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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Common Problem “Our product development projects take too long and they are always late. While everyone is busy, the project just doesn’t seem to get done. Tasks seem stuck at 90 percent (%) complete. The team has a project schedule, ...
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Exploratory Product Development: Executive Version is the introduction to this new product development methodology. Download this approach to adaptable product development in a changing world. ...
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Observation on Lack of Capacity A recent article in the Wall Street Journal (The Reason Southwest Stopped Overbooking), which contained excerpts from an interview with Southwest Airlines’ CEO Gary Kelly, brought out the need to address airline capacity issues on ...
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Even though product management is one of the most important positions within product development, it is often marginalized. The product management role is even more important in today’s turbulent environment. There are many types of change in the external environment ...
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