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12.12.22 New Product Development, NPD Process

Declutter for Product Development Efficiency

I have been on a journey to declutter and simplify life for the past several years.  I started thinking about all the accumulated junk we had in our house when… Read More

11.28.22 New Product Development, NPD Process, Strategy

Failing at Change

Introducing something new to a routine can bring about either positive or negative change.  For instance, modifying your daily schedule to include time at the gym can introduce positive, healthy… Read More

11.08.22 Innovation, New Product Development, NPD Process, NPD Teams

Four Elements of Risk in NPD (Part 2)

Last week, we started a two-part series on risk and new product development (NPD).  We described, in some detail, uncertainties in the customer and financial realms.  In this post, we… Read More

11.08.22 New Product Development, NPD Process, NPD Teams

Four Elements of Risk in NPD (Part 1)

Risk is typically viewed as a negative outcome in response to an action taken.  In business and innovation, we must take risks to increase revenues and develop new products.  However,… Read More

10.26.22 Innovation, Leadership, New Product Development, NPD Process

Building NPD Capability During Recession

Today, organizations are under severe restrictions imposed by economic conditions, a tight labor force, and market turbulence.  It’s challenging for a business to focus on current operations, let alone the… Read More

10.26.22 Innovation, New Product Development, NPD Process, NPD Teams

Product Development During Recession

Regardless of the government’s official declaration of recession, most people and businesses are feeling intense, negative economic pressures.  My monthly grocery bill has soared 30% through the course of this… Read More

10.17.22 Innovation, Market Research, New Product Development

Interfacing with Customers in NPD

Product management is a relatively new field where people gather business knowledge to direct development of new products.  These are not traditional “people managers” in the sense of direct reporting… Read More

10.05.22 Innovation, New Product Development, Strategy

Five Elements of NPD Strategy

New product development (NPD) is typically a complex, but routine, endeavor for most mature companies.  Product development and product management begin with the innovation strategy.  In turn, the innovation strategy… Read More

09.29.22 Engineering Management, Leadership, New Product Development, NPD Process, NPD Teams

Keeping the Team Small

In last week’s post, we discussed who is on a new product development (NPD) team.  For example, a working NPD team must include representatives of project management, marketing, engineering, and… Read More

09.22.22 Leadership, New Product Development, NPD Teams

Who is the NPD Team?

In any business endeavor, success depends on the right process as well as the right people.  In new product development (NPD), we follow processes (like WAGILE) to minimize investment risk… Read More

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