Any organization developing a new product or service wants to ensure that it gets a successful and profitable project in return for its investment. But what kind of success rate and profit amount should organizations aim for? APQC recently partnered with Stage-Gate International to study how…

Organizations that are successful at product or service innovation have worked to make this a critical capability within the enterprise. These organizations have recognized that innovation done right can lead to a competitive advantage within their markets. Organizations looking to achieve similar…

Enthusiastic and engaged senior leaders can play a vital role in enabling a successful open innovation strategy. This is one of the key enablers for open innovation identified in APQC’s recent Best-Practices Report Open Innovation: Enhancing Idea Generation Through Collaboration. Nearly all of the…

APQC’s Best Practices Study, Open Innovation: Enhancing Idea Generation Through Collaboration, is rolling along, and we’re excited about this research. In late January our participating organizations selected the best-practice partners that we will study, and site visits will start this month.…

In a previous blog post on product development, I presented some key cross-industry benchmarks. But what if you want to be more specific in your benchmarking? APQC has created a collection of product development benchmarks for those wanting to know performance within specific industries.…

How does your organization’s product development function compare with that of other organizations? In this post I want to talk about data for a few key performance indicators in product development. The data presented here is taken from APQC’s Open Standards Benchmarking in product development…

Do you want to expand your organization’s idea-generating capacity? APQC’s upcoming Best Practices Study, Enhancing Idea Generation Through Collaboration, aims to look at how organizations use outside sources to bring additional value inside. The reality is that more talent exists outside your…