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What is Product Development? Definition, Examples, Process and Strategies

IdeaScale

What is Product Development? Product development is defined as the process of creating new products or improving existing ones to meet the needs and wants of consumers. It involves various stages from conception to market launch, including ideation, research, design, prototyping, testing, and manufacturing.

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Finding the Ideation and Product Development Balance

IdeaScale

At some point, you have to stop ideating and start putting those ideas into production. But for many businesses, finding the line between ideation and product development can be tricky. This is an extreme example, but we’re using it to emphasize one of the bigger concerns about ideas vs. product development.

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Revolutionizing Product Development with AI: Streamlining Processes and Elevating User Experiences

helloFUTURE

One area where AI is making a significant impact is product development.

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How Rene Girard’s Memetic Theory Affects New Product Development

helloFUTURE

New product development is an essential process for any business. A company’s success largely depends on its ability to innovate and bring new products to the market. In recent years, a new perspective has emerged in product development, based on the theories of French philosopher Rene Girard.

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Building User-Centric and Responsible Generative AI Products

Speaker: Shyvee Shi - Product Lead and Learning Instructor at LinkedIn

This presentation unveils a comprehensive 7-step framework designed to navigate the complexities of developing, launching, and scaling Generative AI products. Attendance of this webinar will earn one PDH toward your NPDP certification for the Product Development and Management Association.

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A Collaborative Product Development Stage Gate

IdeaScale

In order to manage a 500% increase in the volume of ideas, the Sustainable Development Business Innovation (SDBI) group instituted a unique workflow for each campaign (there are four major campaigns in the ideation community) and each workflow included several levels of review.

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Turn the Tables on Product Development Disruptions

Planview

Disruptions to effective product development are constant but don’t need to be detrimental to an organization’s ability to deliver innovation with speed and maintain a healthy ROI. Suppose organizations make adaptability a cornerstone of their product development strategy and overall culture.