A large beverage company was preparing to launch a new product in Europe that would threaten the market share of Proactive's client. Proactive conducted research on the competitor's product technology, manufacturing, and strategy. They held updates to discuss commercialization options and timelines for the new product launch. Proactive implemented a competitive alerts program to track indicators of the competitor's moves. They delivered actionable strategies to help the client prepare responses and launch countermeasures before the competitor entered key markets. The client was able to mobilize response plans, prepare messaging, and launch promotions to slow the competitor's penetration and protect their market share.
Zoltan Onodi has over 15 years of experience in business development, sales, and marketing in the automotive and industrial sectors. He has a proven track record of developing sales strategies that increase market share and coordinating teams to improve efficiency. Most recently, he served as Product Development Manager at Techno-World System Hungary where he conducted market analysis, developed new products, and acquired suppliers.
Analysis on Product Development in the Food and Beverage Industry and Frito LayDustin Fontenot
This document provides an analysis of product development in the food and beverage industry and at Frito Lay specifically. It discusses how companies use crowdsourcing techniques like social media sentiment analysis and platforms like Lego's Cuusoo to generate new product ideas from consumers. It also describes how Frito Lay develops new flavors through campaigns like "Lay's Do Us a Flavor" which asks consumers to submit and vote on ideas for new chip flavors. Finally, it outlines Frito Lay's three areas of innovation: flavor development, "outside aisle" products, and new uses for existing brands.
The document discusses implementing R&D processes that can cope with rapidly changing market conditions. It outlines key R&D processes including ideas generation, product development, industrialization, and effective communication with stakeholders. It also discusses drivers of R&D like cost savings through standardization and globalization, innovation through platforms and partnerships, and communication and community.
David J. Sklodowski is an experienced product/brand manager and marketing professional with over 20 years of experience managing products, new product development, and marketing strategies. He is currently the Product Marketing Manager at Honeywell Life Safety, where he has helped drive consistent year-over-year growth through strategic initiatives and new product introductions. Prior to this role, he held several managerial roles at The Morey Corporation and 10G Electronics, where he led cross-functional teams and was responsible for quality, new product development, and value stream management.
This document contains a resume for Vignesh Kalaichelvan, an engineering sales management professional with over 8 years of experience in sales, marketing, project management, and operations. He currently works as a Senior Sales Engineer for KSB Singapore, where he is responsible for preparing sales reports, managing procurement, and handling spare parts sales. Prior to this role, he held engineering and sales roles at Technical and Trading Establishment and Godrej & Boyce Manufacturing. He has an M.S. in Logistics and a B.Eng in Mechanical Engineering.
The document outlines the key steps and considerations for introducing new market offerings. It discusses the new product development process from idea generation through commercialization. It also covers developing marketing strategies, projecting costs and profits, and understanding the consumer adoption process from awareness to trial and adoption. The overall goal is to provide guidance on concept and strategy testing, marketing plans, financial projections, and gaining consumer acceptance for new products and services.
A large beverage company was preparing to launch a new product in Europe that would threaten the market share of Proactive's client. Proactive conducted research on the competitor's product technology, manufacturing, and strategy. They held updates to discuss commercialization options and timelines for the new product launch. Proactive implemented a competitive alerts program to track indicators of the competitor's moves. They delivered actionable strategies to help the client prepare responses and launch countermeasures before the competitor entered key markets. The client was able to mobilize response plans, prepare messaging, and launch promotions to slow the competitor's penetration and protect their market share.
Zoltan Onodi has over 15 years of experience in business development, sales, and marketing in the automotive and industrial sectors. He has a proven track record of developing sales strategies that increase market share and coordinating teams to improve efficiency. Most recently, he served as Product Development Manager at Techno-World System Hungary where he conducted market analysis, developed new products, and acquired suppliers.
Analysis on Product Development in the Food and Beverage Industry and Frito LayDustin Fontenot
This document provides an analysis of product development in the food and beverage industry and at Frito Lay specifically. It discusses how companies use crowdsourcing techniques like social media sentiment analysis and platforms like Lego's Cuusoo to generate new product ideas from consumers. It also describes how Frito Lay develops new flavors through campaigns like "Lay's Do Us a Flavor" which asks consumers to submit and vote on ideas for new chip flavors. Finally, it outlines Frito Lay's three areas of innovation: flavor development, "outside aisle" products, and new uses for existing brands.
The document discusses implementing R&D processes that can cope with rapidly changing market conditions. It outlines key R&D processes including ideas generation, product development, industrialization, and effective communication with stakeholders. It also discusses drivers of R&D like cost savings through standardization and globalization, innovation through platforms and partnerships, and communication and community.
David J. Sklodowski is an experienced product/brand manager and marketing professional with over 20 years of experience managing products, new product development, and marketing strategies. He is currently the Product Marketing Manager at Honeywell Life Safety, where he has helped drive consistent year-over-year growth through strategic initiatives and new product introductions. Prior to this role, he held several managerial roles at The Morey Corporation and 10G Electronics, where he led cross-functional teams and was responsible for quality, new product development, and value stream management.
