It’s hot outside here in Texas. If you’re like me, you probably prefer to avoid 100+ degree conditions and instead bask in climate controlled air while reading, cooking, or spending time with family. While you’re cooling off indoors, I encourage you to bookmark and read some fantastic content published throughout this year – all relevant to product development professionals. From white papers and webcasts to events and blogs, these favorites will get you and your organization thinking about your innovation management maturity and product development best practices. Continue reading
In the Fourth Product Portfolio Management Benchmark Study, innovation management maturity was measured across three areas: people, process, and tools. These three areas need to be balanced to have a successful innovation and product development efforts. Recently Planview hosted the webcast “The Engineer & the Evangelist: 2 Views on 4 Keys to Integrating NPD Processes” that kicked off a discussion around the gaps that are created in your process when you experience maturity in the other two areas. Continue reading
It’s that time of the year again! The time to participate in PIPELINE: The Virtual Conference and Hub for Innovative Product Development and network with more than 2000 product development practitioners and leaders – online and free to attend.
- CONNECT with peers from industries in roles along the commercialization process from across the globe
- Get INSPIRED with insightful keynote and practitioner-led sessions
- Access tips to EXECUTE better and take advantage of new ideas, tools and resources that support PD, portfolio management, and innovation
If you’ve ever experienced the pain of having “too many projects for our resources”, you won’t want to miss the data uncovered from this body of global research. Appleseed Partners are conducting the second research study on The State of Capacity Planning and Resource Management. Planview is sponsoring the research. Continue reading
Have you seen the hit ABC TV show, Shark Tank? (Or, as it’s known elsewhere around the world, Dragon’s Den?) Its inspirational premise sparks the creative genius in each of us as regular folks go into the “tank” to pitch their inventions and ideas to a panel of “shark” investors, all of whom attack with hard questions about profitability and marketability. The (sometimes) novice inventors have to be ready with hard metrics, market research, and in some cases patents pending in order to entice one of the investors to partner, in the hopes of cashing in on the next big thing. Continue reading
A few weeks ago Carrie Nauyalis posted an inspiring blog about the positive aspects of killing products early in the innovation process and how it can be similar to a Jazz funeral. The piece was so well received that she expanded the blog into a full article on Innovation Management.se. Here’s a short synopsis and link to the full article: Continue reading
5 Tips to get your Innovation Management Program on the Right Track
In a recent article posted on Innovation Management.se, Steve Beaumont outlines 5 things organizations can do to bridge the perception gap between executive management and reality to grow maturity.
- Educate executives – use the Fourth Product Portfolio Management Benchmark Survey to provide evidence of the pitfalls of having too many projects and overloaded resources
- Identify the gaps – use the Innovation Management Maturity Model to understand where stakeholders believe the organization ranks for each category and overall
- Have a plan – think of quick changes that yield immediate ROI (download the whitepaper to get some ideas)
- Speak their language – get into their world and articulate your plan using their language (download the whitepaper to see a helpful chart to easily identify personality types) Continue reading
My Mardi Gras hangover cure didn’t involve a greasy breakfast with an aspirin, chased by a strong cup of coffee. My hangover cure was delivered via the brilliant idea Brandon Rowberry of United Healthcare Group shared at the recent Frost & Sullivan Innovation in NPD & Marketing conference in New Orleans. Brandon discussed how his team had a product that just wouldn’t die. They would launch the product to less than rave reviews, bring it back inside for tweaks, and then launch it again only to have it fail again. Not wanting to forfeit, the team tried in vain to make it work until someone finally had the courage to put a stake in it and call it what it was – dead. Continue reading
Last year we focused heavily on primary research pertaining to people, processes, and tools as it relates to product development innovation and maturity. The research itself was well received by the product development community and got people thinking about how they can improve maturity within their organization.
In 2014, we will continue to dive deeper into these topics to help you better understand the challenges as well as uncover best practices to help you advance the innovation strategy in your organization. Continue reading