Function Analysis: Foundation to Concept Development Read Time: 5 minutes The details are details
Chapter 7 Insights โ Product Innovation Management From Financial Analysis to Winning Business Case Manna from heaven would be great, but usually an organisation must deliberately invest in Product Innovation to succeed in the market and deliver long term economic value
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Definitions PESTLE Analysis As per 1.4.2 of the BOK, a PESTLE analysis is a structured tool-based, macro-environmental analysis of Political, Economic, Social, Technological, Legal and Environmental factors
Then, the first of two valuable tools was explored โ namely, the PESTLE analysis, which is helpful to look at macro-environmental factors that influence strategic decision making
These are: Ishikawa diagrams (root-cause analysis), SCAMPER, Mind mapping, Brainstorming (including brainwriting and brain drawing), Morphological Analysis, Opposite thinking, Analogy thinking, and TRIZ among others
#Bradford-Goldense #machine-design #product-definition #strategic-alignment #competitive-analysis #users-needs
Back To A Better Future - Product Definition [A122].pdf
#Bradford-Goldense #machine-design #lead-user-analysis #domain-knowledge #innovation-tools #emerging
Can Innovation Be Taught? [A67].pdf
#Bradford-Goldense #machine-design #Breakthrough-Innovation #design-for-manufacturing #design-for-assembly #DFM/A #lead-user-analysis #technology-driven #sustainable-innovation #ambidextrous-innovation
Impact of Breakthrough Innovations on Design for Manufacturing and Assembly [A123].pdf
When the time comes for data analysis, most survey tools, such as the previously mentioned Qualtrics, Survey Monkey, etc., will usually have sufficient capabilities to do the analysis right within the platform
The most important methods are: quantification theory I, regression analysis, partial least squares (PLS), multiple regression with indicators, and categorical analysis among others