Stop Chasing ‘Faster Horses’
Blog: PDMA Blog | Posted By: Elizabeth Conner | Released: August 2, 2016, 7:54 am
Henry Ford is credited with remarking, “If I had asked people what they wanted, they would have said faster horses.” Ford knew that innovation has its roots in a keen understanding of peoples’ needs rather than product improvements.
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Faulty Research: The Root of Many Failures and Under Performance
Blog: PDMA Blog | Posted By: Alexander Edsel | Released: April 19, 2016, 12:43 pm
Faulty Research: The Root of Many Failures and Under Performance
Research is a fundamental and crucial aspect of properly executing product development and management. From understanding demographics to discovering the needs of the marketplace, product development professionals need solid data to
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PDMA India Revitalized in 2016
Blog: PDMA Blog | Posted By: Bharathi L | Released: April 19, 2016, 12:07 pm
Today all over the world the most successful product companies are creating a significant percentage of wealth for their respective nations. These companies that excel in New Product Development (NPD) and Innovation are the leading companies in their respective category. In other words, these compan
2 Comment(s) — Latest:May 15, 2016 08:22 AM | Average Rating: 3.0/5.0 (1 ratings)
Book Review: The Agility Advantage
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: July 19, 2016, 7:59 am
Today, customers will change brands and products based on the newest feature sets and rapidly evolving social trends. A company cannot follow a stagnant strategy that fails to adapt to erupting market needs and widespread technological volatility. To survive against clever global competitors, a comp
1 Comment(s) — Latest:Sep 19, 2016 12:03 AM | Average Rating: 3.5/5.0 (2 ratings)
Book Review: The Savvy Corporate Innovator: Key Strategies to Get Your Big Idea Funded in 30 Days
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: September 11, 2015, 8:40 am
The Savvy Corporate Innovator: Key Strategies to Get Your Big Idea Funded in 30 Days by Dorian Simpson. Kingsley Publishing Group: Portland, OR (2015). 339 + xix pages. US$29.95 (hardback).
Dorian Simpson’s new book, The Savvy Corporate Innovator, is targeted to the well-known chal
Webcast: Meeting a Company’s Competitive Needs, Today and Into the Future
Blog: PDMA Blog | Posted By: Mark A Hart, NPDP | Released: March 13, 2015, 2:01 pm
During this webcast, Jay Walker will explore how to use the US patent system as an effective instrument for knowledge sharing and technology transfer.
Book Review: Catalyzing Innovation
Blog: PDMA Blog | Posted By: Michelle Greenwald | Released: December 17, 2014, 3:19 pm
Catalyzing Innovation is a visual, strategic, inspirational, and instructional guide to help students, firms and entrepreneurs learn how to innovate more methodically, completely & creatively. The premise applies to business-to-business, business-to-consumer, non-profits and the arts. The book in
1 Comment(s) — Latest:Dec 19, 2014 03:47 AM | Average Rating: 0.0/5.0 (0 ratings)
Book Review: Open Innovation: New Product Development Essentials from the PDMA
Blog: PDMA Blog | Posted By: Elizabeth Conner | Released: November 18, 2014, 1:42 pm
Product innovation processes have not always been “hard walled.” They haven’t always shunned outside input or jealously guarded against leaks to the outside world.
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Keurig Kold So-Duh Machine: The Tale of an Undead
Blog: PDMA Blog | Posted By: Elizabeth Conner | Released: July 13, 2016, 9:16 am
Less than 10 months after the official Keurig Kold launch, it lost its fizz. Keurig, which built its empire on single-serve, pod-based beverages, just announced its discontinuation of Kold, the expensive home soda machine.
