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The Lean Startup (Ries). The Lean Enterprise. New Product and Development Service Process (Hauser). New ProductDevelopment Front End (Khurana). Revolutionizing ProductDevelopment (Wheelwright & Clark). New ProductDevelopment Funnel (Katz). PACE NPD Funnel. MIT CIPD Funnel.
In a two-part event, employees in WorldJam 2004 first brainstormed solutions to increase growth and innovation, resulting in 191 pragmatic ideas. Ford reengineered its global productdevelopment process so that an engineering plan designed in Detroit can drive the shop floor in a European factory.
The auto industry invented the blockbuster product "reveal" long before Jobs, with auto execs unveiling new "concept cars" at auto shows in an annual ritual of one-upmanship that continues today. Design Staff , Google Venture''s fantastic blog, has become an online hub for sharing lean UX methodologies.
Called Agile, the process put customers at the center of productdevelopment, encouraged rapid prototyping, and dramatically increased corporate speed and agility. While Agile began as a productdevelopment innovation, it sparked a corporate strategy and process revolution.
After five years, in 2004, Tickle was profitable with more than $20 million in revenue; it received an acquisition offer for $100 million, as well as IPO entreaties. LeanProductDevelopment and Customer Development processes) decreases the chance of a startup’s failure.
In 2004, CEO Knudstrop embarked on a back-to-the-basics journey, and went from a loss of $292 million that year to a profit of $117 million in 2005. That is the lesson learned at Lego — just in time,” says David Robertson, Professor of Practice teaching Innovation and ProductDevelopment at Wharton.
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