This document contains a resume for Vignesh Kalaichelvan, an engineering sales management professional with over 8 years of experience in sales, marketing, project management, and operations. He currently works as a Senior Sales Engineer for KSB Singapore, where he is responsible for preparing sales reports, managing procurement, and handling spare parts sales. Prior to this role, he held engineering and sales roles at Technical and Trading Establishment and Godrej & Boyce Manufacturing. He has an M.S. in Logistics and a B.Eng in Mechanical Engineering.
The document outlines the key steps and considerations for introducing new market offerings. It discusses the new product development process from idea generation through commercialization. It also covers developing marketing strategies, projecting costs and profits, and understanding the consumer adoption process from awareness to trial and adoption. The overall goal is to provide guidance on concept and strategy testing, marketing plans, financial projections, and gaining consumer acceptance for new products and services.
What challenges does a company face in developing new product and servicesSameer Mathur
A company faces several key challenges in developing new products and services, including properly identifying target markets and product requirements, generating new product ideas through incremental innovation and disruptive technologies, identifying new business opportunities considering affordability and social sustainability, ensuring new products satisfy social, economic, and government regulations and constraints, overcoming capital shortages required for extensive research and development, and cutting short development time through new techniques and strategic partnerships to launch before competitors.
The document outlines an 8-step new product development decision process that includes: 1) generating product ideas, 2) screening ideas, 3) developing and testing concepts, 4) analyzing business factors, 5) developing marketing strategies, 6) developing the product, 7) market testing, and 8) commercializing successful products. At each step, decisions are made to modify the product, marketing, or send the idea back for further development based on testing and analysis.
This document is a resume for Socrates Gomez, an ambitious international sales manager with experience in mechanical design, automation assembly, consumer products, and material characterization industries. He has held roles as North America and South America Sales Manager for Quantum Design, a scientific instrumentation company, and as a Technical Sales Engineer for Sony Electronics' Factory Automation Division. His skills and experiences include new product development, manufacturing techniques, cost control strategies, sales forecasting, logistics, and customer support.
New product development challenges fall into three major categoriesdipjouty
New product development challenges fall into three categories: product selection, time and resource issues, and isolation from the rest of the company. These challenges often arise from a lack of process and collaboration between departments. A solution is to implement a new product development process that involves all functions early, prioritizes projects based on market evaluation, and uses stage gates to ensure proper planning and sign-off before advancing in development. This aligns the organization, prevents conflicting priorities between departments, and helps deliver new products that meet market needs on time and budget.
The document discusses Kgroup being awarded the 2018 European Commercial Refrigeration Company of the Year Award by Frost & Sullivan. It highlights Kgroup's visionary innovation through its extensive product portfolio that addresses customer needs, its use of mega trends to develop futuristic solutions, and excellence in implementing strategies. Examples provided include Kgroup's new full vision doors that enhance the user experience and energy savings, as well as its modular product design that optimizes transportation costs. The award recognizes Kgroup's leadership in commercial refrigeration through innovative products that deliver excellent price and performance value for customers.
Our Top Stories @ Global manuChem Strategies Conference 2014Maria Willamowius
After the huge success in 2013, we.CONECT is bringing back the leading event related to operations, production and smart manufacturing management within the chemical industry!
Gingnattha Oransoorirat has over 10 years of experience in food quality control, production, research, and international sales. She holds a Master's degree in international business and applied food and nutrition, as well as a Bachelor's degree in food science and technology. Her experience includes quality engineering roles at Mondelez International and research support at CJ CheilJedang Corporation. She currently works as an international sales representative in Taiwan, where she develops business relationships, makes sales presentations, and expands market awareness.
The document discusses new product development, outlining the process from idea generation through commercialization. It identifies key challenges such as high failure rates and short product lifecycles. The development process involves idea generation, screening, concept development and testing, determining marketing strategy, business analysis, product development, market testing, and commercialization. Successful new product development requires moving through each stage of the process to determine commercial and technical feasibility before a product is launched.
Pawan Maheshwari is a SAP consultant with over 8 years of experience in SAP SD, LE, WM, and ERP environments. He currently works as a SAP Global Service Analyst for Momentive Performance Materials, where he provides production support and is an expert in configuring special business processes. Previously, he worked for Unilever Europe, where he performed testing, support, and knowledge transfer. He holds an SAP-SD certification from 2007 and has experience in the pharmaceutical industry.
Lane Oltmanns has over 27 years of experience in mechanical engineering and business development roles at Gates Corporation. He has held various engineering, management, and director level positions managing product lines ranging from $125M to $800M in revenue. Oltmanns has extensive experience in new product development, commercialization, lean manufacturing, and quality systems. He has a Bachelor's degree in Mechanical Engineering and is a Six Sigma Black Belt.