Webcast: 5 Key Lessons for Successful Portfolio Optimization
Blog: PDMA Blog | Posted By: Mark A Hart, NPDP | Released: June 28, 2016, 2:53 pm
Getting to the right portfolio is critical for growth and cost management. Reshaping your portfolio to one that will inspire customers, make money for the business and spur further growth is crucial. In this session, Stephen Wilson, managing partner and co-founder of Wilson Perumal & Company, will d
PDMA India: Driving Innovation by Addressing Customer Needs
Blog: PDMA Blog | Posted By: Jegan Jayabal | Released: June 14, 2016, 8:16 am
Driving Innovation by Addressing Customer Needs
More than 40 percent of the companies that were at the top of the Fortune 500 list in 2000 were no longer there in 2010 (Source: Brian Solis’ Future of Business), illustrating how important innovation is in fuelling continuous growth and business sust
Book Review: Design Thinking
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: June 14, 2016, 7:55 am
Design Thinking edited by Michael G. Luchs, K. Scott Swan, and Abbie Griffin. Wiley: Hoboken, NJ (2016). 411 + xvii pages. US$55.
Design thinking is an emerging trend in product development to enhance the customer experience with products. Further, it increases engagement of the entire product
Call for Papers: Special Issue of Journal of Product Innovation Management: “Contemporary Issues and Critical Challenges on Innovation in Services”
Blog: PDMA Blog | Posted By: Gloria Barczak | Released: June 3, 2016, 8:40 am
CALL FOR PAPERS
Special Issue of Journal of Product Innovation Management:
“Contemporary Issues and Critical Challenges on Innovation in Services”
Aron O’Cass, The University of Tasmania
Martin Wetzels, Maastricht University
Motivation and Overview
In a recent article, Ostro
PDMA Pittsburgh Chapter Explores the Internet of Things (IoT)
Blog: PDMA Blog | Posted By: Elizabeth Conner | Released: May 19, 2016, 5:09 am
The PDMA Pittsburgh Chapter invited C.J. Handron, Co-Founder and CEO of Diamond Kinetics, to speak during the May Innovation Forum. More than 40 product development professionals gathered in downtown Pittsburgh to learn how Diamond Kinetics is helping to transform the baseball industry through the
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Book Review: Making Innovations Happen: Fostering Innovations by Inducing Foresight
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: May 16, 2016, 1:53 pm
Making Innovations Happen: Fostering Innovations by Inducing Foresight by Ravi Arora. CreateSpace Publishing (2015). 238 + xiv pages. US$15.85.
Book Review by Teresa Jurgens-Kowal, PhD, NPDP
Ravi Arora’s new book, “Making Innovations Happen” offers a unique perspective to holistic innovation. Aro
Product Managers Guide to Mutiny
Blog: PDMA Blog | Posted By: Sid nair | Released: April 27, 2016, 9:31 am
Originally published on LinkedIn, July 5, 2015
You’ve joined an organization and two months in have realized that your team is building the wrong product. You are conflicted between holding steady or changing course! Here are three steps to product management mutiny:
You have to ta
Book Review: No One Understands You and What to Do About It
Blog: PDMA Blog | Posted By: Charles Hammer | Released: April 19, 2016, 12:44 pm
I like to think of myself as smart, funny, not too ugly, and the kind of person who gets things done. But what if I discovered that most of my colleagues find me dull, dim, and just plain ugly? Would it matter to me professionally? As a product manager who relies on people across the organization to
Exploratory PD® Harnesses the Power of an ‘Adaptive’ Product Development Process to Manage Uncertain
Blog: PDMA Blog | Posted By: Mary Drotar, NPDP | Released: March 29, 2016, 10:28 am
Last week we introduced the PDMA Chicago Chapter to Exploratory PD (ExPD), the new approach to product development covered in our presentation at the PDMA annual conference in November 2015. ExPD is unlike traditional phased and gated processes, which prescribe standard activities used for all proje
The Innovator’s Method
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: March 15, 2016, 3:46 pm
Lean methods are spreading well beyond the manufacturing floor. Debottlenecking business processes, like innovation, is an emerging trend along with design
The 3 Things to Consider Before Launching Agile Development
Blog: PDMA Blog | Posted By: Irene Spitsberg | Released: March 4, 2016, 11:01 am
There are two reasons why Agile growth strategies and innovation processes receive so much attention today. The first reason is speed. In a quickly changing market environment, companies want to innovate faster. The second reason connects to the notion that Agile development is a way to quickly expl
Book Review: Innovation Governance: How Top Management Organizes and Mobilizes for Innovation
Blog: PDMA Blog | Posted By: Elizabeth Conner | Released: February 16, 2016, 3:23 pm
Innovation Governance: How Top Management Organizes and Mobilizes for Information. Deschamps, Jean-Philippe and Beebe Nelson. San Francisco, CA: Jossey-Bass (2014). 361+xvi pages. US$34.50.
