SlideShare a Scribd company logo
INTEGRATED NEW
PRODUCT DEVELOPMENT
FOR AFRICA
TransformingAfrican economies from the ground up.
Product development designed
โ–  Product development is a disciplined and defined set of tasks and steps that describe
the normal means by which a company repetitively converts embryonic ideas into
saleable products or servicesโ€ Belliveau et al. (2002)
โ€“ Repetitive conversion of ideas
โ–  it must mean there are ideas to convert
โ–  There is the requisite know how to repeat a conversion process
โ€“ Saleable products
โ–  Appeal to the customer
โ–  Competitive within a specific environment
โ€“ A set of tasks and steps
โ–  A process by which opportunity is harnessed and leveraged
An integrated approach
โ–  Takes into consideration
โ€“ Entrepreneurial capacity
โ€“ Technology assimilation
โ€“ Innovation performance
โ€“ Knowledge and experience
Elements of an integrated approach to
new product development
Knowledge
management
Entrepreneursh
ip
Innovation
management
New
product
developme
nt
Understanding the elements
โ–  Technology Entrepreneurship: combination of opportunity recognition and
technology assimilation so as to create value.
โ–  Innovation management: converting ideas into commercially viable solutions.
โ–  Knowledge management: acquisition, dispersion of knowhow and expertise.The idea
of synthetic imagination is relevant.
Entrepreneurship
โ–  โ€œentrepreneurs are simply those who understand that there is little difference
between obstacle and opportunity and are able to turn both to their advantage.โ€
Machiavelli
โ€“ Recognise opportunity
โ€“ Uncover customer needs and problems
โ€“ curious analysis of Africaโ€™s problems
Knowledge management
โ–  The discoveries of yesterday are the truisms of tomorrow, because we can add to our
knowledge but cannot subtract from it.When two frames of reference have both become
integrated into one it becomes difficult to imagine that previously they existed separately.The
synthesis looks deceptively self-evident, and does not betray the imaginative effort needed to
put its component parts together. Arthur Koestler
โ€“ Knowledge creation and capture: uncovering the hidden narrative
โ–  Investigating and assessing datasets and information
โ€“ Knowledge sharing in a collaborative or team environment
โ–  Codifying and simplifying knowledge
โ€“ Knowledge application
โ–  Exploiting knowledge for economic and social benefit
โ€“ Leveraging indigenous knowledge systems in Africa
โ–  History and culture as an advantage
โ€“ Assessing intellectual and information capital
โ–  Investing in people
Innovation
โ–  Ideas are the currency of progress and innovation is the method of exchange.
1. Creative thinking and idea generation (power of imagination and bisociation)
combining biology with ICT e.g. biomimicry
2. Evaluation of ideas
3. Building innovation performance and capacity
4. Idea conversion processes
โ–  Harnessing technology
โ–  Investment frameworks for enterprise growth
5. Diffusing knowledge in the form of a practical and viable solution
Transformational and integrated product
development process (Damming Product
Development Model)
KNOW
โ€ข Create and collect
relevant knowledge
โ€ข Opportunity
recognition
DESIGN
โ€ข Human and context
centred approaches
โ€ข Creative and innovative
momentum
โ€ข Viability, saleability
DEPLOY AND
GROW
โ€ข Innovation diffusion
โ€ข Systematic feedback
systems
โ€ข Investment and
reinvestment
frameworks
CYBERNETIC STREAM
(KEY INPUT)
โ€ข Customer needs and
problems
โ€ข Knowledge repositories
โ€ข Context maps
โ€ข Trends and patterns
CYBERNETIC STREAM
(KEY OUTPUT)
โ€ข Commercially viable
products
โ€ข Knowledge
accumulation
โ€ข Increased innovation
performance
โ€ข Revenue and economic
growth
Degree of organisational impact
โ–  Malleable and agile product development
processes
โ–  Leveraging human experience at all levels
โ–  translating accumulated knowledge into
concerted and focused human action at an
individual and corporate level.
Outcomes
โ–  Business and enterprises positioned to harness and exploit opportunity
โ–  Building new bodies of knowledge through the development and dissemination of
new products
โ–  A Systematic approach to enterprise growth that is customer centric
โ–  Commercially viable products
Conclusion
โ–  Growth of business inAfrica dependent on product development
โ–  Africa needs an integrated approach that leverages knowledge repositories,
entrepreneurial tenacity and innovation
โ–  To create new bodies of knowledge from human experience and engagement

