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
NPD Process
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
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
What is a Hybrid Process for New Product Development? (Part 4)
They say you innovate or die. Businesses must constantly innovate, develop new products, and engage customers to sustain profitability. Of course, new product development (NPD) relies on a mix of… Read More
What is a Hybrid Process for New Product Development? (Part 3)
New product development (NPD) involves business and technical uncertainties. Sometimes, we know the markets well and can anticipate customer needs. In other instances, new technologies emerge, and we learn to… 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
What is a Hybrid Process for New Product Development? (Part 1)
New product development (NPD) is necessary for any organization to survive long-term. Products naturally go through a life cycle and consumers adopt new technologies, displacing aging products. Likewise, markets transition… 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
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
Wagile Activities
Wagile is a hybrid product innovation process using a combination of features from traditional staged-and-gated processes and the Agile philosophy. We take the “W-” from the waterfall systems that emphasize… Read More
Building Innovation Leaders
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