Developing and delivering new products should be an easy task. Design and rapid prototyping tools allow us to quickly model and test new designs, and more information than ever is available on consumer trends and buying habits. Despite having all of this technology and information available to us, the literature shows that some 40 percent of new […]
Archives for October 2016
Discovering Value: Why Most Managers Fear and Leaders Embrace Risk
It seems there are innumerable ways individuals and organizations attempt to foster innovation and entrepreneurship. At a macro level, government seeks to create jobs. Academic efforts target the recruitment and retention of top students, offer talented faculty an opportunity to pursue efforts outside traditional education or research efforts, or pursue creative alternate funding mechanisms for […]
Find Value in the Forest, Not the Trees
Developing and delivering successful products and services is a monumental task requiring precise planning and execution plus an element of good fortune. Product managers and designers often focus on packing the new product full of the latest, best, and most desirable features only to have the product fall short of expectations in the marketplace. Market […]
Delivering Value: The Innovation Guidepost
As innovation emerges as a new organizational priority and the field is being developed, what guidepost messages should we leave today to inspire those working in the future to develop better tools, methods and programs? Some 30 years ago, W. Edwards Deming wrote “Out of the Crisis” which established many of the basic principles for […]