Posts Tagged ‘npd process’

Innovation Coach Workshop Philadelphia

   Are you a small to mid-sized manufacturing company and concerned that how you currently manage innovation and new product development is not optimized to provide continued growth in revenue and earnings? Or do you want to explore ways to improve an existing process? Innovation Coach workshops offered byNew Product Visions are unique 4-day group workshops focused on…

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Get your House in Order to Nurture New Product Development

  It is all about proper planning, communication, and execution in order to make an idea work or for sustainable innovation to happen. Implementing innovation depends on a disciplined strategy customized to the needs, size and culture of an organization. Each organization must create their own clearly defined stages and steps of the NPD process. New Product…

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No Risk = No Innovation, and the “Get out of Jail” card

  The global business strategists, Boston Consulting Group report that risk aversion is the number one barrier to innovation.  Ray Kroc, the founder of McDonald’s Corporation was a bit more succinct in his thoughts on taking risks: “If you’re not a risk taker, you should get the hell out of business.”   Risk is fundamental…

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8 Step Process Perfects New Product Development

Every entrepreneur knows that productivity is one of the key ingredients for successful product development. One of the two key processes in Robert’s Rules of Innovation is the NEW PRODUCT DEVELOPMENT PROCESS. A formalized, NPD process – also referred to and best practice: the Stage Gate® Process – is a must, from simple to sophisticated.…

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8 Step Process Perfects New Product Development

Every entrepreneur knows that productivity is one of the key ingredients for successful product development. One of the two key processes in Robert’s Rules of Innovation is the NEW PRODUCT DEVELOPMENT PROCESS. A formalized, NPD process – also referred to and best practice: the Stage Gate® Process – is a must, from simple to sophisticated.…

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Supporting the “R” in R&D

When it comes to Research and Development (R&D), a majority of the new product development process involves the “D” from concept to launch. However, the “R” is where most breakthroughs come from – and it is in jeopardy due to recessionary cuts and the short-term pressure for monthly and quarterly results. When companies are laser…

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Can Innovation Be a Structured Repeatable Process?

When Innovation comes to mind, the first thing people may think of is creativity, spontaneity, or a momentary stroke of genius. But can innovation occur out of a structured, repeatable process? The answer, in short, is yes. In fact, in order to build a long-term culture of sustained innovation, a structured process must be put…

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Innovation: 3M’s lessons to be learned

While Apple is often the most highly touted company for its innovation success, 3M is a global innovation company that has remained under the radar for its long-term innovation plans and succeses. With $30 billion in sales and products sold in nearly 200 countries, 3M has made significant contributions to the health care, communications and…

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Five Key Innovation Questions to Ask

There are plenty of reasons to innovate. Especially now more than ever before, sustained Innovation is the means to developing marketplace showstoppers that lead to profitable growth. Innovation is not a luxury that can be placed on the back burner, even for today’s successful companies. So before beginning your next innovation effort, here are some…

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Creativity Does Not Equal Innovation

Innovation and Creativity are words that are at times used interchangeably in the research and development process, but they have two distinct meanings. While creativity is about coming up with the big idea, innovation is about executing the idea and making it a business success. Do not confuse the two. An organization can certainly have…

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