How to Identify Uncertainties and Risks in Product Development Risk assessment for a major new product development initiative is very hard to do well. There are several reasons for this: New product development means doing something new. Whether it be new markets, new technologies or new business models, inevitably, the team will be unable to […]
A Harvard Business Review issue (May-June 2018), was devoted to the importance of creating a flexible and adaptable organization. This is supported by the 2013 Comparative Performance Assessment Study conducted by the PDMA Research Foundation. The study states, “The use of formal, structured processes may have reached its potential and companies are now testing the […]
How can established organizations be more nimble and adaptable? This is where entrepreneurial techniques, like experimentation and Exploratory PD, can be leveraged.