Book Review by Jerry Mulenburg
This book emphasizes the two most important requirements that drive inn
Book Review: Superforecasting: The Art and Science of Prediction
Blog: PDMA Blog | Posted By: Charles Hammer | Released: January 20, 2016, 5:30 am
Superforecasting: The Art and Science of Prediction, Philip E. Tetlock and Dan Gardner. Crown Publishing, 2015. 352 pages. US$28.00
Book Review by Charles Hammer
Understanding the needs of your customers today is hard. Anticipating the future needs of your customers when you release a new produ
Book Review: Breaking Failure
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: December 17, 2015, 9:25 am
In “Breaking Failure”, author Alexander Edsel has created a rich story that removes the mystery surrounding product success and failure, offering a refreshing blend of street wisdom and classical theory to apply problem-solving techniques from other disciplines into the crazy world of marketing an
Change and Experience Create Valuable Employees
Blog: PDMA Blog | Posted By: Kelly Mantick | Released: October 13, 2015, 6:22 pm
By Howard W. Stolz, PMP
Working at a company for 10 to 20 years may have been the norm in the past, but increasing competition is forcing companies to change and adapt quickly, and in that environment, individuals with broad skills and experience are highly valued. Having worked in California’s Sil
Agile Strategies and Start-up Thinking in Large Companies: How to Make It Actually Work
Blog: PDMA Blog | Posted By: Irene Spitsberg | Released: October 1, 2015, 8:53 am
Agile Innovation and Lean Startups concepts have been around for a while. But if you ever tried to apply these entrepreneurial concepts in a large company, then you know that it is quite challenging and can be frustrating. (I know this from my first-hand experience). The reason for this is actually
Cracking the Code: How to Innovate and Execute Great Ideas
Blog: PDMA Blog | Posted By: Irene Spitsberg | Released: September 17, 2015, 12:12 pm
There is myth and mystique surrounding innovation, namely that its key lies in finding great ideas and selecting the best ones. However, this quickly dissolves when these ideas meet the challenges of execution. The troubling fact is that as companies are pursuing entrepreneurial and intrapreneurial
Webcast: 5 Ways to Build Your Customer into the Front End of Innovation
Blog: PDMA Blog | Posted By: Mark A Hart, NPDP | Released: September 16, 2015, 7:16 am
Join us to find out about a step-by-step system of tools and activities you can use WITH your customers at the front end of innovation to make sure that you’re developing products that meet real needs.
Webcast: Agile Strategies and Start-up Thinking in Large Companies: How to Make It Actually Work
Blog: PDMA Blog | Posted By: Mark A Hart, NPDP | Released: September 9, 2015, 3:15 pm
During two webcasts, Irene Spitsberg will share a unified framework that any company can apply to build an efficient innovation system - and one that works with your structure and specific innovation objectives.
Looking into the Crystal Ball of Innovation
Blog: PDMA Blog | Posted By: Kelly Mantick | Released: August 27, 2015, 11:33 am
Every new product that you create today serves to solve a problem or provide a solution for tomorrow. PDMA Annual Conference keynote presenter Joe Tankersley explains the importance of strategic foresight in his article “Look to the Future for Today’s New Ideas.”
