaluate feasibility 
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Warning Signs of Poor New Product Development Governance

Do your product development governance policies need a makeover?

Type: Articles and White Papers  Topics: New Product Development, Product Development, Product Management and Planning, Organization Structures, Organization and Management  Processes: 1.2.5.6 Develop role analysis and activity diagrams for key processes, 1.2 Develop business strategy, 1.2.5 Create organizational design (structure, governance, reporting, etc.), 2.1.2 Define product/service development requirements, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.5 Manage product and service life cycle 
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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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Accepting and Quantifying Risk in New Product Development

Every new product involves some degree of risk, but some require larger leaps of faith than others.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Risk Management, Organization and Management  Processes: 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, 2.1.3.2 Develop new technologies, 2.1.3 Perform discovery research, 2.1.5.1 Introduce new products/services, 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  Industry: Chemicals, Electronics, Medical Equipment, Telecommunication 
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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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Standardize Elements of New Product Development

Although every product may be different, standardizing the new product development process (and the tools used within it) streamlines the movement of products from ideation to market.

Type: Best Practices and Business Drivers  Topics: New Product Development, Product Development, Product Management and Planning, Portfolio Management, Project Management  Processes: 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, 2.1.3.2 Develop new technologies, 2.1.3 Perform discovery research, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.2 Develop products and services, 2.0 Develop and Manage Products and Services, 2.2.1 Design, build, and evaluate products and services  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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