Here are a few new product development articles that capture our take on the product development process.
We have seen new product development at close quarters, in real world, in all sorts of environments. We have developed new products for big organizations with big budgets, huge formal milestone and schedule charts, design review meetings, processes and politics. We have developed new products where the entire product development process was two phone calls. We have developed new products for small companies that had a wish list a mile long but a small budget. We have developed new products where the schedule was a year out, and we have developed new products where the schedule was a week and it had to be done or else... I think you get the picture.
Through all this we figured out a few things that work in real life. They had to because our own money was at stake here. We were aided by the academic literature that helped us make sense of our experiences in the new product development process.
So without further ado:
Cutting costs in new product development will raise costs
New Product Development, Queuing Theory, Non Linear Processes
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