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Product roadshows in an early development stage:
Pros & Cons

1
Jef Aernouts
2012 – now

Consultant Applied
Physics and Systems, Verhaert
2007 – 2012 PhD in Physics, University of Antwerp
2003 – 2007 Master in Physics, University of Antwerp
jef.aernouts@verhaert.com

2
Content
1.
2.
3.
4.
5.

The title
Based upon a true story…
What makes a good demonstration?
Early stage demonstrations: discussion
Conclusions

3
Product roadshows in an early development stage

Source: merriam-webster.com/dictionary

4
Product roadshows in an early development stage

5
Product roadshows in an early development stage

Concept
generation

Demonstrator

Lab-scale
testing

Prototyping

Detailed
design

6

Production

…
Product roadshows in an early development stage

Concept
generation

Demonstrator

Lab-scale
testing

Prototyping

Detailed
design

Production

…

Example: Chromascope (measure color and fluorescence in rough diamonds)
7
CONFIDENTIAL

Based upon a true story…

8
Who?

+

• Initiative
• Contacts with relevant industry
• “Commercial”

9

• Product development
• Testing
• “Technical”
What?
Tool for measuring boreholes in aviation industry


Production

10

Research
What?
•
•

HQMS: Hole Quality Measurement System
Revolutionary device:

11
Where?

Roadshows to…

March 2013
• Dallas (F-35)
• Tampa (F-16)
• Atlanta (C-130)

April 2013
• Nantes
•Toulouse

12
When (in the development stage)?
Current position

Concept
generation

Demonstrator

Lab-scale
testing

Prototyping

Detailed
design

Production

…

Artist impression
13
When (in the development stage)?
Breadboard:

14
CONFIDENTIAL

What makes a good demonstration?

15
What is a good demonstrator?
The cheapest solution to demonstrate the Front End of the product:
•
•
•
•

Demonstrating the meaning
Demonstrating the usability
Demonstrating the desirability
Demonstrating the feasibility

 Know your public, and focus accordingly!

16
What is a good demonstrator?  HQMS
The cheapest solution to demonstrate the Front End of the product:
•
•
•
•

Demonstrating the meaning
Demonstrating the usability
Demonstrating the desirability
Demonstrating the feasibility

 Know your public, and focus accordingly!

chief measurement systems,
representatives measurement systems,
production engineers,
quality control engineers,
purchasing
Demo time: 1.5 h
60% commercial,
40% technical

17
What is a good demonstrator?  HQMS
The cheapest solution to demonstrate the Front End of the product:
•
•
•
•

Demonstrating the meaning
Demonstrating the usability
Demonstrating the desirability
Demonstrating the feasibility

 Know your public, and focus accordingly!

chief measurement systems,
representatives measurement systems,
production engineers,
quality control engineers,
purchasing
Demo time: 1.5 h
60% commercial,
40% technical

18
From “one trick” towards engagement
•
•

Creating a momentum
Build upon insights during the roadshow

19
From “one trick” towards engagement  HQMS
•
•

Creating a momentum
Build upon insights during the roadshow

Experiences with HQMS:
• Give handovers, brochures
• Invited for a demo in-house (at Verhaert)
• Samples sent for validation measurements
• …

20
A good demonstration

Business
factors:
Budgets &
timing

Human
appreciation
factors:
Usability &
looks
Technical
risk factors:
Demonstrated
functionality

21
A good demonstration  HQMS

Business
factors:
Budgets &
timing

Human
appreciation
factors:
Usability &
looks
Technical
risk factors:
Demonstrated
functionality

22
A good demonstration  HQMS

Business
factors:
Budgets &
timing

Human
appreciation
factors:
Usability &
looks
Technical
risk factors:
Demonstrated
functionality

23
A good demonstration  HQMS

Business
factors:
Budgets &
timing

Human
appreciation
factors:
Usability &
looks
Technical
risk factors:
Demonstrated
functionality