This document discusses key concepts related to new product development including defining what constitutes a new product, the significance and benefits of new products, reasons for new product failure, and the scope and goals of product management. A new product is defined as something new to the world, a new product line, or an improvement/revision to an existing product. Developing new products provides benefits like growth, responding to competition, utilizing excess capacity, and increasing profitability. Common reasons for new product failures include being a "me too" product, lacking genuine superiority, poor market research, and rushing products to market before they are ready. The goal of product management is product planning, development, branding and creating value at each stage of the product lifecycle
Fernando was given the task of investigating the use of a pan pelletiser to produce a granular product from a customer's powder. He developed a schedule and identified critical control parameters through research. Fernando successfully produced batches of various grades for customer testing. His detailed report identified areas for improvement to optimize production. Fernando demonstrated strong engineering skills, the ability to work with others, and to manage multiple projects on schedule. His work provides a valuable basis for evaluating future materials for granulation and expanding the company's granulation capabilities.
The document discusses product planning, research and development, and new product development. It covers several key points:
1. Research and development involves both pure research to discover new scientific laws as well as applied research to solve specific problems. Development works to translate research findings into new products and processes.
2. Planning R&D requires determining a total budget and selecting specific projects. Budgeting helps coordinate activities and allows projects to be formally reviewed.
3. Controlling R&D involves budget versus actual cost comparisons to evaluate programs and efficiency. Reports should be prepared frequently to identify issues.
4. A product typically goes through development, growth, maturity, and decline stages in its life cycle. Preplanning is
This document discusses new product development. It defines a new product and lists types of new products. The stages of new product development are outlined, including idea generation, screening, concept development/testing, market strategy development, business analysis, test marketing, and commercialization. New products are developed to create future revenue, replace declining products, take advantage of new technologies, and maintain competitive advantage. The key to success is having the right operating philosophy, organization structure, experience, and management style.
This document outlines the marking criteria for an assignment on addressing the four drivers of innovation and how a company applies them. It will be marked based on: 1) An in-depth critical analysis of how a company applies the four drivers of innovation in its market context; 2) The use of appropriate frameworks to analyze the market environment and provide meaningful information about the company; 3) The inclusion of up-to-date market information; 4) Justified conclusions about the use of the four drivers in the selected context. Additional criteria include adequate referencing and presenting the information in a final report meeting the given guidelines.
Converting an idea or a lab prototype into a real, customer-ready product is no simple task. Learn how to turn your idea into a successful product by following the “V-model” of concept development. Learn how to differentiate between the steps of product development, including research, design, implementation, testing, verification, validation, operations and maintenance.
For more information including video, visit: http://www.marsdd.com/events/details.html?uuid=5179eb9d-26fd-4bf8-90a3-96850373594a
This document discusses new product development project management. It introduces Evgeny Pikulev, a project management professional and business trainer. The document then summarizes Edward Fern's Ten-P Paradigm methodology for product development project management. Examples of both a successful project, Tesla Motors, and an unsuccessful project, Yo-Mobile, are provided and the key reasons for their success or failure are analyzed based on the Ten-P Paradigm methodology. The document concludes that both the right methodology and corporate management of projects are needed for successful new product development.
This document outlines the stages of new product development including idea generation, screening, concept development, business analysis, product development and evaluation, development and evaluation of marketing mix, test marketing, and commercialization of the product. It also discusses factors related to the cost of production and marketing such as break even analysis, fixed and working capital, capitalization, sources of finance, and cost of capital. Finally, it describes the objectives of a legal feasibility analysis for a project which are to ensure the project is legally viable, facilitate risk management, and avoid major problems in the project's development and implementation.
What challenges does a company face in developing new products and sercives.pptxSameer Mathur
The document discusses the challenges of developing new products and services. It notes that fewer than 10% of new products are truly innovative. Developing new products presents high technological uncertainty, fierce competition, and high investment risks. It provides an example of how Gore overcame these challenges by involving customers early, giving employees flexibility to choose projects, and judging ideas based on feasibility, competitiveness, and profitability. The document also discusses reasons for new product failure, including poor advertising and wrong timing.
This document discusses product life cycles and strategies for managing products through each stage. It begins by outlining factors that can demand changes in product strategy, such as customer needs, technology, laws, and the product life cycle. It then describes the stages of new product development, including idea generation, screening, concept development, business analysis, market testing, and commercialization. For each stage, key activities are outlined. The document also discusses factors for success and failure of new products, and strategies for managing products in the introduction, growth, maturity, and decline stages of the product life cycle. Overall, the document provides an overview of developing, launching, and managing products throughout their lifespans.
