The Latest Trends Shaping The Future Of Product Development:
Industry Leaders' Recommendations
1) Successfully work with distributed teams:
2) Streamline your development:
3) Develop function-oriented and architecture-based:
New Product Development Trends in Consumer Health 2013
Consumer health innovation is thriving, as manufacturers introduce creative new formulations, delivery formats and positioning to help people manage their unique health needs more effectively. Consumers’ busy lifestyles are driving the popularity of energy and calming products, as well as on-the-go delivery mechanisms. Economic uncertainty is creating more demand for cheaper options, while preventive treatments are addressing critical public health issues.
- The first stems from how mobile devices have helped accelerate the adoption of emerging design methodologies powered by HTML5.
- Next is the overabundance of data and the opportunities that come from data-powered products.
- The last is how social networks & media have evolved from being a feature to a necessary structural component of any experience.
Industry Leaders' Recommendations
1) Successfully work with distributed teams:
- Risk management, vendor selection, collaboration tools, optimizing own processes, transparent controlling.
- Set clear objectives for improvement and measure the agreed targets.
- Ensure a high level of discipline in distributed teams by transparently controlling both projects and results.
- Use tailored methods and tools for matching your own constraints and needs.
- Improve competences for distributed development and soft skills.
- Visit and learn from industry leaders, what they have learned and what they are doing to optimize their distributed development.
2) Streamline your development:
- Check your project performance: Where are the friction points, what is demotivating your teams, where do work products need rework?
- Set concrete improvement targets on a quarterly basis.
- Train employees in "lean development".
- Give each team the task of developing their own action plan for reducing waste, rework and interface conflicts
- Evaluate your performance, for example by sales per developer, lead-time, fault detection rates and cost drivers.
- Make sure that agile techniques do not lead to arbitrariness. Apply professional change management.
3) Develop function-oriented and architecture-based:
- Establish a strong focus on systems engineering and modeling of functions and architecture.
- Support the interfaces to the different components through traceability, consistency checking and development automation.
- Do not primarily look on tools, but rather on integrated processes and a systematic methodology.
- Optimize in parallel your engineering processes towards more efficiency.
New Product Development Trends in Consumer Health 2013
Consumer health innovation is thriving, as manufacturers introduce creative new formulations, delivery formats and positioning to help people manage their unique health needs more effectively. Consumers’ busy lifestyles are driving the popularity of energy and calming products, as well as on-the-go delivery mechanisms. Economic uncertainty is creating more demand for cheaper options, while preventive treatments are addressing critical public health issues.