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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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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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Cross-Functional Product Development Case Study Roundup

Planview

Improved Efficiencies Help Conagra Brands Speed Global Product Transfer New competitors, the growth of nontraditional retail outlets, and tech advancements in the industry made it imperative to transform how Conagra Brands , home to the world’s longest-standing food processing companies, did business. And this is only the beginning.

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Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms available today.

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Lean Product Development Processes For Innovation And Speed

Innovation Excellence

Through our hands-on work with clients, we have developed a lean product development process. However, we have incorporated selected practices from the agile toolkit to enhance innovation and speed products to market. The beauty of this process.

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Using Product Development Metrics That Motivate at the Team Level

Innovation Excellence

The two most common product development metrics are R&D spending as a percent of sales and revenues from new products over time. There’s no linear relationship between R&D spending and new product success. These metrics, although necessary to track, do not predict a result.

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The 7 stages of NPD and how to effectively manage product innovation

Exago

NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices. The post The 7 stages of NPD and how to effectively manage product innovation appeared first on Exago.