new product development process

Accelerate your new product development and service solutions by addressing the complete business, technical, and organizational aspects of your product development.

 




    

 

Accelerating New Product Development

How Leading Companies Drive Development Speed and Productivity


Today, most product development executives find themselves with fewer people, more complex development challenges, and shorter deadlines.

To accelerate new product development in this environment, you need a comprehensive roadmap. Leverage the experience of executives who have successfully attacked these problems from companies including Cisco, Genzyme, Eli Lilly, Johnson Controls, Emerson Electric, Novellus, and Johnson & Johnson. Using the same principles taught in this course, each of these firms has dramatically changed how they drive product development speed and productivity.

You’ll learn how to design a product development strategy that increases speed and productivity. By using a ‘project post-mortem’ technique, you’ll learn how to identify and fix the most critical barriers to achieving faster product development and improved productivity. We’ll show you how to fix the biggest team nightmares before they start. You’ll learn how to use metrics dashboards to guide your portfolio strategy and the execution efforts of your product development project teams.

Key Questions Addressed
bullet We operate by ‘crisis of the moment.’ How do leaders stop the disruption of constantly shifting priorities?
bullet Our development groups are scattered across the globe. What do others do to address this dilemma?
bullet We have too many projects on the table. How do you build the case to rationalize resource supply and demand when all projects are deemed ‘essential’?
bullet We know that most of our products are ‘one-offs’ with little advantage between them. What are the steps others use to increase leverage across product/service efforts?
bullet When we have to do anything truly new and different, it takes forever. What can I do to get our people to face risk rationally without either hiding from it or ignoring it completely?

Course Agenda

Building a Foundation for Faster Product Development
bullet Building your business case and coalition for increasing product development speed
bullet Surfacing the forces driving or inhibiting change in your firm
bullet Making faster product development and customer satisfaction inseparable
bullet Using best product development practices for operational and strategic speed
bullet Incorporating the emerging role of information technology in driving development speed

Exercise: Build the case for speed for your situation
 
Tuning Product Development Portfolio Content and Processes for Speed
bullet Designing ‘minimum viable’ portfolio and project governance structures
bullet  Using portfolio measurement tools to avoid developing near duplicate products and to fill product line gaps
bullet Building a framework and product architecture for re-use in multiple products
bullet Developing alternative portfolio strategies for speed
bullet Identifying and coping with disruptive technologies and change requirements
bullet Using partner-based development/collaboration principles for speed

Exercise: Map your current portfolio
 
Redefining the Development Process: Evolutionary vs. Revolutionary Development Methods
bullet Accelerating the traditional phase-gate process
bullet  Determining when to apply the phase-gate process and when to use an alternate approach
bullet Using a flexible product development process: how to define and design concurrently
bullet Creating time-effective program management processes
bullet Focusing the program manager role on speed
bullet Creating development plans that accelerate clear program definition

Case Exercise: Analyze and redesign the ‘SoftSmarts Company’ product development system
 
Building a High Performance Development Community
bullet Designing the right team for the job
bullet Transforming functional-silo thinking into teamwork
bullet Selecting strategies for successful co-location (real and virtual)
bullet Improving leadership skills for speed
bullet Designing reward and recognition systems for speed

Metrics: Putting a Speedometer on Your Company’s Scorecard
bullet Understanding the difference between business, and research and development metric issues
bullet Defining the measures that support speed and customer satisfaction
bullet Designing and using predictive measures
bullet Building and updating development team dashboards

Implementation: How Product Development Leaders do it
bullet Implementation models
bullet Case studies: Johnson & Johnson, Cisco, and Genzyme
bullet Test drive: implementation plan review
bullet Best practices for rapid progress
   
Application Session: Building your implementation plan


Instructor: Christopher Meyer, PhD
Fees: 2008 - $2495
Credits: 1.4 Continuing Education Units (CEUs)
Dates: June 19-20, October 9-10, 2008
Time: 8:30am - 4:30pm 1st Day; 7:30am - 3:30pm 2nd Day
Program Coordinator: Delores Lee, 626.395.4043

Accelerating New Product Development - pdf brochure

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