Product Innovation

Turn Ideas into Products that Ship

Innovation cannot happen in a vacuum. It requires customer and product development feedback throughout the product development process. The better you collaborate and engage with your customers, the greater opportunity you’ll have to collect and execute on more refined and clearer requests that address their pain points and align with your business objectives. 1. Align innovation to your business strategy. ...

Read More »

20 Tips for Ideation Excellence

The fuzzy front end of innovation confronts you with a lot of questions. In my new book ‘Creating innovative Products and Services’ I try to solve them with the FORTH innovation method. The fuzzy front end is the nickname for the start of innovation or ideation phase. Getting innovative ideas is a vague process. It’s considered as hard to do. ...

Read More »

The Search for Innovations

In a world of large organizations and diverse global hotspots for R&D, innovation occurs everywhere. Companies can tap those innovations through search processes, which may be cheaper and more effective than only using traditional “start from square one” R&D efforts.

Read More »

Seven Managers Struggling With Innovation

The reason why a lot of managers struggle with innovation is because they are too far removed from the commercial reality. Neal Thornberry, professor of Management at the American Babson College, explains it as follows: Marketing presentations take the place of real opportunity analysis. They don’t know if they can make it, if anybody will buy it, for how long, at what price and how they will defend it against people trying to steal their market.

Read More »

Your Implementation is Complete. Now, Where is the ROI?

Envision this situation: You and your team have successfully made it through go-live of your product portfolio management (PPM) software solution and you now have a system that is operational and being used to drive more effective decision making in the business. Things are going well until an executive asks you if the program is generating the benefits committed to in the business case. You stare at the executive blankly and stumble through the words, “I think so.” What do you do now?

Read More »