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Viewpoints about 'New Product Development'
Three Pragmatic Strategies for Leveraging Consumer Empowerment in Co-Creation
When inviting consumers to join your co-creation process it's important to keep the focus on the community - this builds loyalty and develops widespread ownership. Read More
Topics: Co-creation, Consumer Empowerment, Consumer Engagement, New Product Development, NPD Consulting Firms, Zach Friedman
Participation Allocation as a Key Tool in Creating Consumer Empowerment
In order to truly invest consumers with a consumer empowerment strategy, it's important to be thoughtful about the participation model through which you empower them to join you in developing new products. Read More
Topics: Co-creation, Consumer Empowerment, Consumer Engagement, New Product Development, NPD Consulting Firms, Zach Friedman
Co-creation as a Consumer Empowerment Strategy
Including consumers in your new product development process
Consumers are no longer willing to accept “off the shelf” targeting and mass-market products; they demand engagement with the companies they purchase from. Read More
Topics: Co-creation, Consumer Empowerment, Consumer Engagement, New Product Development, NPD Consulting Firms, Zach Friedman
Using Technology Development (TD) to Unleash Your NPD
Senior manager Michael Glessner recently spent the day with a company whose R&D leadership was voicing concerns about their new product development (NPD) performance. Too often, projects missed scheduled gate review dates. Project teams and their executive sponsors placed the blame on a number of factors, while wondering how to improve things next time. Read More
Topics: Joe Dury, Michael Glessner, New Product Development, New Product Development Execution, NPD, NPD Execution, NPD Performance, NPD Portfolio, R&D, R&D Leadership, R&D Management, R&D Strategy, R&D Teams, Risk Management, Roadmapping, TD, Technology Development
Kill New Product Development Projects Faster!
The most successful executives kill New Product Development (NPD) projects as early in their development cycle as possible. It might sound cold, but choosing to relentlessly evaluate the merits of NPD projects early on pays dividends in the long run. Read More
Topics: Business Case, Business Case Valuations, Decision Making, Development Lifecycle, Gate Review, Gatekeepers, Innovation, Michael Glessner, New Product Development, New Product Development Execution, Noel Sobelman, NPD, NPD Performance, NPD Projects, Phase Gate, Phase Gate Meetings, Product Development, Stage Gate, Stage Gate Meetings, Stage-Gate
Achieving Breakthrough Innovation: Five Steps to Dealing with Risk and Uncertainty
How many times have you heard, “great idea” and, “risky” in one sentence? If you’re a company wanting to make a big jump in innovation, the answer is, plenty. Read More
Topics: Breakthrough Innovation, Decision Making, Innovation, Innovation Process, Innovation Process Management, Manage Risk, Manage Uncertainty, Miton Adhikari, New Product Development, NPD, NPD Execution, NPD Innovation, Peer Reviews, Phase Gate, Phase Gate Meetings, Project Evaluation, Resource Allocation, Resource Management, Risk Management, Risk Mitigation, Stage Gate, Stage Gate Meetings, Uncertainty Tracking
The Project Management Podcast Episode 216: Using Agile for Consumer Goods Development
Matt Priest was invited to join Cornelius Ficht, host of PM Podcast, to discuss how the agile software development process applies to new product development in the consumer goods industry. Listen to the interview below and follow it up by reading the complementary Viewpoint Agile Development Models for Consumer Goods - Not Just for Software Anymore. Read More
Topics: Agile, Agile Development, Agile Software Development, Consumer Goods, CPG, CPG Innovation, Matt Priest, Matthew Priest, New Product Development, Podcast, Product Development, Project Management
Cross-Learning and Best Practice Sharing at Professional Pricing Society’s Spring Conference
Now into its 23rd year, the Professional Pricing Society (PPS) rang in its Annual Spring Conference in Chicago on May 8-11. The four-day symposium was attended by over 500 pricing professionals from various industries. It was elevating for members of Kalypso’s Value Management team - James Weaver, Reed Shelger, Jenna Dudevoir and me - to listen to a diverse representation of keynote speakers and subject matter experts. Read More
Topics: Aakash Upadhyaya, Innovation, James Weaver, Jenna Dudevoir, New Product Development, Price Management, Price Strategy, Pricing, Pricing Articles, Pricing Events, Pricing Execution, Pricing Strategies, Pricing Strategy, Pricing Value Management, Product Development, Reed Shelger, Value, Value Analytics, Value Management, Value Pricing, Value Selling
