Simply put, product development strategy is the creation of a new product to introduce into the market. The design and development phases collect technologies, materials, ideas and methods to define the product and how to manufacture the product. In structural engineering applications, product design and development is the process of designing and creating a new…
Categories: Product Development
Breaking Down The Global Product Development Process
With the cut-throat world of business growing by the day, shedding some light on global product development process is an important topic to discuss. Let’s take a better look at this process in order to unearth how product managers of organizations can steer their organizations in knowing where to leverage this growing phenomenon as a…
Your Product Development Methodology Process Guide
The product development methodology process consists of eight stages. Each stage consists of a description, steps and action items. Your Product Development Methodology Process Guide Stage 1: Validate the market problems This includes conducting a market research to improve your understanding of the market problem that you want to address. Your goal in this stage…
Agile Product Development Process
Agile product development is an essential aspect for most individuals. Most of the product managers are interested in producing what is agile and lean. They are always seeking ways to go about the problems that they are likely to encounter in the process. It is because of this that they are advised to incorporate the…
Improving the Product Development Process
The Product development process is a mechanism which delivers the new products reliably for the distribution or manufacture. It is critical and core component of a product strategy where the product can be created by you rather than sourcing from the supplier. There are many organizations that are trying to influence their product development efforts…
Top 3 Product Roadmap Software
I’m going to let you in on a little spoiler right away with this one. There’s no such thing as product roadmap software in and of itself. There are a few reasons for this, and I completely understand them logically, myself. The primary reason is that this roadmap concept isn’t even much of a thing…
New Product Development Strategy – Understanding the Process
I find myself at an impasse with the new product development strategy topic. See, I actually discussed this in fairly good detail (as non-technical discussion goes), when talking about the general product development and management lifecycles both. Now, it’s my fault that happened because I tend to give more information than is required. But, since…