Also known as “capability planning”. Evaluating and analyzing the skill sets and effective resource capacity of an organization to manage new product development projects effectively. Resource planning for capacity is an expected outcome of Product Portfolio Management. Find more definition for product innovation at the NPD Glossary.
Portfolio Management
Ethics, Governance, and Design
Last weekend, I participated in the Institute of Management Consultants annual conference in Dallas, Texas. It was a great experience – I met some interesting and smart people, listened to insightful presentations, and created an action plan for my own business. I certainly hope that attendees enjoyed my workshop on
Driving Innovation Success through Strategy
Over the past couple of weeks, the Idea Incubator has gone back to the basics. We have covered the four fundamental stages of management and revisited the project management process groups. Basic management skills help to ensure successful new product development (NPD) through best practices in implementing projects. It never hurts to review the fundamentals… Read More
Managing Project Risk
What is project risk? Is it the same as a gamble? Are we simply at the mercy of good luck to prevent project risks? Or can we manage risk in new product development (NPD) a better way? Gambling vs. Risk Gambling is completely dependent on luck. There is no legal way to control a roulette… Read More
Building Innovation Leaders
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