Showing posts with label New Product Development. Show all posts
Showing posts with label New Product Development. Show all posts

Wednesday, May 7, 2014

Strategizing, Roadmapping and Executing the Product Line White Paper Available to Download



Paul O'Conner, an expert in the field of New Product Development and a past PDMA president authored the white paper - Strategizing, Roadmapping and Executing the Product Line - which is available for you to download.  The white paper provides an in-depth exploration of product line strategy and roadmapping.  You'll learn the value of product line strategies, their relationship to product line roadmaps, and techniques for successful planning, execution, and communication.
  

www.pdma.org > PDMA Store > Research & White Papers
 

Tuesday, January 7, 2014

Nominate an Outstanding Corporate Innovator


PDMA is looking for the 2014 Outstanding Corporate Innovator. 

This prestigious award recognizes companies with sustained quantifiable business results from new products and services. Past award winners have proven to be exceptional at integrating strategy, people, process, and technology to consistently turn creative ideas into successful products.

A company of any size and in any industry that meets the following criteria would be considered a candidate for the award:

  • Sustained success in launching new products over a five-year time frame
  • Significant company growth from new products                                          
  • Well defined new product development practices and processes that can be described to others
  • Distinctive innovative characteristics and intangibles                               

Self-nominations are encouraged.  Deadline is March 3, 2014.  Winners will be recognized and will share best practices at the 38th International Conference in Denver, Colorado in October 2014. To learn more about the award and submit a nomination form, log onto: www.pdma.org

Tuesday, November 26, 2013

Highlights from the PDMA #PIM13 Conference

Jeff Thompson, Director of Innovation Programs at Aesynt and PDMA Pittsburgh Board Member, shares insights from PDMA's 2013 Product Innovation Management Conference (#PIM13)

I can’t believe it just days before Thanksgiving and I’m finally getting around to record my thoughts after attending the Product Development Management annual conference at the end of October.  It really pains me that the conference was in Phoenix and I’m now looking out of my Pittsburgh office window seeing snow.  (I shoveled it today as well.)

I have not been to the PDMA conference for many years, and frankly did not know what to expect.   My anticipation was high; to be with a group of product development professionals mostly focused on innovation seemed like it had great potential especially since the conference was put together in a highly interactive style.   I knew something about that format since I was recruited as a “thought leader” in two of David Matheson’s sessions.  (I place “thought leader” in quotes because, as I explained to David, I was attending as a student and not as a teacher!  Still I guess I had something to contribute on agile innovation and portfolio management having seen some good and bad on both those fronts.)


As usual I went to the conference with a very specific learning goal (if you don’t do this try it!).  My target was to understand how people were managing the early phases of development of radical innovation; that nasty stage that follows the ideation and framing of the concepts when you begin to scale the development team.  It’s a really tough spot and one I thought where we at Aesynt (formerly McKesson Automation) could do better.   Retrospectively having this singular focus was about like going hunting with only one arrow in your quiver – but hey this sure seemed like the group that would know the secret sauce to successful radical innovation.  I planned to ask.

What a positive initial impression.  The meeting was at the Arizona Biltmore; so that meant inspiration by the architecture of Frank Lloyd Wright  … works for me!  I have no idea if the planning committee thought about the importance of surroundings and artistic and environmental inspiration as part of innovation, but I do and this setting was great!  It was easy to find attendees sitting around the fire pits , tv’s, and of course the bar and so it was simple to get conversations going.   The first night I spent some time meeting the conference planning committee who horned in on my exclusive fire pit which I claimed early in the evening. (I forgave them!)

So after two conference days did I get the answer to my question?   Well yes and no.  No one came forward and divulged the secret sauce.  As usual the word “innovation” created a challenge.  Some things referred to as “innovation” certainly did not fit my definition; others however did.  They seemed to involve different process and different metrics; not just early in the process but far into the development cycle.   As I reflected on what I heard in the sessions, during the breaks, and in the interactive sessions I realized I got at least part of my answer.


The early stages are really different for radical innovation.  In the best practices we go on planned learning journeys, value learning plans and options, are excited when we learn, and we expect to pivot (change direction) as we learn.  We use design thinking, not the scientific method; we want to learn fast and be directionally correct.  “Not this way” was a great answer for us in radical innovation.  It’s not anywhere near a straight line and our tools and techniques don’t expect it to be.