The document discusses the assessment of entrepreneurial plans. It outlines several factors that should be considered when evaluating new venture opportunities during the pre-startup and startup phases, including uniqueness, investment needs, expected growth, product/service availability, and customer availability. It then describes various processes for analyzing opportunities, including conducting a landscape analysis considering political, economic, social, technological, environmental, and legal factors; assessing the industry environment using models like Porter's Five Forces; analyzing uncertainties, barriers to entry, competitors; and conducting technical, market, financial, and organizational profiles. It concludes by discussing common pitfalls in selecting new ventures like lack of objectivity, insufficient market insights, technical/financial misunderstandings, lack of uniqueness, and
What challenges does a company face in developing new product and servicesSameer Mathur
A company faces several key challenges in developing new products and services, including properly identifying target markets and product requirements, generating new product ideas through incremental innovation and disruptive technologies, identifying new business opportunities considering affordability and social sustainability, ensuring new products satisfy social, economic, and government regulations and constraints, overcoming capital shortages required for extensive research and development, and cutting short development time through new techniques and strategic partnerships to launch before competitors.
The document outlines an 8-step new product development decision process that includes: 1) generating product ideas, 2) screening ideas, 3) developing and testing concepts, 4) analyzing business factors, 5) developing marketing strategies, 6) developing the product, 7) market testing, and 8) commercializing successful products. At each step, decisions are made to modify the product, marketing, or send the idea back for further development based on testing and analysis.
This document is a resume for Socrates Gomez, an ambitious international sales manager with experience in mechanical design, automation assembly, consumer products, and material characterization industries. He has held roles as North America and South America Sales Manager for Quantum Design, a scientific instrumentation company, and as a Technical Sales Engineer for Sony Electronics' Factory Automation Division. His skills and experiences include new product development, manufacturing techniques, cost control strategies, sales forecasting, logistics, and customer support.
New product development challenges fall into three major categoriesdipjouty
New product development challenges fall into three categories: product selection, time and resource issues, and isolation from the rest of the company. These challenges often arise from a lack of process and collaboration between departments. A solution is to implement a new product development process that involves all functions early, prioritizes projects based on market evaluation, and uses stage gates to ensure proper planning and sign-off before advancing in development. This aligns the organization, prevents conflicting priorities between departments, and helps deliver new products that meet market needs on time and budget.
The document discusses Kgroup being awarded the 2018 European Commercial Refrigeration Company of the Year Award by Frost & Sullivan. It highlights Kgroup's visionary innovation through its extensive product portfolio that addresses customer needs, its use of mega trends to develop futuristic solutions, and excellence in implementing strategies. Examples provided include Kgroup's new full vision doors that enhance the user experience and energy savings, as well as its modular product design that optimizes transportation costs. The award recognizes Kgroup's leadership in commercial refrigeration through innovative products that deliver excellent price and performance value for customers.
Our Top Stories @ Global manuChem Strategies Conference 2014Maria Willamowius
After the huge success in 2013, we.CONECT is bringing back the leading event related to operations, production and smart manufacturing management within the chemical industry!
Gingnattha Oransoorirat has over 10 years of experience in food quality control, production, research, and international sales. She holds a Master's degree in international business and applied food and nutrition, as well as a Bachelor's degree in food science and technology. Her experience includes quality engineering roles at Mondelez International and research support at CJ CheilJedang Corporation. She currently works as an international sales representative in Taiwan, where she develops business relationships, makes sales presentations, and expands market awareness.
The document discusses new product development, outlining the process from idea generation through commercialization. It identifies key challenges such as high failure rates and short product lifecycles. The development process involves idea generation, screening, concept development and testing, determining marketing strategy, business analysis, product development, market testing, and commercialization. Successful new product development requires moving through each stage of the process to determine commercial and technical feasibility before a product is launched.
Pawan Maheshwari is a SAP consultant with over 8 years of experience in SAP SD, LE, WM, and ERP environments. He currently works as a SAP Global Service Analyst for Momentive Performance Materials, where he provides production support and is an expert in configuring special business processes. Previously, he worked for Unilever Europe, where he performed testing, support, and knowledge transfer. He holds an SAP-SD certification from 2007 and has experience in the pharmaceutical industry.
Lane Oltmanns has over 27 years of experience in mechanical engineering and business development roles at Gates Corporation. He has held various engineering, management, and director level positions managing product lines ranging from $125M to $800M in revenue. Oltmanns has extensive experience in new product development, commercialization, lean manufacturing, and quality systems. He has a Bachelor's degree in Mechanical Engineering and is a Six Sigma Black Belt.
This document discusses key concepts related to new product development including defining what constitutes a new product, the significance and benefits of new products, reasons for new product failure, and the scope and goals of product management. A new product is defined as something new to the world, a new product line, or an improvement/revision to an existing product. Developing new products provides benefits like growth, responding to competition, utilizing excess capacity, and increasing profitability. Common reasons for new product failures include being a "me too" product, lacking genuine superiority, poor market research, and rushing products to market before they are ready. The goal of product management is product planning, development, branding and creating value at each stage of the product lifecycle
Fernando was given the task of investigating the use of a pan pelletiser to produce a granular product from a customer's powder. He developed a schedule and identified critical control parameters through research. Fernando successfully produced batches of various grades for customer testing. His detailed report identified areas for improvement to optimize production. Fernando demonstrated strong engineering skills, the ability to work with others, and to manage multiple projects on schedule. His work provides a valuable basis for evaluating future materials for granulation and expanding the company's granulation capabilities.
