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THE VILLAGE
a newsletter for the global NPD community
The Village in July
Innovation Fun Fact: How they make paper
Featured Article: How to Manage an NPD Project
Recommended Reading: Innovate Products Faster
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Project Management
 
We'll soon be hosting webinars on Project Management.  Send me an email if you're interested in a quick tour of our popular ebook!
 
Get  a copy of our newest ebook - Practical Project Management in a Nutshell. 

In simple terms, the stages of project management are described and we give you several tips to implement today!

Available from Get to the Point Books, a digital book publisher.
Project Management e-book

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July 2012

 Greetings!     

 

I hope your summer is packed with fun and family!  Summer is a great time to catch up on the latest in innovation and other business models.  I've spent my summer focusing on project management and I hope you'll also benefit from learning more about these skills.

 

This month's selected feature is a thought leadership paper on "How to Manage an NPD Project:  Three Skills to Help You Become More Effective."  You might also enjoy a recent, popular innovation analysis on Product vs. Project Management:  What's the Difference?

 

This month's recommended reading focuses on tools to help innovators meet their time-to-market goals along with increased creativity.  You will enjoy "Innovate Products Faster" by Carter and Bradford.

 

And, speaking of creativity, our Innovation Fun Fact this month shows you how paper is made.  Enjoy!

 

 

Innovation Fun Fact

 
Making Paper
 
One of my hobbies is scrapbooking so I have a fascination with paper - and a room full of paper in different colors and textures.  So, this month i wanted to share alittle of my hobby with you. 
Paper and the pulping process was first invented in thesheet of paper  2nd centruy AD.  In 2006, there were over 450 paper mills in the United States with a production of $68 Billion. 
 
Click on the image of the sheet of paper at the right for a short  video to learn how magazine paper is made.  (A 3-minute video.)
How to Manage an Innovation Project
Three Skills to Become More Effective

 

There is often confusion between the jobs of a product manager and a project manager. Yet at the root of it, any New Product Development (NPD) effort is a project. Projects are defined by these characteristics:

  •  A distinct starting and ending point,
  • Temporary in nature (yet may be long in duration),
  • Creates a unique product or service, and
  • Involves a cross-functional team.
  • image for global np solutions newsletter  Certainly, the development of a new product meets this definition. So, what's the best way to manage the NPD project? How can a manager and company get the most efficient production out of available resources? What skills can I gain as product development leader to drive profitability for NPD teams?

In this paper, we'll discuss three important skills for a project manager.  

  1. Balance the triple constraint,
  2. Kill bad ideas, and
  3. Conduct post-launch reviews.

GNPS Premier Members can access this dynamic thought leadership paper in pdf format.  All GNPS Premier members SAVE on NPDP Certification courses.

 

 

 

Otherwise, you can download a pdf copy now of How to Manage an NPD Project:  Three Skills to Help You Become More Efficient for just $3.95 (tax included).

Recommended Reading

Innovate Products Faster by Carter and Bradford 

 

This new book by innovation technology consultants at TCGen illustrates multiple tools in short, bite-sized chapters.  Innovate Products Faster cross-referencesInnovate Products Faster  strategy, management, execution, organization, and process to offer visual solutions to change management and risk management.

 

Innovate Products Faster is the book club selection for the Innovator's Book Club, a Linked In group discussing the latest in innovation and new product development.  Join us at http://lnkd.in/6M7ivG.

Global NP Solutions is Your Strategic Innovation Partner helping deliver new product profitability in the marketplace.  Our clients are preferred employers of New Product Development Professionals in all industries.  Click here for more information. Dr. Jurgens-Kowal
 
Best Regards,
Teresa Jurgens-Kowal
Global NP Solutions, LLC