24
It is not just a technical demonstration

25
It is not just a technical demonstration

It is about creating interest and confidence

26
CONFIDENTIAL

Early stage demonstrations: discussion

27
Early stage demonstrations… are not new
High investment cost
e.g. real estate

28
Early stage demonstrations… are not new
High investment cost
e.g. real estate

Niche market
e.g. aviation industry

29
Early stage demonstrations… are not new
High investment cost
e.g. real estate

Niche market
e.g. aviation industry

Intensive R&D projects
e.g. introduction iPhone 1

30
Early market feedback
•
•

For niche markets
For highly investment intensive R&D projects

31
Early market feedback
•
•

For niche markets
For highly investment intensive R&D projects

•

Turning around the learning curve
Learning curve

Feedback

Time

32
Early market feedback
•
•

For niche markets
For highly investment intensive R&D projects

•

Turning around the learning curve
Learning curve

Feedback

1
2

33

Risk management

3
Time

Feature management

Budget management
Feature management

1

User-centered design: customize product to specific needs user

Source: www.dcndx.com

34
Feature management

1

User-centered design: customize product to specific needs user
Early stage feedback  Reduce implementation cost
# Changes (conventional)
# Changes with early feedback
Cost per change

time

35
Feature management  HQMS
Learned from early stage demonstration with HQMS:
•
•
•
•
•
•
•
•
•

Work on carbon fiber materials
Mounted on a robot ↔ handheld
Use a docking station for data-transfer
Be able to measure blind holes
Measure smaller diameters than initially thought
Head height measurement
No bushing can be used for positioning
Measure curvature of a hole
…

36
Feature management  HQMS
Learned from early stage demonstration with HQMS:
•
•
•
•
•
•
•
•
•

Work on carbon fiber materials
Mounted on a robot ↔ handheld
Use a docking station for data-transfer
Be able to measure blind holes
Measure smaller diameters than initially thought
Head height measurement
No bushing can be used for positioning
Measure curvature of a hole
…

For production: some features removed rather than added.
“Avoid building a Rolls Royce when a Peugeot is needed”
•
•
•

Should just have a go/no-go LED
Some diameters never measured
…

37
Risk management

2

Early detection of risks allows measures at lower costs and with less impact on schedule
“Fail fast, fail cheap”

Source: INCOSE Systems Engineering Handbook

38
Risk management  HQMS
Learned from early stage demonstration with HQMS:
•
•
•
•
•

Rough handling in production: dust, dropped…
Blind holes: probe tip damage
Device cannot make use of Wi-Fi
Specific materials: no reflection
…

39
Budget management

3

Early stage roadshows allow…

not to spend more money
than needed.

40
Budget management

3

Early stage roadshows allow…

to amortize development cost on
production.

not to spend more money
than needed.

41
Budget management

3

Early stage roadshows allow…

to amortize development cost on
production.

not to spend more money
than needed.

to have early go/no-go decisions.

42
Budget management

3

Early stage roadshows allow…

to amortize development cost on
production.

not to spend more money
than needed.

potential co-investment
of lead user.

to have early go/no-go decisions.

43
Budget management  HQMS
Early stage roadshows allow…

Low-budget demonstrator
~ 20 hours

not to spend more money
than needed.

Low-budget user interface
~ 40 hours

44
CONFIDENTIAL

Conclusions

45
Product roadshows in an early development stage

+
•
•
•
•

•
•
•

-

Early market validation
Create engagement
Turn around the learning
curve
Detect desired features
early
Detect risks early
Reduce costs
…

•
•
•
•
•

46

IP position
Readiness (cf. iPhone 1)
Unfinished product
Lead users can lead to
over-specification
…
Product roadshows in an early development stage

•Know your audience
•Consider the pros and cons
•Manage expectations
•Have a clear business proposition
•Make sure you control the demo infrastructure (network, beamer …)
•Be sure the demonstrator works

Turn early stage demonstration into a positive experience!

47
Risk based development methods

Cut

Tangible

Risk focus

Early

Options

• Development
phases
• Functional
subsystems

• Visualize
• Simulate
• Test
• Review
• Roadshow

• Criticalities
• Added value
• 360°

• Rapid
prototyping
• First time right

• Backup
• Buffer
• Requirements
vs. design

48
49
VERHAERT MASTERS IN
INNOVATION® Headquarters
Hogenakkerhoekstraat 21
9150 Kruibeke (B)
tel +32 (0)3 250 19 00
fax +32 (0)3 254 10 08
ezine@verhaert.com
More at www.verhaert.com

VERHAERT MASTERS IN
INNOVATION®

MASTERS

IN

INNOVATION®

is a platform set up by VERHAERT to

train, stimulate and incubate you as an innovator.
We provide an extensive training program with different tracks and covering critical areas of new
products and business innovation.
Furthermore we manage the VERHAERT venturing program and organize our Innovation Day, an
annual conference on best practices and insights on new products & business innovation.

