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
Team
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… Read More
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… Read More
Building a Culture of Innovation (Part Two)
Listen to the podcast (approximately 6 minutes). Last week, we began a series of posts on building an innovation culture. The first three ways to build an innovation culture are:… Read More
The Effect of Bad Bosses
Listen to the podcast (about 3 minutes). 20 June 2013 Idea Incubator Bad Bosses A recent article in Harvard Business Review by Jeffrey Pfeffer (April 2013, pg. 36) describes bad… Read More
Venture Team
A venture team is a highly coordinated, co-located team that is used to develop new-to-the-world technologies and markets. To learn more about new product development teams, please reference NPD Teams:… Read More
Lightweight Team
A lightweight team is a new product team charged with successfully developing a product concept and delivering to the marketplace. Resources are, for the most part, not dedicated and the… Read More
Lean Team
A lean team, also known as a lightweight team, is a cross-functional team that involves part-time team members and a part-time team leader. The team is used to develop new… Read More
Full Team
A full team, also known as a heavyweight team, is an innovation team that works cross-functionally to develop a complex new product with a high degree of technical uncertainty for… Read More
Functional Team
A functional team, sometimes known as a functional work group or simply work group, is a type of team that works primarily on low risk, low uncertainty new product development… Read More