On the contrary the best practices of those with incremental innovation (or line extensions) used QFD, liked a detailed stage gate methodology, and seemed to transition very quickly from the concept stage to a very explicit project plan – all in a very straight line and according to schedule.  

Interestingly enough once both reached the requirements and PRD point the next steps in the development process looked eerily similar.  That is until the end, commercialization. 

At commercialization the radical innovators wanted to talk about throttling (and learning), re spinning, and being very cautious in how quickly they scaled.   They spoke of controlling leadership and shareholder growth expectations.
Enter those incremental innovators (or line extensions); they could not fathom why you would not want to put your foot in it.    We’ve got to scale quickly to build market position; after all we are being followed!  Our ROI demands rapid adoption (and our “s” curve is going to top out quick)

So I got my answer and am now off trying to figure out how to make those improvements; to recognize these differences.  To be sure we respect those differences and apply them properly to the program at hand.  (No one said that the application of the knowledge would be easy, but I have my start.)


So would I attend the PDMA conference again?  You bet!


(These are Jeff’s personal thoughts and do not represent opinions or views of Aesynt or PDMA)

Thursday, September 19, 2013

PDMA Pittsburgh Welcomes New Board Members



We would like to welcome two new Pittsburgh Chapter Board Members:



Eric Anderson is an associate dean for the College of Fine Arts and associate professor of industrial design in the School of Design at Carnegie Mellon University. He is also a co-director of the Master of Product Development Program, a unique program between the engineering, design, and business. He co-teaches the award winning Integrated Product Develop (IPD) capstone course for MPD along with faculty from mechanical engineering and business. He also teaches undergraduate industrial design studios.


Eric is a Chairman Emeritus for the Industrial Designers Society of America (IDSA) Board of Directors having served several years prior as an officer working with talented practitioners, educators and staff to shape strategy, policy and programs to improve the society and support the discipline. He is also a member of the IDSA Academy of Fellows. Prior to joining academia, he spent over a decade as a full time design practitioner for corporate departments and consulting firms based in New York, New Jersey, and Philadelphia and designed products that include medical instruments, tradeshow exhibits, corporate identities, and consumer products.


Connie Palucka is the Managing Director of Business Growth Services at Catalyst Connection and leads the consulting team that works directly with manufacturers to help them achieve their growth goals. She joined the company in 2005 and brings over 20 years of experience in the chemical, catalysis and nuclear power industries.


Before joining Catalyst Connection, she directed global sales teams, participated in and led product development programs, and successfully executed a number of strategic initiatives that included the development and commercialization of new technology, the improvement of various internal processes to build value-added capabilities, and the building of alliances to achieve strategic goals.


Thursday, September 12, 2013

Sept16th Innovation Forum Focuses on Big Ideas



In a world full of problems, why are we so focused on redoing what has already been done? Can we really say that the world is better off because of our work? Could we do better work, more important work?


Join us at Catalyst Connection on Monday, September 16th for the next Innovation Forum - "Why Aren't We Doing Big Ideas Anymore?:  A Call to Arms For New Product Development Professionals" - presented by Chris Miller, Ph.D., NPDP. 

As innovation professionals we have a special responsibility to lead, to show the way, to make a difference. It’s not about process, though process is important; it’s not about voice of the customer, though those who choose to ignore the customer do so at their own peril; it is not about technology mapping, or open innovation, culture or cross-functional teams, as important as these things are. Success in innovation is driven by a passion to bring technology into the service of humanity in a meaningfully differentiated way.

Registration and networking will begin at 5:00pm and the presentation will start at 6:00pm.  The cost is $25 for members and $35 for non-members. Register Early. Seating is very limited!

To learn more and to register, log on to www.pdma.org > Community > US Chapters > Pittsburgh > Events

The Fall Programming Schedule is being finalized and will be communicated soon. If you have any recommended topics or speakers, please email your suggestions to David Charlton, Vice President of PDMA Programming, at david@david-charlton.com.

Friday, June 21, 2013

Connect with us on Twitter @PDMApittsburgh



#PDMApittsburgh #InnovatePittsburgh