Pricing Is Not an Afterthought
Leading Strategies for Pricing Early in the Product Development Process
There’s a leading luxury car maker that performs an average of 100 more safety tests than those performed on a non-luxury car. They successfully sell the car in the market for $280,000. A well-known online retailer has one of the cheapest and most popular e-readers in the market at $79. So what is common between these two firms with winning products at different ends of the pricing spectrum? Read More
Topics: Ankur Sood, Economic Value Bridges, James Weaver, Kalypso Value Management Pricing Practice, Lifecycle Pricing, New Product Development, New Product Pricing, Pricing, Pricing Articles, Pricing Strategy, Product Development, Product Pricing, Product Profitability, Value Analytics, Value Management, Value Mapping, Value Maps, Value Pricing, Value Selling
Evolution and Innovation
What Darwin can teach business about innovation, survival and growth
The theory of "biological evolution of species" proposed by Charles Darwin in 1859 could very well have been the “evolution of businesses". The concept of survival of fittest is as true for businesses as it is for living organisms. Read More
Topics: Culture, Ideation, Innovation, IP, Leadership, Leadership Team, Manufacturing, New Product Development, Perspective, Portfolio Management, Product Development, Strategic Innovation, Strategy
Fantasy Innovation Picks
Football season is underway which means it is time for fantasy football, where you get to be the general manager of your own team. If your friends are anything like ours, they use elaborate strategies to pick the right combination of players - from assessing quarterback ratings across stadium locations, betting on the right number of rookies to veterans, to picking personal favorites. Read More
Topics: New Product Development, Nova, Nova for PPM, Nova Model, Nova PPM Model, NPD, NPD PPM, Pipeline and Portfolio Management, Pipeline Management, Planview, Planview Enterprise, Planview Horizons, Planview PRISMS, Portfolio & Pipeline Management, Portfolio Management, Portfolio Management Consultants, Portfolio Management Consulting, PPM Implementation, Product Development, Product Innovation
Your Checklist Post-PIPELINE 2011
And just like that, we're already a week post PIPELINE 2011, the premier virtual conference on innovation, product development and portfolio management. This year's conference had a jam-packed agenda and hundreds of attendees visiting virtual booths and chatting with sponsors. Read More
Topics: Bill Poston, Innovation, Innovation Conferences, Innovation Consultants, Innovation Consulting, Innovation Events, Jenna Dudevoir, Kimberly-Clark, New Product Development, Open Innovation, Pipeline, Pipeline 2011, Pipeline Management, Planview, Portfolio & Pipeline Management, Portfolio Management, PPM, PPM Conference, PPM Events, PPM Software, PPM Solutions, PPM Systems, Product Development, Semi-Open Innovation, Squeeze Play, Third Party Gatekeeping
The Squeeze Play: Not Just for Baseball
What could baseball and innovation possibly have in common? Hint: swinging for the fences isn't always the way to win the game. Read More
Topics: Bill Poston, Innovation, Innovation Conferences, Innovation Consultants, Innovation Consulting, Innovation Events, Jenna Dudevoir, New Product Development, Open Innovation, Pipeline, Pipeline 2011, Pipeline Management, Planview, Portfolio & Pipeline Management, Portfolio Management, PPM, PPM Conference, PPM Events, PPM Software, PPM Solutions, PPM Systems, Product Development, Semi-Open Innovation, Squeeze Play, Third Party Gatekeeping
Kalypso Wins Intergalactic Consulting Award
We are pleased to announce that Kalypso has been recognized with the 2011 Intergalactic Consulting Award. The firm was selected for our “explosive growth” and unique blend of innovation and strategy. Read More
Topics: 2011 Seven Small Jewels, 2011 Small Jewels, Bill Poston, Consulting, Consulting Award, Consulting Careers, Consulting Magazine, Consulting Magazine Small Jewels, George Young, Innovation, Innovation Strategy, Intellectual Property, IP, Kalypso, Kalypso Careers, Kalypso Difference, Kalypso Kares, Kalypso Mission, Kalypso Revenue, Kalypso Revenue Growth, Kalypso Small Jewels, Kalypso Values, Kalypso Vision, Kalypsonians, New Product Development, PLM, PLM Systems, Product Development, Product Lifecycle Management, Seven Small Jewels, Small Jewels, Strategy
Social Media and Product Innovation
Early Adopters Reaping Benefits amidst Challenge and Uncertainty
