Engineering Management

09.24.15 Engineering Management, Strategy

Cost Leadership Strategy

Classic Innovation Strategy (Part 1 of 3) Strategy is the overarching force behind successful innovation. It is crucial for a business to know what its purpose is before the organization can design products, services, or programs for sale. Each business has a unique purpose and reason for existing, a mission Tweet

09.17.15 Engineering Management, Innovation, New Product Development, NPD Teams, Project Management

Control Theory and NPD

I live in Houston, Texas. It gets pretty hot in the summer and air conditioning is a blessing. Of course, there is a trade-off between comfortable temperatures and the electric bill. My strategy is to set the thermostat a little higher than desired when the house is empty to save on the electric bill. When… Read More

09.10.15 Engineering Management, New Product Development, Project Management, Strategy

The Product Life Cycle

Do you use a fax machine? Do you read the newspaper delivered to your front door? Do you listen to music from a tape deck or CD player? Do you even know what a rotary dial telephone is? All of these products are either dead and buried or headed that way. Products are expected to… Read More

Engineering Management

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