Examples of Product Development Strategy. New product development is an important way for businesses to stay ahead of the competition and continue to appeal to the changing needs of existing ...

Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.

When firms develop new products there are a number of steps they go through. From idea generation to prototype development to product development to commercialization to assessing the new product ...

With the capability to promote creativity and streamline conceptual design, generative AI promises to change our approaches to the entire development process for the better, and here’s how.

When assessing new product development opportunities, consider how your products or in-house expertise might fulfill certain customers' own technical requirements.

Discover how marketers leverage customer dialogue to shape their new product development process. Find out more on product development marketing today.

With all AI related to New Product Development & Marketing, it’s early days full of experimentation & important learnings.

For many industries, new product development is now the single most important factor driving firm success or failure. The emphasis on new products has spurred researchers from strategic management, ...

So why is this process so risky, and what precautions can companies take to lessen uncertainty? Below are significant types of risks related to product development and ways these can be mitigated.

Reprint: R0803G Companies often treat new-product development as a monolithic process, but it can be more rationally divided into two parts: an early stage that focuses on evaluating prospects and ...