The document discusses product planning, research and development, and new product development. It covers several key points:
1. Research and development involves both pure research to discover new scientific laws as well as applied research to solve specific problems. Development works to translate research findings into new products and processes.
2. Planning R&D requires determining a total budget and selecting specific projects. Budgeting helps coordinate activities and allows projects to be formally reviewed.
3. Controlling R&D involves budget versus actual cost comparisons to evaluate programs and efficiency. Reports should be prepared frequently to identify issues.
4. A product typically goes through development, growth, maturity, and decline stages in its life cycle. Preplanning is
This document discusses new product development. It defines a new product and lists types of new products. The stages of new product development are outlined, including idea generation, screening, concept development/testing, market strategy development, business analysis, test marketing, and commercialization. New products are developed to create future revenue, replace declining products, take advantage of new technologies, and maintain competitive advantage. The key to success is having the right operating philosophy, organization structure, experience, and management style.
This document outlines the marking criteria for an assignment on addressing the four drivers of innovation and how a company applies them. It will be marked based on: 1) An in-depth critical analysis of how a company applies the four drivers of innovation in its market context; 2) The use of appropriate frameworks to analyze the market environment and provide meaningful information about the company; 3) The inclusion of up-to-date market information; 4) Justified conclusions about the use of the four drivers in the selected context. Additional criteria include adequate referencing and presenting the information in a final report meeting the given guidelines.
Converting an idea or a lab prototype into a real, customer-ready product is no simple task. Learn how to turn your idea into a successful product by following the “V-model” of concept development. Learn how to differentiate between the steps of product development, including research, design, implementation, testing, verification, validation, operations and maintenance.
For more information including video, visit: http://www.marsdd.com/events/details.html?uuid=5179eb9d-26fd-4bf8-90a3-96850373594a
This document discusses new product development project management. It introduces Evgeny Pikulev, a project management professional and business trainer. The document then summarizes Edward Fern's Ten-P Paradigm methodology for product development project management. Examples of both a successful project, Tesla Motors, and an unsuccessful project, Yo-Mobile, are provided and the key reasons for their success or failure are analyzed based on the Ten-P Paradigm methodology. The document concludes that both the right methodology and corporate management of projects are needed for successful new product development.
This document outlines the stages of new product development including idea generation, screening, concept development, business analysis, product development and evaluation, development and evaluation of marketing mix, test marketing, and commercialization of the product. It also discusses factors related to the cost of production and marketing such as break even analysis, fixed and working capital, capitalization, sources of finance, and cost of capital. Finally, it describes the objectives of a legal feasibility analysis for a project which are to ensure the project is legally viable, facilitate risk management, and avoid major problems in the project's development and implementation.
What challenges does a company face in developing new products and sercives.pptxSameer Mathur
The document discusses the challenges of developing new products and services. It notes that fewer than 10% of new products are truly innovative. Developing new products presents high technological uncertainty, fierce competition, and high investment risks. It provides an example of how Gore overcame these challenges by involving customers early, giving employees flexibility to choose projects, and judging ideas based on feasibility, competitiveness, and profitability. The document also discusses reasons for new product failure, including poor advertising and wrong timing.
This document discusses product life cycles and strategies for managing products through each stage. It begins by outlining factors that can demand changes in product strategy, such as customer needs, technology, laws, and the product life cycle. It then describes the stages of new product development, including idea generation, screening, concept development, business analysis, market testing, and commercialization. For each stage, key activities are outlined. The document also discusses factors for success and failure of new products, and strategies for managing products in the introduction, growth, maturity, and decline stages of the product life cycle. Overall, the document provides an overview of developing, launching, and managing products throughout their lifespans.
The document discusses the assessment of entrepreneurial plans. It outlines several factors that should be considered when evaluating new venture opportunities during the pre-startup and startup phases, including uniqueness, investment needs, expected growth, product/service availability, and customer availability. It then describes various processes for analyzing opportunities, including conducting a landscape analysis considering political, economic, social, technological, environmental, and legal factors; assessing the industry environment using models like Porter's Five Forces; analyzing uncertainties, barriers to entry, competitors; and conducting technical, market, financial, and organizational profiles. It concludes by discussing common pitfalls in selecting new ventures like lack of objectivity, insufficient market insights, technical/financial misunderstandings, lack of uniqueness, and
Creating innovative products involves understanding customer needs and developing products that meet those needs better than competitors. There is a 12-step new product development process that includes idea generation, screening, testing, market research, development, and launch. Understanding customers and the market is critical for success. Tools like buyer utility maps, pricing corridors, and business models can help reduce risk and increase innovation by ensuring products deliver value and are profitable. Applying strategies like Six Sigma can also improve the development process.
