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Emerging Issues in New Product Development
Report from a PDMA Research Colloquy
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The Philadelphia Chapter of the Product Development and Management
Association recently sponsored a Research Colloquy on the "Future
of NPD: What will we need to know in five years that we don't know
now?". Inngenuity partner Marty Watson was fortunate enough
to attend and has now co-authored a conference short report with
Chris Miller, Founder of Innovation Focus. You can find their
paper in Visions (July/August 2002), XXVI(3), pp 12-13,
available on the PDMA website.
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The participants ultimately put hundreds of thoughts, concerns, problems,
and ideas into 15 buckets, which we repeat here:
"15 Emerging Issues
- The middle space
NPD lies between the obviously continuous and the obviously discontinuous
product innovation.
- General manager's role
Senior managers in NPD; managing the multicellular business organism.
- Forecasting uncertainty
Analyzing NPD risks and comparing the disparate risks of running a business.
- Technology applications
Emerging tools for all parts of NPD.
- Morphing "Stage Gate"
How will the 'standard model' evolve?
- Role of the Internet in NPD
Better communications allow new organizational structures.
- Link to the bottom line
Pulse on the NPD Process within the matrix of business processes.
- Internal PDMA focus
The volunteer organization delivering more to NPD professionals.
- The organizational puzzle
How and why organizational structure inhibits deploying next generation
NPD processes.
- Latter-stage innovation
Case study-based research into NPD process evolution and erosion.
- Brand issues
Migrating NPD into organizations.
- Longevity of the process projects
Knowing when to fold.
- Value Chain Innovation
Employing the core NPD process all along the value chain.
- Wall Street finance
Using detailed financial analysis to improve incremental product development.
- Entrepreneurial
The seeds of tomorrow's innovation may lie in ideas which are considered
disruptive to the NPD process today."
Are any of these your issues? Well, join the dialogue!
You can contact us at:
theInnovators@inngenuity.com
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