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- Program Management Offices in Best-Practice Product Development Organizations
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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- Relevance: 82%
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- Involve the Procurement Function Early in the New Product Development Process
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Today’s procurement function can be so much more than just the buying arm of the enterprise, focused only on getting the lowest cost.
Type: Best Practices and Business Drivers Topics: Purchasing, Supply Chain Management, Procurement, Sourcing, Supplier Certification, Supplier Relationship Management, Supplier Partnerships Processes: 2.0 Develop and Manage Products and Services, 4.0 Deliver Products and Services, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 4.2 Procure materials and services, 4.2.1 Develop sourcing strategies, 4.2.2 Select suppliers and develop/maintain contracts Industry: Pharmaceutical, Semiconductors- Relevance: 77%
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2011 New Product Development Best Practices, Benchmarks, and Metrics
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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- Relevance: 72%
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- Good Ideas for New Product Development
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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- Relevance: 63%
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- What Every Good Gate Meeting Should Have
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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- Relevance: 62%
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- Use Different Gatekeepers as Stage-Gate Risks Rise
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Who should decide which products pass to the next product development stage-gate? This article answers that question.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Project Management, Project Management, Organization and 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- Relevance: 62%
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- Metrics for New Product Development Processes
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Because measurement can be tricky business, organizations often ask for lists of metrics commonly used to monitor and improve new product development (NPD).
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Measurement, Business Excellence, Measurement Processes: 12.1.1.1 Establish performance measures, 12.1 Create and manage organizational performance strategy, 12.1.1 Create enterprise measurement systems model, 12.2.3.3 Measure performance against benchmarks, 12.2 Benchmark performance, 12.2.3 Conduct process benchmarking, 2.2.1.9 Identify design/development performance indicators, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services- Relevance: 62%
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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: 62%
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- Accepting and Quantifying Risk in New Product Development
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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- Relevance: 61%
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- Allow Flexibility Within Rigorous Processes
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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- Relevance: 61%
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