Newsletter

The Misdirected Guidance of “Portfolio Balance”

Here is a simple message for all NPD and R&D managers and likewise for all Chief Innovation Officers.  This message is especially important for PMO’s with responsibility for analyzing a path forward for portfolios of new product development projects.

The entire notion of “Portfolio Balance” is [...]

Posted
January 20, 2015
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Stage-Gate® – The Origin, Status Quo and Its Future

Stage-Gate recently celebrated its 30th birthday. We felt this would be a good occasion to take a closer look at where Stage-Gate comes from, its role and status today, and whether there is a future for this methodology. You cannot find a better person to [...]

Posted
January 20, 2015
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Why Leaderboards Should Be Used Sparingly, If at All

I’ve seen many leaderboards used in idea management systems through the years that promote things like the top idea contributor or who has the best reputation and the like, all with the hope of driving or encouraging user participation. I won’t say that these tools [...]

Posted
January 20, 2015
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New Product Development Product Line Roadmapping

Focusing and Amplifying Innovation

Product Line Strategizing and Roadmapping (PLSR) is a powerful process. Smart managers use this process to coordinate and accelerate work that pulls together and creates critical insights related to a line of products. This might sound simple and straight-forward, but in practice, [...]

Posted
December 16, 2014
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Terminology in the Innovation Management Business

Since my background is the science of language – linguistics – I always try to be as precise as possible when it comes to communicating our concepts to the market and our customers. I can tell you, that is not an easy job. You can [...]

Posted
December 16, 2014
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Are you Innovating or Renovating?

I have seen several research studies over the past couple of months about the decline of new-to-world and new-to-market products with a corresponding increase in incremental product improvements, product line extensions, and packaging changes. That begs the question – what should we consider as innovation?

Is [...]

Posted
December 16, 2014
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The “I” in Front of Ideas

When most organizations with an idea management system run into an obstacle and/or opportunity that needs to be resolved or addressed they run an idea campaign. A lot of people with different perspectives and experiences are invited to collaborate on the topic and asked to [...]

Posted
November 18, 2014
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Screen Your Innovation Opportunities Based On Differential Value

Traditional ways to screen new product innovation opportunities includes effort/benefit analysis, cost/margin analysis, or risk/attractiveness matrices. A different method to screen these opportunities is to pay close attention to the expected differential economic value they generate versus respective competitors. Mapping new products and services based [...]

Posted
November 18, 2014
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Penny Pinching Consumers

We all know a penny pincher, the person who has a self-perception of being frugal or thrifty, while their friends see them as stingy or tight. To be fair, at one time or another, most have mimicked this behavior to save money. With the increasing [...]

Posted
November 18, 2014
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Chart Your Organization’s Future with Roadmapping

Roadmapping is hardly new; Motorola introduced it in the U.S. during the 1980s and Philips was on a similar timescale in Europe. As a process, it has gained momentum in recent years for a number of reasons such as:

  1. Companies are increasingly complex, global organizations seeking [...]
Posted
October 21, 2014
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