New Product Management PowerPoint Presentation Slides SlideTeam
With our 78 slides content-ready New Product Management PowerPoint Presentation Slides deck, you can easily construct your PPT presentation for product management. This will save you time and money as it takes huge effort and time in planning a professional presentation from scratch. You can take advantage of New Product Management presentation deck example to showcase various topics such as new product introduction, product detailed overview, product idea screening, understanding customer needs, internal sources of new product ideas, product roadmap, product analysis, Porter’s five forces model, introduction and growth stage, and many more. Apart from this, BCG matrix, Ansoff matrix, empathy map, kano map, geographic and demographic segmentation are also included in this professional PPT sample file. Here we have widely covered each aspect of product management. This New Product Development Presentation templates can also has one off designs like product market mapping, digital marketing plan, budgeting plan, branding & repositioning, feasibility review etc. Just download this New Product Management PPT Presentation Slides to easily go through the tough task of planning everything on your own. Extol the benefits of being gentle with our New Product Management PowerPoint Presentation Slides. They help discourage harsh behavior.
The document discusses marketing strategies throughout a product's life cycle for semiconductor equipment. It outlines the key stages of introduction, growth, maturity, and decline. For the introduction stage, it emphasizes involving customers early, establishing partnerships for feedback, and having a well-defined future strategy. In the growth stage, it focuses on meeting delivery schedules and using pricing to recover investments. The maturity stage prioritizes maintaining market share through reliability and support. Finally, the declining stage may attempt extending product life through enhancements or finding new applications.
New Product Management Powerpoint Presentation SlidesSlideTeam
“You can download this product from SlideTeam.net”
With our 78 slides content-ready New Product Management Powerpoint Presentation Slides deck, you can easily construct your PPT presentation for product management. This will save you time and money as it takes huge effort and time in planning a professional presentation from scratch. You can take advantage of New Product Management presentation deck example to showcase various topics such as new product introduction, product detailed overview, product idea screening, understanding customer needs, internal sources of new product ideas, product roadmap, product analysis, Porter’s five forces model, introduction and growth stage, and many more. Apart from this, BCG matrix, Ansoff matrix, empathy map, kano map, geographic and demographic segmentation are also included in this professional PPT sample file. Here we have widely covered each aspect of product management. This New Product Development Presentation templates can also has one off designs like product market mapping, digital marketing plan, budgeting plan, branding & repositioning, feasibility review etc. Just download this New Product Management PPT Presentation Slides to easily go through the tough task of planning everything on your own. Extol the benefits of being gentle with our New Product Management Powerpoint Presentation Slides. They help discourage harsh behavior. https://bit.ly/30rOnem
Emerging markets already offer a wide range of business opportunities
and the number of attractive business cases is growing at a rapid
pace. Population growth, urbanization, industrialization, improved
governance structures and the massive development in modern ICT
technology are making the markets even more attractive and accessible
for foreign companies...
The document discusses strategic innovation and new product development. It outlines the key aspects of strategic innovation including new business models, new markets, and increased value for customers and companies. It also discusses the dimensions and features of strategic innovation.
The document then covers various aspects of new product development including identifying market opportunities and dynamics, developing marketing strategies, product testing, and commercialization. It provides examples of innovation platforms from companies like Apple and DSM. Finally, it discusses the process of new product development from strategy to commercialization.
The document discusses various aspects of strategic innovation including strategy, new business models, new markets, value creation for customers and companies, dimensions of strategic innovation, aspects of innovation like market impact, market opportunity, and market dynamics. It also talks about new product development process, factors for new product success, types of new products, and examples of innovation platforms from companies like Apple and DSM. The document provides an overview of key concepts in strategic innovation, new product development, and types of innovation.
The document discusses strategies for transforming an industry through value innovation. It outlines strategies such as expanding industry boundaries, focusing on creating new customer value rather than competing on price, and growing demand by attracting new customer segments. Key elements of the strategy include focusing on a few compelling factors valued by customers, having a unique value proposition, and communicating a clear message of the value offered.
Om0013 advanced production and operations managementsmumbahelp
This document provides information about getting fully solved assignments. It gives a mail ID and phone number to contact for assignment help. It provides details like the semester, subject code, name, credits and marks for the Advanced Production and Operations Management subject. It also includes sample questions and answers related to the subject matter. The questions cover topics like types of operational strategies, computer-aided manufacturing, applications of just-in-time, new product development, V4L principles and demand management.
The document discusses new product development and product life cycle strategies. It describes the 8 major steps in new product development: 1) idea generation, 2) idea screening, 3) concept development, 4) marketing strategy, 5) business analysis, 6) product development, 7) test marketing, and 8) commercialization. It also outlines the typical stages in a product's life cycle: introduction, growth, maturity, and decline. Strategies are discussed for each stage of the product life cycle.
The document discusses category management strategies and services provided by Alan R. Segal to improve business performance. Some key services include analyzing product lines and inventory to increase profits and sales, researching competitors to identify opportunities, and streamlining processes to enhance supply chain efficiencies. The document provides examples of how Alan has helped clients increase margins, eliminate underperforming products, and optimize operations through category management solutions.