50

Netherlands
ESIC European Space Innovation Centre
Kapteynstraat 1
2201 BB Noordwijk (NL)
Tel: +31 (0)618 12 19 19
derk.schneemann@verhaert.com
More at www.verhaert.com

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Verhaert Innovation Day - Product roadshows in an early development stage: Pros & Cons

  • 1. Product roadshows in an early development stage: Pros & Cons 1
  • 2. Jef Aernouts 2012 – now Consultant Applied Physics and Systems, Verhaert 2007 – 2012 PhD in Physics, University of Antwerp 2003 – 2007 Master in Physics, University of Antwerp jef.aernouts@verhaert.com 2
  • 3. Content 1. 2. 3. 4. 5. The title Based upon a true story… What makes a good demonstration? Early stage demonstrations: discussion Conclusions 3
  • 4. Product roadshows in an early development stage Source: merriam-webster.com/dictionary 4
  • 5. Product roadshows in an early development stage 5
  • 6. Product roadshows in an early development stage Concept generation Demonstrator Lab-scale testing Prototyping Detailed design 6 Production …
  • 7. Product roadshows in an early development stage Concept generation Demonstrator Lab-scale testing Prototyping Detailed design Production … Example: Chromascope (measure color and fluorescence in rough diamonds) 7
  • 8. CONFIDENTIAL Based upon a true story… 8
  • 9. Who? + • Initiative • Contacts with relevant industry • “Commercial” 9 • Product development • Testing • “Technical”
  • 10. What? Tool for measuring boreholes in aviation industry  Production 10 Research
  • 11. What? • • HQMS: Hole Quality Measurement System Revolutionary device: 11
  • 12. Where? Roadshows to… March 2013 • Dallas (F-35) • Tampa (F-16) • Atlanta (C-130) April 2013 • Nantes •Toulouse 12
  • 13. When (in the development stage)? Current position Concept generation Demonstrator Lab-scale testing Prototyping Detailed design Production … Artist impression 13
  • 14. When (in the development stage)? Breadboard: 14
  • 15. CONFIDENTIAL What makes a good demonstration? 15
  • 16. What is a good demonstrator? The cheapest solution to demonstrate the Front End of the product: • • • • Demonstrating the meaning Demonstrating the usability Demonstrating the desirability Demonstrating the feasibility  Know your public, and focus accordingly! 16
  • 17. What is a good demonstrator?  HQMS The cheapest solution to demonstrate the Front End of the product: • • • • Demonstrating the meaning Demonstrating the usability Demonstrating the desirability Demonstrating the feasibility  Know your public, and focus accordingly! chief measurement systems, representatives measurement systems, production engineers, quality control engineers, purchasing Demo time: 1.5 h 60% commercial, 40% technical 17
  • 18. What is a good demonstrator?  HQMS The cheapest solution to demonstrate the Front End of the product: • • • • Demonstrating the meaning Demonstrating the usability Demonstrating the desirability Demonstrating the feasibility  Know your public, and focus accordingly! chief measurement systems, representatives measurement systems, production engineers, quality control engineers, purchasing Demo time: 1.5 h 60% commercial, 40% technical 18
  • 19. From “one trick” towards engagement • • Creating a momentum Build upon insights during the roadshow 19
  • 20. From “one trick” towards engagement  HQMS • • Creating a momentum Build upon insights during the roadshow Experiences with HQMS: • Give handovers, brochures • Invited for a demo in-house (at Verhaert) • Samples sent for validation measurements • … 20
  • 21. A good demonstration Business factors: Budgets & timing Human appreciation factors: Usability & looks Technical risk factors: Demonstrated functionality 21
  • 22. A good demonstration  HQMS Business factors: Budgets & timing Human appreciation factors: Usability & looks Technical risk factors: Demonstrated functionality 22
  • 23. A good demonstration  HQMS Business factors: Budgets & timing Human appreciation factors: Usability & looks Technical risk factors: Demonstrated functionality 23
  • 24. A good demonstration  HQMS Business factors: Budgets & timing Human appreciation factors: Usability & looks Technical risk factors: Demonstrated functionality 24
  • 25. It is not just a technical demonstration 25
  • 26. It is not just a technical demonstration It is about creating interest and confidence 26
  • 28. Early stage demonstrations… are not new High investment cost e.g. real estate 28
  • 29. Early stage demonstrations… are not new High investment cost e.g. real estate Niche market e.g. aviation industry 29
  • 30. Early stage demonstrations… are not new High investment cost e.g. real estate Niche market e.g. aviation industry Intensive R&D projects e.g. introduction iPhone 1 30
