A recent Harvard Business Review issue (May-June 2018), was devoted to the importance of creating a flexible organization. This is supported by the 2013 Comparative Performance Assessment Study conducted by the PDMA Research Foundation. The study states, “The use of ...
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It has finally happened; we published our book, “Learn & Adapt: ExPD an Adaptive Product Development Process for Rapid Innovation and Risk Reduction.” Here is a link to the first 41 pages of our 307-page book; if you want to ...
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In a phased-and-gated process, each phase is a batch of activities that must be completed to produce a set of deliverables. These deliverables are reviewed in a batch at a gate. This method's problem is that the batch is held ...
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Research has shown that the overall effect of working remotely is not necessarily detrimental to team performance. This is especially reassuring with team members dispersed across the country, globe, and with the onset of COVID-19. In fact, dispersed teams can ...
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The Co-founders of Strategy 2 Market® and the Product Risk Framework™, Mary Drotar and Kathy Morrissey, have witnessed a plethora of product failures stemming from uncertainty and risk within numerous large and mid-cap companies during their 20+ years of consulting ...
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Strategy 2 Market announces a newly released risk profile portfolio view feature in the Product Risk Framework (PRF) software tool.  Keeping track of uncertainty and risk across product ideas in a portfolio view is imperative when your senior management team ...
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This article describes that groups of people and computers combined will be able to provide collective intelligence, sometimes referred to as “cyber-human.”  What relation does this have to improving product development? There is an excellent article by Thomas W. Malone ...
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Mary Drotar and Kathy Morrissey are recipients of the National Science Foundation (NSF) Innovation Corps (I-Corp) STEM Grant for their Product Risk Framework® (PRF) software tool. The program is held through the Polsky Center for Entrepreneurship and Innovation at the ...
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Small batches will help you improve time to market, read the difference between the traditional and non-traditional approach to product development below. Traditional approach to product development (Batches of major activities) In a traditional phased-and-gated system, each phase is a ...
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What can you do while developing a product to maximize its chances of success? ...
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Project risks come in many different forms, from those the project team anticipates to the ones they discover when an unexpected problem crops up. In product development, there are many sources because you interact with so many parts of the ...
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A recent article in MIT Sloan Management Review, “Using Scenario Planning to Reshape Strategy,”[i] indicated a resurgence of scenario planning that initially gained recognition in the 1960s and 70s. Royal Dutch/Shell has been the ‘poster child’ of success using scenario ...
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