Joint New Product Development: How assumptions can make it fail

Supplier’s involvement in new product development has become inevitable for many organizations, but it is no guarantee to success.

Abounding evidence shows that efforts at involving suppliers in new product development are not always successful, and that the ability of organizations to obtain such benefits varies depending on a range of factors. An estimated 46% of the resources that companies devote to the conception, development and launch of new products go to projects that fail in the marketplace or never make it to market ….  Read more at Suite101: Joint New Product Development: How assumptions can make it fail | Suite101

Supplier involvement in Product Innovation

Involving suppliers in new product development provides organizations with a range of benefits, including shorter development time, better quality products, and lower cost of development.

This article sets out to explore some of the best practices and some of the most common pitfalls associated with suppliers’ involvement in new product development. To achieve this, seven case studies of product development in one organization are discussed, presenting practices through which the organization has been able to solve the development challenges and successfully launch the new products.

Read more Supplier Involvement in Product Innovation @ http://www.InnovationManagement.se

 

From Softwareship to Leadership

The rules of the game have changed. Leadership asks for a new way of thinking. Can business leaders learn something from the software world?

Read more at Suite101: In Search of Leaderland: from Softwareship to Leadership

Dos and Don’ts of Software Project Management

Software project management is an art. There are still classic dos and don’ts of project management that can significantly increase the rate of success

Read more at Suite101: Dos and Don’ts of Software Project Management

Dos and don’ts of management decision making

As a manager, you’re in charge and you must be capable of taking decisions. If you are not ready to take them and accordingly accept the responsibility and the consequences, than someone else should be in charge. Someone has to make the difficult decisions, someone has to take the blame if things go wrong, and someone has to be able to redirect resources and effort to make them right.

Read more at Helium: Dos and Don’ts of management decision making

How to motivate your project team

The Oxford Dictionary of Sociology defines motivation as ‘the need to perform well or the striving for success, and evidenced by persistence and effort in the face of difficulties’.

Strive for achievement, engage with your team in the fight for excellence, and you’ll create a highly motivated and strong team.

Read more at Helium: How to motivate your project team