More Related Content

What's hot

Leveraging sap for new product development
Leveraging sap for new product developmentLeveraging sap for new product development
Leveraging sap for new product development
Partha Tripathi
ย 
1538 control theory
1538 control theory1538 control theory
1538 control theory
Teresa Jurgens-Kowal, NPDP, PMP
ย 
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
Catharina van Delden
ย 
How To Shift Consumer Behaviors to be more sustainable; a literature review a...
How To Shift Consumer Behaviors to be more sustainable; a literature review a...How To Shift Consumer Behaviors to be more sustainable; a literature review a...
How To Shift Consumer Behaviors to be more sustainable; a literature review a...
Nicha Tatsaneeyapan
ย 
New product development
New product developmentNew product development
New product development
Raymund Camat
ย 
New product development
New product developmentNew product development
New product development
ShijinScariaVattacha
ย 
New product development
New product developmentNew product development
New product development
Yodhia Antariksa
ย 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
Udit C
ย 
Product, Service, Brand and New Product Development
Product, Service, Brand and New Product DevelopmentProduct, Service, Brand and New Product Development
Product, Service, Brand and New Product Development
sarun baidya
ย 
Promotion strategies
Promotion strategiesPromotion strategies
Promotion strategiespreethiiraj
ย 
Chapter 13. new product development
Chapter 13. new product developmentChapter 13. new product development
Chapter 13. new product developmentJags Jagdish
ย 
New product development
New product developmentNew product development
New product development
Shubham Goswami
ย 
Product Development
Product DevelopmentProduct Development
Product Development
sandy ardiansyah
ย 
New product development ppt slides
New product development ppt slidesNew product development ppt slides
New product development ppt slides
Yodhia Antariksa
ย 
Marketing management
Marketing managementMarketing management
Marketing management
Business Management
ย 
New product development ppt
New product development pptNew product development ppt
New product development ppt
apurv1993
ย 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
Yodhia Antariksa
ย 
Product planning & development
Product planning & developmentProduct planning & development
Product planning & developmentSoma Giri
ย 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
Incrementa consulting
ย 
New product development
New product developmentNew product development
New product development
01626555333
ย 

What's hot (20)

Leveraging sap for new product development
Leveraging sap for new product developmentLeveraging sap for new product development
Leveraging sap for new product development
ย 
1538 control theory
1538 control theory1538 control theory
1538 control theory
ย 
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
The LIDL Fan-Yogurt: A Crowdsourcing Project by Fans for Fans โ€“ Supported by ...
ย 
How To Shift Consumer Behaviors to be more sustainable; a literature review a...
How To Shift Consumer Behaviors to be more sustainable; a literature review a...How To Shift Consumer Behaviors to be more sustainable; a literature review a...
How To Shift Consumer Behaviors to be more sustainable; a literature review a...
ย 
New product development
New product developmentNew product development
New product development
ย 
New product development
New product developmentNew product development
New product development
ย 
New product development
New product developmentNew product development
New product development
ย 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
ย 
Product, Service, Brand and New Product Development
Product, Service, Brand and New Product DevelopmentProduct, Service, Brand and New Product Development
Product, Service, Brand and New Product Development
ย 
Promotion strategies
Promotion strategiesPromotion strategies
Promotion strategies
ย 
Chapter 13. new product development
Chapter 13. new product developmentChapter 13. new product development
Chapter 13. new product development
ย 
New product development
New product developmentNew product development
New product development
ย 
Product Development
Product DevelopmentProduct Development
Product Development
ย 
New product development ppt slides
New product development ppt slidesNew product development ppt slides
New product development ppt slides
ย 
Marketing management
Marketing managementMarketing management
Marketing management
ย 
New product development ppt
New product development pptNew product development ppt
New product development ppt
ย 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
ย 
Product planning & development
Product planning & developmentProduct planning & development
Product planning & development
ย 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
ย 
New product development
New product developmentNew product development
New product development
ย 

