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
Leadership
Rules for Collaborative, Creative Teams
I am not a big fan of rules. I suppose it’s because my mother had a lot of rules while I was growing up. Some of them, in retrospect, were… Read More
Managing Exceptions in Product Development
I recently had the privilege of speaking at the Houston PMI Annual Conference. (Check out some of the other awesome speakers and event info here.) It was really terrific to… Read More
Managing Time and Hybrid Project Schedules
I believe that time is our most precious resource. Once it is spent, it cannot ever be recovered or replaced. A minute of laziness and sloth-like behavior may cost 10 minutes… Read More
What is a Hybrid Process for New Product Development? (Part 2)
Many firms rightly believe that new product development (NPD) is the key to long-term success. Companies must release new products to stay relevant in the market and to meet changing… Read More
Product Management Skills
In recent posts, we have compared and contrasted the roles of project managers and product managers. At a high level, project managers are responsible for the execution and implementation of… Read More
Project, Product, and Portfolio Management
Watch the short video summary (< 1 minute) and then read on. Today’s news is packed with references to the “Great Resignation.” This was a primary topic for a panel… Read More
Four Elements of Great Teams
We work in teams because teams accomplish more, have higher creativity, and bring more satisfaction to workers. However, since we work in groups so often, we often fail to build… Read More
What is Your Decision?
In all my life, today feels like there are more questions in the economy than ever. Interest rates are artificially low and near zero while high inflation looms on the… Read More
Risk Management in Innovation
When I was a new engineer, I first heard the phrase “manage the risk.” I don’t think I really understood the meaning of the statement because it felt like my… Read More
Building Innovation Leaders
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