Is the Term 'Value' Just Another Cliché?
Blog: PDMA Blog | Posted By: Kelly Mantick | Released: August 21, 2015, 8:31 am
The word “value” is quickly becoming a corporate mainstay, but has it lost some of its meaning through overuse? In Gerry Katz’s article “‘Value Creation,’ ‘Value Added’ and Other Business Clichés: Does VOC Have Anything to Do with This?” he addresses this question.
The Seven Blind Mice, or Why the Execution of Innovation Fails.
Blog: PDMA Blog | Posted By: Irene Spitsberg | Released: August 19, 2015, 9:29 am
Organizations tend to spend most of their innovation efforts on generating, evaluating and selecting ideas. While this is important, the real challenge emerges when attempting to bring these ideas to market.
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Transfomative Innovation Is the Model of the Future
Blog: PDMA Blog | Posted By: Kelly Mantick | Released: August 14, 2015, 7:35 am
When the old definition of innovation no longer works, where do you turn? In Michael Docherty’s article “Collective Disruption: A New Model for Transformative Innovation” in Visions Issue 2 2015, he explains that core innovation is no longer enough –
Book Review: Business Model Innovation: Concepts, Analysis, and Cases
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: July 14, 2015, 7:33 am
As anyone who works in innovation knows, the world is changing rapidly. Not only is technology advancing at a faster pace than ever, global markets are opening and
Book Review: Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting
Blog: PDMA Blog | Posted By: Teresa Jurgens-Kowal, PhD, NPDP | Released: June 16, 2015, 10:05 am
Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting by John E. Triantis. CRC Press, 2013. 405 + xxix pages. US$104.95 (hard cover).
Working in new product development (NPD), we are faced with decisions and trade-offs on a daily basis. Moreover, we are challenged to ensu
Can Large Companies Really Innovate Like Startups?
Blog: PDMA Blog | Posted By: Irene Spitsberg | Released: June 2, 2015, 2:05 pm
Can Large Companies Really Innovate Like Startups?
Large companies are not start-ups and never will be. They are designed and operate differently. To innovate effectively, large companies can’t just replicate start-up principles. Rather, they must adapt them in ways that are smart and tailored to t
Book Review: Soft Skills Revolution
Blog: PDMA Blog | Posted By: PDMA Headquarters | Released: May 19, 2015, 11:54 am
This book provides a clear definition of what “soft skills” are, a detailed description of their relevance, and an understanding of how to develop them in individuals and teams. Although the title states that the primary audience for the book is trainers and teams, the content is equally essential t
Book Review: Open Innovation Research, Management and Practice
Blog: PDMA Blog | Posted By: Paulo S. Figueiredo | Released: March 18, 2015, 7:37 am
The concept of open innovation (i.e. innovating with partners by sharing risk and sharing reward) has become increasingly popular in the literature on technology and innovation. For example, Tom Malone was one of the first authors to explore this concept (2004).
The Best Way to Gather Input to Your Product Roadmap? Think Customer Advisory Boards
Blog: PDMA Blog | Posted By: Stacy Schuble | Released: March 10, 2015, 8:53 am
As a Product Development or Product Management professional, are you confident the products, solutions or services you have planned (or even already under development) will be accepted – i.e. purchased – by your market?
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Book Review: The Wide Lens: What Successful Innovators See That Others Miss
Blog: PDMA Blog | Posted By: Teresa Kowal | Released: February 18, 2015, 10:27 am
Even with a systematic approach to innovation, including customer focus and advanced technologies, new products can fail when commercialized.
Book Review: Innovation and Growth: What Do We Know?
Blog: PDMA Blog | Posted By: Adam Gardner, NPDP | Released: January 14, 2015, 8:57 am
Innovation and Growth is a collection of papers authored by faculty members of the Olin Business School at Washington University in St. Louis, Missouri, and edited by Anjan Thakor. Each of the papers or chapters included in this book is a self-contained piece of work.