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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Trend #1: Greater Financial Scrutiny on New Product Development Balanced Against Innovation Opportunity While the U.S.

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Cross-Functional Product Development Case Study Roundup

Planview

Cross-functional transparency is necessary for three reasons: Helping guide product investment Efficient resource allocation Speeding products to market For example, IoT disruptions and the demand for connected-smart innovations have added a whole new layer of complexity to successfully bring most physical products to market.

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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. In his paper on Accelerating innovation, Dr. Cooper makes the case that “firms can respond quickly and pivot with innovations.”

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Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

What is clear anyone that does develop a fully integrated platform designed for innovation will certainly disrupt the current way products are managed. We really do need an innovation management platform and does the way that Aras has set about this, give us a working concept design?

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Forget products, innovate your business model

Jeffrey Phillips

Product life cycles are collapsing - I was recently in a conference where a camera manufacturer estimated the average shelf life for a new camera was between 3 and 6 months, or less than half the product development cycle time! Zara, H&M and others are disrupting the fashion industry through a focus on speed.

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Your Guide to Incremental Innovation: Examples and Lessons from Global Brands

Qmarkets

What do you think about when you hear the word innovation ? For many people, it evokes brands that created something so new that it changed the way we interact with certain products or services forever: Uber. First Things First: What is Incremental Innovation? Incremental innovation has agility baked into it.

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How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

There are always new initiatives at every corporation that test the opportunity to build new businesses in new markets and introduce new product innovations (Horizon 2) in an effort to extend existing business models. The corporation must learn to execute in these new areas to stay successful.