Similar to Integrated new product development for africa

The role of creativity in entrepreneurship good
The role of creativity in entrepreneurship goodThe role of creativity in entrepreneurship good
The role of creativity in entrepreneurship goodJatindra Malik
ย 
The role of creativity in entrepreneurship
The role of creativity in entrepreneurshipThe role of creativity in entrepreneurship
The role of creativity in entrepreneurship
Hammad Hashmi
ย 
Who is ira kaufman 2 1-18
Who is ira kaufman  2 1-18Who is ira kaufman  2 1-18
Who is ira kaufman 2 1-18
Institute for Transformative Leadership
ย 
Knowlage Management System 2017 slides
Knowlage Management System 2017 slidesKnowlage Management System 2017 slides
Knowlage Management System 2017 slides
TAIMOOR KHAQAN
ย 
WIPRO - Knowledge Management
WIPRO - Knowledge ManagementWIPRO - Knowledge Management
WIPRO - Knowledge ManagementAsrar Mohd
ย 
Innovation workshop
Innovation workshopInnovation workshop
Innovation workshop
Markus Alsleben, DBA
ย 
Cambridge | Jan-16 | Distributed Manufacturing in developing countries - an ...
Cambridge | Jan-16 |  Distributed Manufacturing in developing countries - an ...Cambridge | Jan-16 |  Distributed Manufacturing in developing countries - an ...
Cambridge | Jan-16 | Distributed Manufacturing in developing countries - an ...
Smart Villages
ย 
Creativity & entrepreneurship arise roby
Creativity  &  entrepreneurship arise robyCreativity  &  entrepreneurship arise roby
Creativity & entrepreneurship arise roby
Arise Roby
ย 
INNOVATION MANAGEMENT IN SUPPLY CHAIN LOGISTICS MANAGEMENT - Lecture 1.pptx
INNOVATION MANAGEMENT IN SUPPLY CHAIN  LOGISTICS MANAGEMENT - Lecture 1.pptxINNOVATION MANAGEMENT IN SUPPLY CHAIN  LOGISTICS MANAGEMENT - Lecture 1.pptx
INNOVATION MANAGEMENT IN SUPPLY CHAIN LOGISTICS MANAGEMENT - Lecture 1.pptx
HassanHani5
ย 
Current issues in hrd
Current issues in hrdCurrent issues in hrd
Current issues in hrdPriya Guleria
ย 
What the organisation of tomorrow looks like - oot.org lecture series 2
What the organisation of tomorrow looks like - oot.org lecture series 2What the organisation of tomorrow looks like - oot.org lecture series 2
What the organisation of tomorrow looks like - oot.org lecture series 2
Bryan Fenech
ย 
03. KM - KM CYCLE.pptx
03. KM - KM  CYCLE.pptx03. KM - KM  CYCLE.pptx
03. KM - KM CYCLE.pptx
Temetemeasas
ย 
Introduction to Knowledge Management
Introduction to Knowledge ManagementIntroduction to Knowledge Management
Introduction to Knowledge ManagementSunderland City Council
ย 
Innovation
InnovationInnovation
Innovation
syamalagarikipati1
ย 
K12 - Entrepreneurship (MSEE approach).pptx
K12 - Entrepreneurship (MSEE approach).pptxK12 - Entrepreneurship (MSEE approach).pptx
K12 - Entrepreneurship (MSEE approach).pptx
JennieLagonJaspio
ย 
knowledge management
knowledge managementknowledge management
knowledge management
Ashish Hande
ย 
Knowledge Management
Knowledge ManagementKnowledge Management
Knowledge ManagementLee Stewart
ย 
Knowledge management-competitive-advantage
Knowledge management-competitive-advantageKnowledge management-competitive-advantage
Knowledge management-competitive-advantage
Moncy Varghese
ย 
Fiib research as intellectual competence-kbc saxena
Fiib research as intellectual competence-kbc saxenaFiib research as intellectual competence-kbc saxena
Fiib research as intellectual competence-kbc saxena
Kul Bhushan Saxena
ย 
ECR Europe Forum '08. Implementing sustainable change
ECR Europe Forum '08. Implementing sustainable changeECR Europe Forum '08. Implementing sustainable change
ECR Europe Forum '08. Implementing sustainable change
ECR Community
ย 

