See matching posts in thread - Product Adoption Rate...RE: Produc...
Pricing Your Products for Maximum Return PDMA Minnesota | February 16, 2022 Description Pricing has a greater impact on success than any other aspect of your business
Build as simple a model as possible that outlines the assumptions – unit volumes, prices, costs, revenues, whatever is relevant. Section 7.9 of PDMA Body of Knowledge, 2nd Edition does a great job of describing the parameters that are required as part of this analysis
2 Comments - Great points Ahmed. This idea of testing early is to be found in quite a few of the innovation frameworks out there, whether Design Thinking or Lean Startup...Amazon uses the idea of writing the press release before starting any development
In a feedback loop, the feedback rate must be a fraction of the rate at which conditions change...Take the quick test below. How many of these apply to your organization?
The Effects of Exposure to Others’ Ideas and Their Ratings on Online Crowdsourcing Platforms on the Quantity and Novelty of Subsequently Generated Ideas Bo Chen and Niek Althuizen kHUB post date: December 14, 2022 Originally published: March 22, 2022 (PDMA JPIM • Vol 39, Issue 5 • September 2022) Read time: 25 minutes Access Full Article Research has shown that exposing people to others' ideas and the ratings of those ideas can influence their subsequent idea generation performance
See matching posts in thread - The launch of New Edition ...
See matching posts in thread - The launch of New Edition ......Wh...
Navigating the Perilous Waters of New Product Development: Invest or Not?
PDMA Carolinas’ seven-week professional development training program* covers the fundamentals of product management, product development and innovation
05-14-2024 18:30 - 06-25-2024 20:30 ET
10 Ways to Reduce the Cost of Prototyping Read time: 2 minutes Prototyping is an essential phase in the new product development process
1 Comment - This is intended to ensure that the person who is using and testing the prototype has a clear understanding of what it is, why they're using it, and that they need to return the prototype after a certain amount of time