Archives
The Business Fit Framework Integrates a Portfolio View
- July 23, 2018
- Business Fit Framework,Decision Making,Risk,Uncertainty
- By strategy2market
Strategy 2 Market announces a newly released risk profile portfolio view feature in the Business Fit Framework (BFF) software tool. Keeping track of uncertainty and risk across product ideas in a portfolio view is imperative when your senior management team needs to decide on what product idea to choose, prior to spending millions of dollars. […]
Agent Wigglesworth Strikes Again in Part-2 of the Business Fit Framework Video Series
- June 28, 2018
- Business Fit Framework
- By admin
Agent Wigglesworth of MI6.21576 is in pursuit of Business Fit Framework intelligence. Watch this spoof video, episode 2 of a 3-part series, created by University of Chicago interns (1:46). Watch the video. Mary Drotar and Kathy Morrissey are Co-Founders of the Business Fit Framework® (BFF) business intelligence software tool. The BFF received a National Science […]
How are you building flexibility into your product development process?
- June 11, 2018
- Business Fit Framework,Exploratory Product Development
- By admin
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 formal, structured processes may have reached its potential and companies are now testing the use […]
How to Identify and Manage Project Risk
- August 1, 2017
- Product Development System,Risk,uncertainty, risk, and assumptions
- By strategy2market
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 organization in order to commercialize the product. However, there are some simple steps you can […]
Does Your Product Development Process Make you Anxious?
- May 9, 2017
- Medical Devices,Process
- By strategy2market
Is your product development process keeping you up at night? Has it become heavy, taking too much time? Are you sacrificing speed and innovation because it is too hard to get through the process? Current Problem In today’s business world, we frequently see larger or established companies buying new or smaller companies (fast growing) in […]
How to Start When You are New to Medical Devices
- February 28, 2017
- Medical Devices,Product Development System
- By strategy2market
Question: We are a technology company with no experience in medical devices. Our company is developing a product which may be a medical device. How do we get started? Answer: More companies are being introduced to medical devices. This is a business area that has grown and technology companies provide some fresh perspectives on better […]
5 of the Biggest Fears and How to Overcome Them
- February 7, 2017
- Decision Making,Risk
- By strategy2market
As consultants, one trait we see is the inability of managers and leaders to make a decision. Consequently, a number of issues occur because of a manager’s indecision. For example, a project continues to fester in development, and everyone knows it should be killed but no one wants to make that final decision. Why does […]
5 tactics for dealing with office politics
- December 13, 2016
- Organization,People Issues
- By strategy2market
I recently rediscovered an article that reminded me of why “office politics” exists: it comes down to Powerlessness.
Why Usability Testing Matters for Medical Devices
- December 6, 2016
- Medical Devices,Risk
- By strategy2market
Some medical device product development teams skip usability testing when developing new products. Reasons include, ‘it takes too long’ or ‘we already know how the product is going to be used’ or ‘we’ll test usability during design validation’. User feedback is frequently collected by showing mock-ups or through structured data collection, as opposed to usability […]
Fix the process and culture will follow
- October 12, 2016
- People Issues,Process
- By strategy2market
Over the years, I had clients that complained about their culture, and were looking for a quick fix. I sounded like a broken record but my usual answer was; “Fix the process and an improved culture will follow.”
