As much as corporate leaders talk about the importance of innovation, they still complain about a lack of results. Innovation is not magical nor is it easy. Successful new product development (NPD) relies on deploying the right technology at the right time into the right market segment. Complicating the situation
Team
“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, but the cost is too high. In other situations, companies miss the mark in developing and designing a product that
Process Improvement Projects
Quality has two major thrusts: customer satisfaction and continuous improvement. In delivering and meeting customer needs, we must constantly strive to improve the product offering itself as well as enhancing accompanying services. Quality is inextricably linked with new product development (NPD) and with effective project management. There are several steps
Project-Oriented Organizational Structure
Management functions are often described in four categories: Planning, Organizing, Leading, and Controlling While planning involves a strategic vision for the firm, organizing describes how the company intends to allocate resources to achieve goals and objectives. Leading, or directing, includes activities to motivate team members to do the work
Building Innovation Leaders
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