About a year ago, I participated in my first triathlon. It was designed for beginners with sprint lengths: 800-yard swim, 15-mile bike ride, and 5k run. There were also events for super-sprint, duathlons, combined swimming and biking, and relays of all combinations. Upon arrival the night before the event, it
A plan that utilizes digital technology to achieve goals, such as improved operational efficiency, enhanced customer engagement, or advanced product development and innovation. A digital strategy recognizes the impact of digital transformation by seamlessly integrating customer engagement into products, service, and applications. For more Product Innovation Resources, click here
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.
The year 2020 will go down in record books as one of the most financially challenging business environments. Dozens, if not hundreds or thousands, of businesses have lost customers and many may not ever recover from shutdowns when governments determined their activity was “non-essential.” I’m of the opinion that if