This document summarizes the CEED Go-To-Market program, which helps accelerate new product initiatives over 7 hands-on workshops. The program provides practical knowledge and feedback to help participants validate whether their product is viable for market. It is designed for startups, product owners in established companies, entrepreneurs focused on global growth, and companies that want to improve unsuccessful product launches. The program challenges business models, defines market position and strategy, and shares financing knowledge, with the goal of preparing participants for future product success.
This document summarizes a webinar about Blue Ocean Strategy presented by the Harvard Business School Club of Washington DC. The webinar discussed how Blue Ocean Strategy allows entrepreneurs to create new market space without competition by modifying their business model, product/service offering, target market, and strategy implementation. Specific tools from Blue Ocean Strategy discussed include the Four Actions Framework, ERRC Grid, Strategy Canvas, and focusing on non-customers to unlock new demand. The presenters aimed to help university startup competition participants apply these Blue Ocean Strategy concepts and tools to their ventures.
chapter 3 NEW PRODUCT DEVELOPMENT logistics.pptxDanielDeGuzman23
Logic is the study of correct reasoning. It includes both formal and informal logic. Formal logic is the science of deductively valid inferences or logical truths. It studies how conclusions follow
This 4 step approach is designed to help an intrapreneur to study a new market, to deep dive into customer’s mind, to build minimum viable product (MVP) concept, to launch pilot test and to measure customer’s feedback
This document discusses various aspects of new product development, including replacing products in decline with new products. It describes different types of new products and the importance of core competencies. The document outlines the new product development process, from idea generation and screening to concept development, business analysis, product development, market testing, and commercialization. It also discusses sustaining innovation for demanding customers through incremental improvements versus disruptive innovation for less demanding customers through lower-cost, simpler products. Mass customization aims to deliver customized products and services with near mass production efficiency, driven by market demands, competition, and new technologies.
The document discusses adopting a "collaborative approach" rather than a "customer-controlled approach" when an implementer company works with a customer company on a software project. It suggests that the implementer should regularly provide input and disagree with the customer to improve the product, rather than just agreeing with the customer. It provides techniques for the implementer to do this respectfully at different project phases, from bidding to initiation to execution, such as presenting alternative solutions, analyzing impacts of changes, and having open discussions. The goal is for the two companies to work as peers to deliver the best product outcome.
The document discusses product planning and development processes. It defines product planning and describes four types of product development projects. It then outlines the key steps in a typical product development process: identifying opportunities, evaluating and prioritizing projects, allocating resources and planning timing, completing pre-project planning, and reflecting on results. Key aspects of evaluating projects, different product types, and pre-project planning are also summarized.
Similar to More Facts Mean More Focus - Lesson 5 (20)
The document discusses finding a sponsor to help advance one's career. It explains that a sponsor is someone with influence in the organization who can advocate for advancing someone to the next level, and that a mentor is not necessarily a sponsor. Three key requirements for career advancement are described as having an opportunity, being ready for a new role in terms of one's skills and attributes, and having someone sponsor you. An action plan is provided that involves looking for openings, assessing your qualifications, discussing your interest with your manager, and asking for advice on identifying a potential sponsor.
Tactical vs Strategic Licensing (Part II)mhastbacka
This document discusses the differences between tactical and strategic technology licensing from a business operations perspective. It explores the resources, organization, and business processes needed to transform from tactical to strategic licensing. Specifically, it addresses assessing licensable technologies, ensuring licensing processes are in place, structuring licensing organizations like profit/loss centers, and determining if licensing is a viable business strategy. The document provides questions to help companies evaluate where they are on the tactical to strategic licensing continuum.
Facing a Job Interview? 5 Prep Tips for Acing It! Part 2mhastbacka
The document provides 5 tips for preparing for a job interview beyond just researching the company. The tips are to:
1) Think about how you fit with both the job and company based on your research.
2) Think about past professional accomplishments and examples to provide that show skills and achievements.
3) Think about past personal accomplishments and examples that show characteristics leading to job success.
4) Think through rationally why you want to change jobs and how you make important decisions.
5) Develop a compelling reason why you could uniquely help the company and be prepared to discuss enthusiastically.
Flipping the Script on Homelessness & Unemploymentmhastbacka
Shelters to Shutters is an organization that aims to transition individuals and families out of homelessness and into economic self-sufficiency. They do this by screening job candidates experiencing homelessness and referring them to property management companies, who then hire and provide discounted housing to the candidates. The organization has expanded beyond its origins in Vienna, Virginia to over a dozen cities. Data shows their approach has been successful, with over 90% of participants receiving promotions or wage increases, over 90% avoiding returning to homeless services, and a near 90% employee retention rate.
