Product Innovation

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. ...

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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.

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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.

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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?

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Design Engineering or Engineering Design?

There has always been confusions among people between industrial/engineering design and design engineering. And the same confusion applies to art school and design school which the lines are often blurred. Standford D-school was originally a engineering school, Brunel is an engineering school, Rhode Island is an art school, Arts Center is a design school, RCA is an art school but certain grad programs are more like design engineering school. The lines are fast blurring. Many students are confused. That's where definitions help!

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7 Tips for Managing Launch Complexity

Product launches are complex. That was the main takeaway of the PDMA 2010 Lab E – Launch for Commercial Success which I had the privilege of attending last week. The session kicked off with an apt and literal example: a NASA launch. When NASA launched the Saturn V, its engineers were depending on the successful integration of two million distinct ...

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