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Weekly Blog
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Budgeting in NPD |
An Introduction
Sometimes, innovation is like a wild and crazy roller coaster, where New Product Development Professionals (NPDP) and practitioners enjoy twists and turns in creative, fun developments. Other times, we need to focus on the mundane, day-to-day tasks to achieve success.
Read more here. (About 3 minutes reading time)
Or download the full white paper for just $8.95 (tax included).
Download full paper now
GNPS Premier Members can access the full paper here. |
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Greetings!
Autumn is such a wonderful time of year. Cooling temperatures, fresh harvests of apples, squash, and of course, pumpkins for Halloween.
October introduces autumn in my part of the country and I look forward to the World Series of baseball, weekly college football games, and kids dressed up to trick-or-treat. I also love pumpkin pie!
What are your favorite things about autumn and October? |
Innovation Fun Fact | |
The October Classic
During October, in the United States, Canada, Japan, and parts of Central America, all eyes go to the classic sports match up - the baseball World Series!
 In 1894, Pittsburgh's owner William C. Temple offered a championship trophy to the winner of a best-of-seven-game series between the National League's first and second-place teams. In addition, he stated that the winning franchise would receive 65% of all ticket sales and the losing team would pocket 35%. Temple's novel idea would last for the next three years and helped to build the foundation for baseball's post-season popularity.
Click on the baseball player's glove for a short video to see how bseballs are made. (A short 3-minute video.) |
Recommended Reading | |
The Innovator's Book Club
Come on over to the new Linked In group, The Innovator's Book Club.
It's a new book club, where we hold discussions about innovation literature on-line. Every other month, we'll review and discuss a new book, alternating between a classic (such as Bob Cooper's "Winning at New Products" our current book) or a new release for business innovation.
Join soon, as we're voting now for the next new release book that we'll review and discuss starting in November, and the next classic which we'll start reviewing in January. |
5 Steps to Profitable NPD | |
Simple Ways to Implement Successful Innovaiton in Your Firm
An Introduction
Success in New Product Development (NPD) is an oft-studied, yet sometimes elusive, objective of even the most progressive firms. While some firms view success as achieving the technical goals of an innovation program and others view success as being first to market with a new idea, most companies view success in terms of profitability.
Literally reams of case studies are published yearly as examples of success in NPD. But how do you translate one firm's success in another industry to innovation in your field of expertise?
In this paper, we present five simple steps to profitable NPD. Each is easy to implement. These steps can be put into practice by senior management, NPD project leaders, NPD team members, and/or cross-functional development teams.
- Create a Process.
- Keep it Simple.
- Communicate.
- Kill Bad Projects.
- Conduct Post-Launch Reviews.
Read more here.
Or download the full white paper for just $8.95 (tax included).
Download Now
GNPS Premier Members can access the full paper here. |
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