Rapid Product Development Rapid Product Development

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< | New Product Introduction

Rapid Product
Development
By Christian Mackin

A new process taken
from the software industry is accellerating
new product introduction and changing the
way companies manage human resources.
If you want something new, you
have to stop doing old things?
-Peter Drucker

10.2015

→ For companies whose business
is driven fully or partially by product sales, taking a strategic approach
to product development is critical. In
many industries, time is money, making an efficient and financially feasible
approach to creating and implementing
a product plan exceptionally important. With a growing need for a competitive approach to conceptualizing
a product and bringing it to market,
many companies are willing to break
outside the traditional box and shed
old processes to find a solution that
works.
→ Development projects require certain expectations regarding feasibility
and implementation costs, all of which
must be carefully evaluated and con-