Your path to business agility
Innovation is all about focusing and optimizing the product portfolio so you can get products to market at the right time and cost. Topics we’ll explore in the Product Innovation blog category range from ideation management to product launch and product end-of-life. Experts will provide recommendations to take your innovation strategy and delivery process to the next level. You’ll get tips for picking the right projects, prioritizing good projects, and aligning them with strategy. Take your innovation strategy to the next level with information on improving time to market to maximize resources, funding, and time. Get tips from other customers on how they improved transparency to pick the right projects and kill the bad projects early. You will also be able to access ground-breaking research and fresh insights on how capacity planning can accelerate business innovation while lowering risk.
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...
Another holiday is upon us and retail stores everywhere are filling up with a variety of red and pink keepsakes for loved ones. I was recently at a Hallmark store stocking up on my own Valentine’s Day gifts and stumbled upon their latest product, Magic Message Reveal Heart. I was automatically impressed because I know...
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...
R&D-driven organizations face the constant challenge of deciding whether to continue funding existing projects and when to start new initiatives. The overwhelming majority of firms will use project prioritization to rank the opportunities as part of that exercise, with a small minority suspecting that optimization is better suited to the task of project selection. So...
More than 500 product development professionals participated in a global survey on the state of product portfolio management in Europe. The outcome is the Fourth Product Portfolio Management Benchmark Study which provides product development executives key trends into the priorities, risks, and pain points as well as perspective into how they compare to their peers....
The findings from the Fourth Product Portfolio Management Benchmark Study and the Innovation Management Maturity Model™ have spawned some important dialog around innovation maturity for medical devices firms and across multiple industries. In a recent article published Dec 3 on Medical Design Online, Jim Pomager poses the question, “Does the medical devices industry have an...
Findings from the Fourth Product Portfolio Management Benchmark Survey and a Roadmap to Sustainable Innovation Imagine sailing in the World Cup race without a strategic plan or a map. It is a sport where speed is of the essence, decisions (and perhaps more importantly the timing of those decisions) are paramount, and team talents must be...
Comparing Industry Frameworks for Maturing Innovation Management The fall conference season is winding down and this year I’ve had the privilege of attending and speaking at some great innovation events, sharing the newly launched Innovation Management Maturity Model™. From regional PDMA meetings in Dallas and Atlanta, to the national PDMA PIM conference, the Optimizing Innovation conference...
I am excited to introduce the Innovation Management Maturity Model™. Earlier this year, more than 700 product development professionals across the globe evaluated their organizations using this model in the upcoming Fourth Product Portfolio Management Benchmark Study — scheduled to publish this November. The preliminary results from the Fourth Product Portfolio Management Benchmark Study state:The...
#4 & #5 Characteristics of Mature Organizations in the Areas of Capacity Planning and Resource Management I’m back to uncover two more characteristics shown by organizations that have mature capacity planning and resource management practices in place. A research study identified common features of best performing companies in these areas. These attributes can be used...
