Creating Powerful Product Line Strategies & Roadmaps

Your strategy moves matter. Do you have a strong product line strategy with a sharp roadmap? Does your management make superb strategy decisions? The key is to understand the moves, both pivots and recasts. Teams mu The Adept Group is delighted to offer our superb workshop. Creating Powerful Product Line Strategies & Roadmaps January 17 and 18, 2019 in Ponte Vedra Beach, FL Info and Brochure This workshop delivers the knowledge to build and advance product lines. The workshop Read more […] Related posts: Eight Vital Facts about Product Line Strategies WHITEPAPER: Powerful Product Lines Strategies

Product Portfolio Management – Picking Flowers in the Dark

by Paul O’Connor Project prioritization is difficult. As a result, senior managers who govern portfolios often make things up as they go. Why not? Somebody must figure what’s more important and what’s not. It might as well be whoever is looking at the bubble charts. There are two big challenges with figuring out project prioritization. First, product lines teams don’t share their strategies well. Plus, these same product lines tend not to have detailed roadmaps to carry out their strategies. Read more […] Related posts: Good Portfolio Management Includes Front-end Work I Had a Portfolio Management Epiphany

How to Screw Up a Product Line

by Paul O’Connor When I began my career in product development a few decades ago, I simply didn’t understand how easy it is to screw up a product line. I was envious of those managers overseeing product lines. I thought managing established lines didn’t cause people to lose sleep worrying about how to develop and launch new stuff. They needed only to manage pricing, promotion and push on a sales force. Now, with much study and experience that accumulated into humility, I can say I was naïve. Read more […] Related posts: WHITEPAPER: Powerful Product Lines Strategies Multi-Generational Product Plans Vs. Product Line Strategies and Roadmaps

Product Versus Product Line

Roadmaps & Strategies There’s a major gap between product and product line thinking. By Paul O’Connor Stop for a moment. Do you know the difference between a product and a product line? Of course, you do. A product is a single offering with attributes that deliver benefit, satisfaction, and delight to customers. A product line is a group of products, each related to one another. Together, the products deliver sets of attributes. And attributes confer benefit, satisfaction, and customer delight. Read more […] Related posts: Eight Vital Facts about Product Line Strategies Multi-Generational Product Plans Vs. Product Line Strategies and Roadmaps

Fighting Evil Complexity Costs

Smart Product Line Strategies & Roadmaps by Paul O’Connor, NPDP Accounting can be as thrilling as getting teeth pulled. Cost accounting, however, is a skill product developers must get their arms around. This is the black art of calculating how much products cost to develop, make and sell.  I call it a black art not because of the easily understood direct, variable cost of a product. Rather it is a black art because a wizard must allocate mysterious organizational overhead to a product line Read more […] Related posts: WHITEPAPER: Powerful Product Lines Strategies Assessing the Full Risk of New Product Development Projects

WHITEPAPER: Powerful Product Lines Strategies

A Framework for Deconstructing and Improving Product Lines Strategies by Paul O’Connor   Business strategy is interesting. To many managers, business strategy seems monolithic. In reality, it wraps around many functional strategies. Supply chain management has a strategy. Sales has a strategy. Manufacturing has a strategy. Plus, companies can stress strategies for areas like brand management, engineering, information technology, and human resources. Each functional strategy has its own Read more […] Related posts: WHITEPAPER: Strategizing, Roadmapping and Executing the Product Line Creating Powerful Product Line Strategies & Roadmaps

Why Good Portfolio Management Depends on a Robust Front-end

NPD and R&D Inputs and Outputs   by Paul O’Connor      If you are interested in NPD and R&D portfolio management, here is an important insight: Most Portfolio Management discussions, presentations, and articles address only the management of those projects that are under development. To state this in terms of process management, the insight is that portfolio management focuses only on those projects that are underway within the Stage-gate process. If you need evidence, simply Read more […] Related posts: Good Portfolio Management Includes Front-end Work The Six Foremost Pitfalls of Product Development Portfolio Management

Breaking Through the Ceiling of Your NPD Portfolio

Leverage product line roadmapping to radically increase NPD productivity There is a ceiling on how much benefit your organization can gain from improving processes and capabilities related to stages and gates, and portfolio management.  No matter how you fine-tune these processes, the simple fact is that what enters the development pipeline is the main constraining factor on what comes. To break through this limitation, managers need to figure out how to get bigger and better innovations Read more […] Related posts: Portfolio Management Makes Way for Product Line Roadmapping The Profound Impact of Product Line Roadmapping

Best Practices and Mistakes to Avoid when Building Capability in Your NPD Architecture

Paul O’Connor has been developing thought leadership pieces around best practices — and common mistakes that CAN be avoided — for building out process capability across the full architecture of new product development. If you haven’t yet had a chance to read these, here are several ways to gather this information: Bringing Maturity to the Front-End: 5 Best Practices for Building Capability (published in InnovationManagement.se on May 26, 2014): Knowing the best practices to follow is key Read more […] Related posts: 7 Mistakes to Avoid When Integrating New Product Development Processes Celebrating the Gaps in Your New Product Development Processes

Celebrating the Gaps in Your New Product Development Processes

As companies mature in their stages-and-gates and portfolio management processes, they often become aware of gaps or immaturity in their new product development (NPD) processes earlier in the pipeline, i.e., in the front end. This is not a time to panic. In fact, it is a time to celebrate the progress that has been made and acknowledge that this maturity later in the pipeline is indicative of your organization’s ability to implement and mature processes in the front end. This is also a time to Read more […] Related posts: 7 Mistakes to Avoid When Integrating New Product Development Processes Front-to-Back New Product Development Process Design, Deployment and Alignment