NPD: New Product Development. THE Top 5 challenges to implement it. But WHAT is REALLY HOLDNG YOU BACK?
There are many views on the challenges associated with developing a new product, but here (in this article) I would like to explore the challenges which can be faced within an organisation when implementing a process to develop a new product. I have stated it before, that in my opinion, any business which provides a […]Continue reading
NEW PRODUCT DEVELOPMENT (NPD). The 3 Key deliverables of NPD
I am going to start off with three simple questions. Q. How do you take your idea to market? Q. How do you ensure that you have validated that your idea is robust and meets the legal requirements? Q. How do you know that your idea is what your customer wants or needs and how […]Continue reading
LEAN: It is important but it won’t grow your business.
I see a lot of emphasis these days on LEAN and productivity activities pitched as what is needed for business and industry to grow their markets and opportunities. LEAN and the associated activities are important and relevant methodologies which almost every business can benefit from and can be applied in every part of a business. […]Continue reading
Why do organisations strive for Mediocrity instead of Excellence?
Mediocrity: derived from Mediocre, meaning “of only ordinary or moderate quality; neither good nor bad; barely adequate” (Ref:Dictionary.com) Excellence: derived from Excel, meaning “to surpass others or be superior in some respect or area; do extremely well” (Ref: Dictionary.com) Based on definition alone, it is inconceivable why any business leader would settle for mediocrity over […]Continue reading
The Strategic Plan: Part 1 – A Holistic View
(2) There is information everywhere about the importance of developing a business strategy, whether it be in books or in online articles. It goes without saying, the strategy or plan gives direction and purpose within the business. While strategy is crucial for a business, is not the be all and end all of what the […]Continue reading