  • 31. Early market feedback • • For niche markets For highly investment intensive R&D projects 31
  • 32. Early market feedback • • For niche markets For highly investment intensive R&D projects • Turning around the learning curve Learning curve Feedback Time 32
  • 33. Early market feedback • • For niche markets For highly investment intensive R&D projects • Turning around the learning curve Learning curve Feedback 1 2 33 Risk management 3 Time Feature management Budget management
  • 34. Feature management 1 User-centered design: customize product to specific needs user Source: www.dcndx.com 34
  • 35. Feature management 1 User-centered design: customize product to specific needs user Early stage feedback  Reduce implementation cost # Changes (conventional) # Changes with early feedback Cost per change time 35
  • 36. Feature management  HQMS Learned from early stage demonstration with HQMS: • • • • • • • • • Work on carbon fiber materials Mounted on a robot ↔ handheld Use a docking station for data-transfer Be able to measure blind holes Measure smaller diameters than initially thought Head height measurement No bushing can be used for positioning Measure curvature of a hole … 36
  • 37. Feature management  HQMS Learned from early stage demonstration with HQMS: • • • • • • • • • Work on carbon fiber materials Mounted on a robot ↔ handheld Use a docking station for data-transfer Be able to measure blind holes Measure smaller diameters than initially thought Head height measurement No bushing can be used for positioning Measure curvature of a hole … For production: some features removed rather than added. “Avoid building a Rolls Royce when a Peugeot is needed” • • • Should just have a go/no-go LED Some diameters never measured … 37
  • 38. Risk management 2 Early detection of risks allows measures at lower costs and with less impact on schedule “Fail fast, fail cheap” Source: INCOSE Systems Engineering Handbook 38
  • 39. Risk management  HQMS Learned from early stage demonstration with HQMS: • • • • • Rough handling in production: dust, dropped… Blind holes: probe tip damage Device cannot make use of Wi-Fi Specific materials: no reflection … 39
  • 40. Budget management 3 Early stage roadshows allow… not to spend more money than needed. 40
  • 41. Budget management 3 Early stage roadshows allow… to amortize development cost on production. not to spend more money than needed. 41
  • 42. Budget management 3 Early stage roadshows allow… to amortize development cost on production. not to spend more money than needed. to have early go/no-go decisions. 42
  • 43. Budget management 3 Early stage roadshows allow… to amortize development cost on production. not to spend more money than needed. potential co-investment of lead user. to have early go/no-go decisions. 43
  • 44. Budget management  HQMS Early stage roadshows allow… Low-budget demonstrator ~ 20 hours not to spend more money than needed. Low-budget user interface ~ 40 hours 44
  • 46. Product roadshows in an early development stage + • • • • • • • - Early market validation Create engagement Turn around the learning curve Detect desired features early Detect risks early Reduce costs … • • • • • 46 IP position Readiness (cf. iPhone 1) Unfinished product Lead users can lead to over-specification …
  • 47. Product roadshows in an early development stage •Know your audience •Consider the pros and cons •Manage expectations •Have a clear business proposition •Make sure you control the demo infrastructure (network, beamer …) •Be sure the demonstrator works Turn early stage demonstration into a positive experience! 47
  • 48. Risk based development methods Cut Tangible Risk focus Early Options • Development phases • Functional subsystems • Visualize • Simulate • Test • Review • Roadshow • Criticalities • Added value • 360° • Rapid prototyping • First time right • Backup • Buffer • Requirements vs. design 48
  • 49. 49
  • 50. VERHAERT MASTERS IN INNOVATION® Headquarters Hogenakkerhoekstraat 21 9150 Kruibeke (B) tel +32 (0)3 250 19 00 fax +32 (0)3 254 10 08 ezine@verhaert.com More at www.verhaert.com VERHAERT MASTERS IN INNOVATION® MASTERS IN INNOVATION® is a platform set up by VERHAERT to train, stimulate and incubate you as an innovator. We provide an extensive training program with different tracks and covering critical areas of new products and business innovation. Furthermore we manage the VERHAERT venturing program and organize our Innovation Day, an annual conference on best practices and insights on new products & business innovation. 50 Netherlands ESIC European Space Innovation Centre Kapteynstraat 1 2201 BB Noordwijk (NL) Tel: +31 (0)618 12 19 19 derk.schneemann@verhaert.com More at www.verhaert.com

Editor's Notes

  1. Different types of audience
  2. Different types of audience