Product managers and new product development (NPD) practitioners have unique and original career paths. Most of us find work in innovation exciting and rewarding but the pathway to a career as a product development professional is not the same for any two people. Many product managers come to their position
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, but the cost is too high. In other situations, companies miss the mark in developing and designing a product that
Change – most of us dread change. We are uncertain of the impact change will have on our lives and we often doubt the benefits of change. Yet, working in innovation, our organization goal is to create change. Frequently, as a new product or service is launched, hindsight minimizes the impact of the change. In…
Leaders in product and project management often arrive at their positions through demonstration of excellence in technical fields. Newly minted engineering managers sometimes struggle to translate engineering skills into management skills. Instead of struggling to learn management skills, project and engineering managers can simply practice three simple characteristics of great leaders: attitude, gratitude, and platitude….