Many people had breakthroughs: getting commitment was the part of a good decision and the result of a process that could be engineered!...Decision Professionals can really help
Nonfinancial Considerations in Eco‐Innovation Decisions: The Role of Family Ownership and Reputation Concerns Yannick Bammens and Paul Hünermund Originally published: August 11, 2020 (PDMA JPIM • Vol. 37, Issue 5 • September 2020) Read time: 42 minutes Access the Full Article Societal pressures for greater sustainability can encourage firms to target part of their innovation activities at ecological initiatives (i.e., eco‐innovation)
A Fresh Look at R&D Decisions: Learning from the Best Jason LeBoeuf and Marc Drucker Originally published: 2012 (PDMA Visions Magazine • Issue 2, 2012 • Vol 36 • No 2) Read time: 10 minutes The R&D Manager’s Dilemma Consider this: You are the research and development (R&D) manager tasked with making the business-critical decision of which new product development programs your organization will pursue
Little Data Provides a More Accurate Basis for Sound Corporate Decision Making Jerry W. Thomas, Decision Analyst Inc. Originally published: 2013 (PDMA Visions Magazine, Issue 4, 2013 • Vol. 37 • No.4) Read time: 6 minutes You are not feeling well, so you visit your family doctor
Including Sustainability in Innovation Governance and Portfolio Management Speaker: Paul Heller, Sopheon Corporation Originally presented: March 21, 2024 Watch time: 60 minutes Access the Webcast Paul Heller will present how leading companies are including sustainability in their new product decision-making processes and how they are evaluating the impact of such decisions on their innovation portfolios
Her strategic thinking shines in her ability to navigate challenges, making informed decisions that steer projects towards success
A key challenge of these decisions is to deal with deteriorating NPD projects, which are often subject to escalation of commitment (EoC), with many firms wasting billions of dollars by throwing good money after bad NPD projects
We begin with strategic decisions, about what market to select. The process continues with research decisions, informing how to scope each project. With data, decisions are made as to which opportunities to pursue. After idea generation , decisions are made about what ideas to pursue. And decisions are made as we continue from idea to prototype to production model.