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
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
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
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
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
Simplified Market Research Tools
New product development (NPD) is the art and science of converting nascent ideas into commercial products and services that deliver value to the consumer as well as the producer. We… Read More
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
Risk and Uncertainty in Product Development
Risk is kind of a negative word. We usually associate risk with bad things happening. We feel relieved if we have taken a risk and everything turns out okay. Companies… 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
Building Innovation Leaders
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