Recently, a family friend underwent a total hip replacement surgery – at the age of 87! He said he had no pain, but his mobility was becoming severely limited. My… Read More
NPD Process
3 Components of Lean NPD
Toyota introduced the lean manufacturing system over 40 years ago. Lean is a quality management philosophy that eliminates waste to increase predictability and reliability of the final product. This, in… Read More
“Wagile” in New Product Development
New product introductions fail at an amazingly high rate – about half of all new products commercialized fail to meet sales targets. In some cases, customers like the product features,… Read More
What is Your Business Orientation?
Being successful in business means determining a strategy and following that strategy to execute flawless operations. There are infinite choices of strategies from which a firm might select – some… Read More
Design Thinking
“Design thinking” is an emerging topic in new product development (NPD). Many of the principles will be familiar to New Product Development Professionals (NPDPs) yet the packaging of the concepts… Read More
Lean Innovation Cycle
The lean movement is based on reducing waste and improving value-added activities. In lean manufacturing, for example, removing process bottlenecks and increasing quality eliminate waste and add value for the… Read More
Project Management in Innovation
By definition, projects are temporary in nature, require a skilled cross-functional team, and produce commercially valuable goods and services. Developing a new product certainly meets the definition of a project… Read More
Following a Business Model: A Short Story
My friend is a motivational and leadership speaker. She gets paid to share her message with audiences of all sizes. Her message is one of transformation and focus. Clear out… Read More
Cooking Up Innovation
Innovation Learning Process I used to be an absolutely terrible cook! I almost never cooked and when I did, even the toast would burn. Over the years, however, my cooking… Read More
Product Categories in NPD (Part 3 of 3)
Concluding a three-part series on the elements of innovation strategy in new product development (NPD), we will address the role of product categories in innovation projects in this post. Earlier… Read More
Building Innovation Leaders
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