Similar to Integrated new product development for africa (20)

The role of creativity in entrepreneurship good
The role of creativity in entrepreneurship goodThe role of creativity in entrepreneurship good
The role of creativity in entrepreneurship good
ย 
The role of creativity in entrepreneurship
The role of creativity in entrepreneurshipThe role of creativity in entrepreneurship
The role of creativity in entrepreneurship
ย 
Who is ira kaufman 2 1-18
Who is ira kaufman  2 1-18Who is ira kaufman  2 1-18
Who is ira kaufman 2 1-18
ย 
Knowlage Management System 2017 slides
Knowlage Management System 2017 slidesKnowlage Management System 2017 slides
Knowlage Management System 2017 slides
ย 
WIPRO - Knowledge Management
WIPRO - Knowledge ManagementWIPRO - Knowledge Management
WIPRO - Knowledge Management
ย 
Innovation workshop
Innovation workshopInnovation workshop
Innovation workshop
ย 
Cambridge | Jan-16 | Distributed Manufacturing in developing countries - an ...
Cambridge | Jan-16 |  Distributed Manufacturing in developing countries - an ...Cambridge | Jan-16 |  Distributed Manufacturing in developing countries - an ...
Cambridge | Jan-16 | Distributed Manufacturing in developing countries - an ...
ย 
Creativity & entrepreneurship arise roby
Creativity  &  entrepreneurship arise robyCreativity  &  entrepreneurship arise roby
Creativity & entrepreneurship arise roby
ย 
INNOVATION MANAGEMENT IN SUPPLY CHAIN LOGISTICS MANAGEMENT - Lecture 1.pptx
INNOVATION MANAGEMENT IN SUPPLY CHAIN  LOGISTICS MANAGEMENT - Lecture 1.pptxINNOVATION MANAGEMENT IN SUPPLY CHAIN  LOGISTICS MANAGEMENT - Lecture 1.pptx
INNOVATION MANAGEMENT IN SUPPLY CHAIN LOGISTICS MANAGEMENT - Lecture 1.pptx
ย 
Current issues in hrd
Current issues in hrdCurrent issues in hrd
Current issues in hrd
ย 
What the organisation of tomorrow looks like - oot.org lecture series 2
What the organisation of tomorrow looks like - oot.org lecture series 2What the organisation of tomorrow looks like - oot.org lecture series 2
What the organisation of tomorrow looks like - oot.org lecture series 2
ย 
03. KM - KM CYCLE.pptx
03. KM - KM  CYCLE.pptx03. KM - KM  CYCLE.pptx
03. KM - KM CYCLE.pptx
ย 
Introduction to Knowledge Management
Introduction to Knowledge ManagementIntroduction to Knowledge Management
Introduction to Knowledge Management
ย 
Innovation
InnovationInnovation
Innovation
ย 
K12 - Entrepreneurship (MSEE approach).pptx
K12 - Entrepreneurship (MSEE approach).pptxK12 - Entrepreneurship (MSEE approach).pptx
K12 - Entrepreneurship (MSEE approach).pptx
ย 
knowledge management
knowledge managementknowledge management
knowledge management
ย 
Knowledge Management
Knowledge ManagementKnowledge Management
Knowledge Management
ย 
Knowledge management-competitive-advantage
Knowledge management-competitive-advantageKnowledge management-competitive-advantage
Knowledge management-competitive-advantage
ย 
Fiib research as intellectual competence-kbc saxena
Fiib research as intellectual competence-kbc saxenaFiib research as intellectual competence-kbc saxena
Fiib research as intellectual competence-kbc saxena
ย 
ECR Europe Forum '08. Implementing sustainable change
ECR Europe Forum '08. Implementing sustainable changeECR Europe Forum '08. Implementing sustainable change
ECR Europe Forum '08. Implementing sustainable change
ย 

