Your Innovation Coach: A Unique Subscription Service

Brands IC LogoThere are many paths to grow a company’s revenue and earnings. That topic typically consumes the majority of management bandwidth. Organic market growth, geographic expansion and acquisitions are all viable strategies. But are you ignoring the role of innovation? Continue reading

What’s the Next Big Thing in Innovation Management?

big thingA colleague of mine, Robert Brands of Brands & Company (1), recently posed a question. He asked, “…so what do you think is the next big thing in innovation management?” For instance, there are concepts such as “blue ocean strategy”, “open innovation”, “lean start-up strategy” and even “big data” that have occupied much of the innovation management press. Countless books and articles tout the latest “best practice”. What will be next, Robert asked?  Continue reading

Innovate Your Innovation Process

innovateAre you a small to mid-sized (SME) manufacturing company with a singular focus on understanding your customer needs, providing superior products to meet those needs and growing your revenue and earnings? It goes without saying that for every company, these goals should and do consume significant management bandwidth. The problem is that most organizations become too inwardly focused (1). They do not consider what might be happening outside their company, and even beyond their industry, and leverage that knowledge to create new customer value. This has driven the popularity of the concept of “open innovation”. Maybe we should extend the concept of open innovation to other important aspects of a business such as the innovation management process. Why not, in other words, “innovate your innovation process” by learning from others? Continue reading

Assessing Your New Product Development (NPD) Process

continuous learningFor anyone responsible for managing a new product development (NPD) process, continually assessing your process and learning from other’s experiences is a must. These whitepapers available at no charge cover a wide range of topics including the role of management in NPD success, metrics, project definition, portfolio management and online tools, project risk, among others.   Continue reading

Innovation Coach – 2015 Workshop Series: Cincinnati Registration Closes February 13

Brands IC LogoAre you a small to mid-sized manufacturing company and realize that for continued growth in revenue and earnings you must improve your ability to manage innovation and new product development? The Innovation Coach offered by New Product Visions are unique workshops focused on creating or improving an existing new product development (NPD) process. The workshops are accessible and affordable for small to mid-sized businesses, and a cost effective way to quickly learn how to improve your ability to manage innovation and grow revenue and earnings. Continue reading

Innovation Coach – 2015 Workshop Series: Philadelphia Registration Deadline

Brands IC LogoAre you a small to mid-sized manufacturing company and realize that for continued growth in revenue and earnings you must improve your ability to manage innovation and new product development? The Innovation Coach offered by New Product Visions are unique workshops focused on creating or improving an existing new product development (NPD) process. The workshops are accessible and affordable for small to mid-sized businesses, and a cost effective way to quickly learn how to improve your ability to manage innovation and grow revenue and earnings. Continue reading

Innovation Coach – 2015 Workshop Series: New Online Format

Brands IC LogoAre you a small to mid-sized manufacturing company and realize that for continued growth in revenue and earnings you must improve your ability to manage innovation and new product development? The Innovation Coach offered by New Product Visions are unique workshops focused on creating or improving an existing new product development (NPD) process. The workshops are accessible and affordable for small to mid-sized businesses, and a cost effective way to quickly learn how to improve your ability to manage innovation and grow revenue and earnings. Continue reading

U.S. Debt, China and Innovation

US-Dollar-China-YuanWhat does the U.S. debt, the Chinese economy and innovation have in common? More than you think.

Among all the other political stories in the U.S. that consume the media’s attention and many Americans, not much was heard recently about two disturbing trends that will impact the long-term economic well-being of every American household. Continue reading

Innovation Coach – 2015 Workshop Series

Brands IC LogoAre you a small to mid-sized manufacturing company and realize that for continued growth in revenue and earnings you must improve your ability to manage innovation and new product development? The Innovation Coach offered by New Product Visions is a unique 4-day group workshop focused on creating or improving an existing new product development (NPD) process. Continue reading

Practical Tools for Project Portfolio Management

Portfolio2For any size business that undertakes multiple simultaneous projects, the ability to manage the project portfolio is a constant struggle (1).  In particular, the portfolio over time tends to move to a higher state of disorder akin to the concept of entropy (2). Think about what happens at most companies, large and small: over time, more projects get started before existing projects are complete. Engineers are expected to work on not just one or two projects, which is ideal, but now must multi-task across multiple projects. On top of that, important customers demand new software features or enhancements to existing products, further diluting the focus on current projects. Statements like “every project seems to be late, never early”, “we always underestimate project cycle time” and “we constantly pull team members from a project to fix high priority customer requests” are common, especially in small to mid-sized firms. There are simply too many projects for too few resources, and the system grinds to halt.  Continue reading