As a small business owner, you already know that you can’t run things entirely by yourself. Just as you have an expertise, so too do consultants. If you’re racking your brain trying to decide where you can use a helping hand, today’s Business Innovation Management blog offers insight all along your innovation and [...]
The COVID-19 pandemic has been hard on all types of businesses around the world. However, if your company has made it this far, then you can begin to make changes now that will better position you for long-term growth and success. From upgrading your website to modifying your physical store, check out these [...]
Laying a Strong Foundation The prospect of launching a new business is exciting, there is no doubt about that. However, don’t get ahead of yourself. Take the time to envision your goals. Write these down so that you can better give yourself instructions on how you plan to reach them. A few tips [...]
In the past, being a stay-at-home mom and a business owner might have sounded too good to be true. However, with the rise of the digital age, it's become a reality for many parents. If you have an idea, all you need is a plan to get started. First, these tips will help [...]
When a company’s IP culture varies across a company’s business units and IP functional groups inefficiencies develop. This was highlighted during a recent webinar with many prominent companies IP organizations represented. The simple answer of having “a single organization responsible for making sure everything is uniform” was appropriately shouted down by noting in [...]
The news of a Union being formed at Google highlights the importance of congruent Company Vision, Mission and Values. Although formation of a Union will not likely have a material effect on Google’s top management’s incongruent behavior, the Union’s formation does indicate that senior individuals are deviating from the basic “tacit” governing principles [...]
Speed to Market "Must Do's" If you have decided that you need to improve speed-to-market, then these are what is absolutely necessary. MeasureMeasure time-to-market for all NPD projects and build a data-base for use by project teams when they are planning their work. The start time and end time must be clearly defined [...]
There are Five General Guidelines for "Enablers" Related to Improving Speed to Market. It is essential to take them into account before embarking on a program to improve Speed to Market. 1. Enablers of Product Development Speed Vary; focus on the ones that count. Enablers are pre-conditions for managing time-to-market and achieving speed-to-market. [...]
There are firms, products and markets for which increasing speed-to-market is likely to bring needed benefits to the company, there are others for which it may not. One high level trade-off is made at the project level. If a project team receives appropriate top-management support, they have access to more company resources and [...]
Value Matrix for Speed to Market The advantages derived from improving Speed-to-Market depend upon a company’s brand image or reputation. The best way to segment this viewpoint is via a “Value Matrix for Speed to Market” that segments based on Relative Cost vs. Performance. On the x-coordinate is the company’s relative cost to [...]
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