More from Musekiwa Samuriwo

Digitalubuntu2040
Digitalubuntu2040Digitalubuntu2040
Digitalubuntu2040
Musekiwa Samuriwo
ย 
Selling chickens in Zimbabwe
Selling chickens in ZimbabweSelling chickens in Zimbabwe
Selling chickens in Zimbabwe
Musekiwa Samuriwo
ย 
Find and take your market share
Find and take your market shareFind and take your market share
Find and take your market share
Musekiwa Samuriwo
ย 
The language of trade and exchange enduna design
The language of trade and exchange enduna designThe language of trade and exchange enduna design
The language of trade and exchange enduna design
Musekiwa Samuriwo
ย 
Swarm intelligence enduna development
Swarm intelligence   enduna developmentSwarm intelligence   enduna development
Swarm intelligence enduna development
Musekiwa Samuriwo
ย 
Avatar employment
Avatar employmentAvatar employment
Avatar employment
Musekiwa Samuriwo
ย 
Stimulus Africa Enterprise Development Guide
Stimulus Africa Enterprise Development GuideStimulus Africa Enterprise Development Guide
Stimulus Africa Enterprise Development Guide
Musekiwa Samuriwo
ย 
Discovering your authentic self
Discovering your authentic selfDiscovering your authentic self
Discovering your authentic self
Musekiwa Samuriwo
ย 
Shifting culture - how technology will change education
Shifting culture - how technology will change educationShifting culture - how technology will change education
Shifting culture - how technology will change education
Musekiwa Samuriwo
ย 

More from Musekiwa Samuriwo (9)

Digitalubuntu2040
Digitalubuntu2040Digitalubuntu2040
Digitalubuntu2040
ย 
Selling chickens in Zimbabwe
Selling chickens in ZimbabweSelling chickens in Zimbabwe
Selling chickens in Zimbabwe
ย 
Find and take your market share
Find and take your market shareFind and take your market share
Find and take your market share
ย 
The language of trade and exchange enduna design
The language of trade and exchange enduna designThe language of trade and exchange enduna design
The language of trade and exchange enduna design
ย 
Swarm intelligence enduna development
Swarm intelligence   enduna developmentSwarm intelligence   enduna development
Swarm intelligence enduna development
ย 
Avatar employment
Avatar employmentAvatar employment
Avatar employment
ย 
Stimulus Africa Enterprise Development Guide
Stimulus Africa Enterprise Development GuideStimulus Africa Enterprise Development Guide
Stimulus Africa Enterprise Development Guide
ย 
Discovering your authentic self
Discovering your authentic selfDiscovering your authentic self
Discovering your authentic self
ย 
Shifting culture - how technology will change education
Shifting culture - how technology will change educationShifting culture - how technology will change education
Shifting culture - how technology will change education
ย 

Recently uploaded

amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
ย 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
ย 
Auditing study material for b.com final year students
Auditing study material for b.com final year  studentsAuditing study material for b.com final year  students
Auditing study material for b.com final year students
narasimhamurthyh4
ย 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller
ย 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
ย 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
ย 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
ย 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
ย 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
ย 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
ย 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
ย 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
ย 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
ย 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
ย 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
ย 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
ย 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
ย 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
ย 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
ย 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
ย 

Recently uploaded (20)

amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
ย 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
ย 
Auditing study material for b.com final year students
Auditing study material for b.com final year  studentsAuditing study material for b.com final year  students
Auditing study material for b.com final year students
ย 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
ย 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
ย 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
ย 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
ย 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
ย 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
ย 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
ย 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
ย 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
ย 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
ย 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
ย 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
ย 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
ย 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
ย 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
ย 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
ย 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
ย 

