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
NPD Process
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
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
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