Planning an Innovation Program | |
Three Tools Leading to Success
Planning is perhaps the most critical task we complete on a New Product Development project. Planning includes addressing the strategic AND tactical aspects of the innovation effort.
In this dynamic thought leadership paper, learn how portfolio management, the Product Innovation Charter, and the project management plan can lead to greater success in YOUR innovation programs today.
GNPS Premier Members can access this dynamic thought leadership paper in pdf format. All GNPS Premier members SAVE on NPDP Certification courses.
All others can access Planning an Innovation Program and download the full paper for a very small fee to cover publication expenses. |
|
|
Greetings!
How is it October already? Time flies fast, when you're having fun, they say. I must be having a lot of fun!!
Most of us are challenged to find enough time in our daily schedules and many companies are equally challenged to find time for real innovation. This month, The Village newsletter from Global NP Solutions focuses on Time Management. You will find three techniques and tips for time management in our featured thought leadership paper.
This month's recommended reading reviews a classic, "The 7 Habits of Highly Effective People". Covey's time-tested tips will help us refocus our energies on what's important instead of the urgent.
And, keeping the theme on time going, this month's Innovation Fun Fact shows us how traditional Black Forest cuckoo clocks are made. Enjoy!
P.S. Let me know how you like our re-designed website and don't forget to register for a FREE webinar on November 14 on Project Management, sponsored by Get to the Point Books. |
Planning an Innovation Program | |
Time Management and NPD
In today's busy world with faster and better global competition, companies must work effectively and efficiently to bring new products to market.
Throughout this paper, we have shared three methodologies to improve time management skills of innovation teams and individuals. First, a strong strategic message regarding products, markets, and technologies leads firms to greater focus and creativity. Next, evaluating each and every project leads to continuous improvement through the post-launch review. Post commercialization audits not only examine whether an individual product met its financial goals, but feedback from the review directs the NPD teams toward more efficient design and development processes.
Finally, a tactical in-depth, visualization of the project schedule can identify limitations and assumptions about the product development needs. A network diagram is a graphical tool that helps the project leader better manage scarce NPD resources.
Successful NPD relies on a whole host of factors, yet time management is frequently overlooked as a key element to innovation success. Putting the three skills from this paper into practice can yield immediate results for any NPD program!
GNPS Premier Members can access this dynamic thought leadership paper in pdf format. All GNPS Premier members SAVE on NPDP Certification courses.
All others can access Innovation Tools: Time Management for Efficient NPD and download now download the full paper for a very small fee to cover publication expenses - we'll even cover the sales tax for you! |
Recommended Reading | |
The 7 Habits of Highly Effective People
by Stephen Covey
Nobody says Time Management like Stephen Covey. If you've never read "The 7 Habits of Highly Effective People" you must do so! If you've read it or taken one of the many great leadership classes that uses this book as a focal point, it might be time to review the principles again.
Regarding this month's topic of Time Management and New Product Development, the key take-away from this book is learning to recognize the difference between the important and the urgent.
Join us at The Innovator's Book Club on Linked In as we read, review, and discuss various books in the innovation literature. |
Innovation Fun Fact | |
Cuckoo Clocks
Since our focus this month is on time management, our f  un fact regards the making of clocks. Without clocks or watches how could we ever stay on time??
Clocks are one of man's oldest inventions. Sundials were widely used in ancient times, with reasonable accuracy. Modern clocks evolved around the 13th century in Europe - none survived, but church records validate their existence.
Click on the image of the clock at the left for a short video to learn how a traditional German cuckoo clock is made. (A 5-minute video.) |
|
|