Integrated new product development for africa

  • 1. INTEGRATED NEW PRODUCT DEVELOPMENT FOR AFRICA TransformingAfrican economies from the ground up.
  • 2. Product development designed โ–  Product development is a disciplined and defined set of tasks and steps that describe the normal means by which a company repetitively converts embryonic ideas into saleable products or servicesโ€ Belliveau et al. (2002) โ€“ Repetitive conversion of ideas โ–  it must mean there are ideas to convert โ–  There is the requisite know how to repeat a conversion process โ€“ Saleable products โ–  Appeal to the customer โ–  Competitive within a specific environment โ€“ A set of tasks and steps โ–  A process by which opportunity is harnessed and leveraged
  • 3. An integrated approach โ–  Takes into consideration โ€“ Entrepreneurial capacity โ€“ Technology assimilation โ€“ Innovation performance โ€“ Knowledge and experience
  • 4. Elements of an integrated approach to new product development Knowledge management Entrepreneursh ip Innovation management New product developme nt
  • 5. Understanding the elements โ–  Technology Entrepreneurship: combination of opportunity recognition and technology assimilation so as to create value. โ–  Innovation management: converting ideas into commercially viable solutions. โ–  Knowledge management: acquisition, dispersion of knowhow and expertise.The idea of synthetic imagination is relevant.
  • 6. Entrepreneurship โ–  โ€œentrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.โ€ Machiavelli โ€“ Recognise opportunity โ€“ Uncover customer needs and problems โ€“ curious analysis of Africaโ€™s problems
  • 7. Knowledge management โ–  The discoveries of yesterday are the truisms of tomorrow, because we can add to our knowledge but cannot subtract from it.When two frames of reference have both become integrated into one it becomes difficult to imagine that previously they existed separately.The synthesis looks deceptively self-evident, and does not betray the imaginative effort needed to put its component parts together. Arthur Koestler โ€“ Knowledge creation and capture: uncovering the hidden narrative โ–  Investigating and assessing datasets and information โ€“ Knowledge sharing in a collaborative or team environment โ–  Codifying and simplifying knowledge โ€“ Knowledge application โ–  Exploiting knowledge for economic and social benefit โ€“ Leveraging indigenous knowledge systems in Africa โ–  History and culture as an advantage โ€“ Assessing intellectual and information capital โ–  Investing in people
  • 8. Innovation โ–  Ideas are the currency of progress and innovation is the method of exchange. 1. Creative thinking and idea generation (power of imagination and bisociation) combining biology with ICT e.g. biomimicry 2. Evaluation of ideas 3. Building innovation performance and capacity 4. Idea conversion processes โ–  Harnessing technology โ–  Investment frameworks for enterprise growth 5. Diffusing knowledge in the form of a practical and viable solution
  • 9. Transformational and integrated product development process (Damming Product Development Model) KNOW โ€ข Create and collect relevant knowledge โ€ข Opportunity recognition DESIGN โ€ข Human and context centred approaches โ€ข Creative and innovative momentum โ€ข Viability, saleability DEPLOY AND GROW โ€ข Innovation diffusion โ€ข Systematic feedback systems โ€ข Investment and reinvestment frameworks CYBERNETIC STREAM (KEY INPUT) โ€ข Customer needs and problems โ€ข Knowledge repositories โ€ข Context maps โ€ข Trends and patterns CYBERNETIC STREAM (KEY OUTPUT) โ€ข Commercially viable products โ€ข Knowledge accumulation โ€ข Increased innovation performance โ€ข Revenue and economic growth
  • 10. Degree of organisational impact โ–  Malleable and agile product development processes โ–  Leveraging human experience at all levels โ–  translating accumulated knowledge into concerted and focused human action at an individual and corporate level.
  • 11. Outcomes โ–  Business and enterprises positioned to harness and exploit opportunity โ–  Building new bodies of knowledge through the development and dissemination of new products โ–  A Systematic approach to enterprise growth that is customer centric โ–  Commercially viable products
  • 12. Conclusion โ–  Growth of business inAfrica dependent on product development โ–  Africa needs an integrated approach that leverages knowledge repositories, entrepreneurial tenacity and innovation โ–  To create new bodies of knowledge from human experience and engagement