This white paper explores social product innovation trends, shares results and use cases from our research and provides practical recommendations for companies looking to get started. Read More
Topics: E 2.0, E20, Enterprise 2.0, FEI, Front End of Innovation, Innovation, New Product Development, NPD, NPI, Perspective, PLM, PLM Strategy, Product Development, Product Innovation, Product Launch, Product Lifecycle Management, Product Management, Social Computing, Social Innovation, Social Media, Social Networking, Social Product Innovation, Web 2.0
Social Product Innovation: It’s More Than Facebook
If you think social media equals Facebook, watch this video. How are you using social media for product development? Read More
Topics: E20, FEI, Front End of Innovation, Innovation, New Product Development, NPD, NPI, PLM, PLM Strategy, Product Development, Product Innovation, Product Launch, Product Lifecycle Management, Product Management, Social Computing, Social Innovation, Social Media, Social Networking, Social Product Innovation, Video, Web 2.0
Social Product Innovation
Utilizing Social Media to Enhance Your Innovation Potential
Social Product Innovation leverages the best available social media and social computing technologies to support product development, innovation and business goals, budget, programs and resources. Read More
Topics: Brochure, E20, FEI, Front End of Innovation, Innovation, New Product Development, NPD, NPI, PLM, PLM Strategy, Product Development, Product Innovation, Product Launch, Product Lifecycle Management, Product Management, Social Computing, Social Innovation, Social Media, Social Networking, Social Product Innovation, Web 2.0
Sugar Foods Optimizes Processes for Product Introduction, Formulation Control & Risk Mitigation
Over the last few years, the number of new products and product changes that Sugar Foods manages has grown exponentially. In addition, well-publicized food recalls led to an increase in the amount of information that customers now routinely request for risk mitigation and product information purposes. Read More
Topics: Agile, Case Study, CPG, F&B, Food and Beverage, Food Manufacturing, Formulation Control, New Product Development, New Product Introduction, PLM, PLM for Process, PLM Vivo, Product Lifecycle Management, Risk Mitigation
A Sweet Solution: Sugar Foods Sweetens New Product Launch Processes
Featured in CGT Magazine
Sugar Foods optimizes processes for product introduction, formulation control, and risk mitigation. Read More
Topics: Agile, Article, Compliance, F&B, Food and Beverage, Formulation Control, New Product Development, New Product Introduction, NPD, Oracle, PLM, PLM for Process, Product Development, Product Launch, Product Lifecycle Management, Risk Mitigation, Spec Management, Sugar Foods, Traceability
Bowl Championship Series Rankings & New Product Development Scoring Systems
A computer doesn’t adequately account for heart and character
So my Longhorns lost the Bowl Championship Series (BCS) National Championship game to a team named after an algae bloom. Not that I am bitter, but I believe that Sandra Bullock deserves to win Best Actress for pretending to be all hot and bothered when meeting Nick Saban in The Blind Side. I don’t like that guy and neither does she. Read More
Topics: Blog, New Product Development, NPD, NPD scoring, Scoring systems
Bowl Championship Series Rankings & New Product Development Scoring Systems
A computer does not adequately account for heart and character
So my Longhorns lost the Bowl Championship Series (BCS) National Championship game to a team named after an algae bloom. Not that I am bitter, but I believe that Sandra Bullock deserves to win Best Actress for pretending to be all hot and bothered when meeting Nick Saban in The Blind Side. I don’t like that guy and neither does she. Read More
Topics: Bill Poston, Innovation, New Product Development, NPD, Perspective, Pipeline Management, Portfolio Management, Portfolio Prioritization, Portfolio Rationalization, PPM, Project Selection, Scoring Systems
Thinking Strategically About PLM: Top 10 Transformational Objectives
Numerous analyst reports over the years have reported that companies taking a strategic approach to PLM are the most successful in generating returns on their program investments. These best-in-class companies are thinking strategically about PLM and are delivering significant top- and bottom-line benefits. More importantly, they are outperforming their peers that are taking a more tactical approach. But what does it mean for a company to take a strategic approach to PLM? Read More
Topics: New Product Development, NPD, PLM, PLM Articles, PLM Programs, PLM Strategy, Product Data Model, Product Data Record, Product Lifecycle Management