Four Reasons Why Introverts Make Good Mentorsmhastbacka
The document discusses how introverts can make good mentors in four key ways: 1) Introverts prefer developing meaningful relationships rather than superficial ones, allowing them to invest more time in mentees. 2) Introverts are good listeners, focusing on what mentees say. 3) Introverts think carefully before offering advice, providing thoughtful perspectives. 4) Introverts enjoy exploring new ideas and possibilities with mentees in a supportive way. The document advocates that introverts recognize their styles facilitate productive mentorships that benefit both mentees' development and companies' goals.
Mentoring an Introvert? Five Points to Considermhastbacka
In the workplace, both introverts and extroverts reveal their work style and preferences through their actions. If you're mentoring an introvert, here are five points to consider.
Even with effective mentoring relationships in the workplace, employees can feel “stalled” in their careers.Before you go looking for a sponsor, consider these three essential requirements for career advancement.
Did you know that Criticism (or coaching, correction, re-direction, guidance) can be a gift to those who receive it? Here are four tips to delivering criticism that leaves both parties feeling great!
The Seven C's of Open Innovation Excellencemhastbacka
Open Innovation has become a well-established practice within strategic technology management.Once the decision has been made to engage with external partners, particularly in relationships that are not simply arms-length acquisition transactions (you sell, we buy), achieving excellence in open innovation requires specific organizational characteristics and inter-organizational behaviors. Some of these key characteristics and behaviors are summarized in the following "The Seven C's of Open Innovation Excellence"...
Mentors, here is the good news: it’s likely that all elements you need to carry out an effective mentoring program are already available within your company. Whether you’re just beginning a mentoring program or already have one in place, consider the following diagnostic checklist of effective mentoring practices to learn where you may want to make improvements to your process.
Lessons Learned in Technology Assessment - Lesson Onemhastbacka
This document discusses the importance of treating technology assessment conclusions as hypotheses rather than facts. It provides an example of a company that was considering acquiring another company's thermal barrier coating technology for aircraft turbines. However, treating the initial positive assessment as a hypothesis led to important discoveries during due diligence. Specifically, it was found that the intellectual property for one of the coating facilities was actually owned by another party. It also came to light that a competitor had acquired a large foreign facility with competing technology. These "red flags" caused the client to proceed with more caution on the potential acquisition. The lesson is that fully vetting conclusions through proof testing hypotheses can prevent premature or ill-advised investment decisions.
Meeting your mentor at Starbucks? Think again!mhastbacka
The document discusses the pros and cons of meeting mentors at casual locations like Starbucks versus meeting within the workplace. While coffee shops are popular for business meetings, they may not be the best setting for internal mentor-mentee conversations due to their informal atmosphere. Workplace-based conversations can enhance communication and mentoring outcomes by allowing for improved timeliness, greater frequency of feedback sessions, and better quality discussions. Meeting onsite is also less likely to create perceptions that the relationship is more personal than professional. The only time an offsite venue may be suitable is after a significant goal or achievement has been accomplished.
Lessons learned from the front lines of mentoringmhastbacka
The document outlines lessons learned from mentoring including that mentoring is a management activity that should be scheduled regularly on a manager's calendar. It recommends assigning mentees real projects and holding weekly review meetings. Additionally, mentors should introduce mentees to resources and hold regular one-on-one touch base meetings in the first few months. Successful mentoring treats mentees as adults and utilizes experienced staff, resulting in a rewarding experience for both mentors and mentees.
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
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Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
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Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
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2. This is the of a series of
posts to share with you six
important lessons we’ve learned
through our experiences working
with numerous commercial clients
in a variety of situations.
5th
3. ON THE
PATH to your success in developing
and commercializing technologies, they
will help you avoid common pitfalls,
unwarranted assumptions, and other
sources of technical and commercial bias
that could add up to business failures.
5. The “end game” of any
technology assessment
is to formulate and
implement a plan of
action – a plan that has
beneficial business
outcomes.
6. Begin every technology
assessment with that plan of
action in mind. Doing so will
drive you to develop more
facts related to your
implementation plan. And
developing more facts will
sharpen your focus and help
establish priorities.
8. • For both environmental as well as economic
reasons, the client was interested in identifying
ways to turn a waste stream into a marketable
co-product.
SITUATION
9. • The client had a vague idea that they could
turn their waste stream into a mineral
extender/filler/additive, but they were not
currently selling into any markets with those
types of raw material needs.
10. TECHNOLOGY ASSESSMENT NEED
Develop and characterize the potential
“product/market” roadmap that could be
addressable by the client’s upgraded waste
stream co-product.
12. • Analyzed the economic balance
point between purifying the waste
stream and its saleability as a co-
product
• Researched industry needs, by market
segment, in terms of particle size and purity
• Balanced market segment needs against the
cost of refining the waste stream into saleable
form
13. OUTCOME
We identified sealants as an attractive application
area for the client’s co-product and projected the
size of the client’s addressable market for the next
several years.
14. On the basis of our findings, the
client decided to adjust their
manufacturing plant to focus on
the specifications needed for the
sealant market and to begin
commercial development efforts
directed toward that market.