Product Development
Hyperstrategy can help you take a holistic view of integrated product and
process development management. We consider the role of the product from
concept to market to disposal. Product development is an inherently cross-functional
activity, and to do it right you must address areas ranging from design
to marketing, and from manufacturing to strategy.
Your scarcest resource is time. You must focus your effort on those products
and customers that leverage the organization's time. All companies must
continually ask themselves: what products and services do we sell and how
do we develop them?
Product development includes conceiving, designing, and developing new products
and services. At its best, it encompasses a deep understanding of customer
needs with a knowledge of the limitations and possibilities of design, manufacturability,
and the drivers of overall cost structure. Good product development reaches
from product or service concept development through experimentation and
prototyping to formulation of a market launch campaign strategy.
The management of product development or any innovation requires the creative
synthesis of multiple functional areas: strategy and policy, organization
behavior, operations, marketing and R&D. Hyperstrategy helps you with business
and technology strategy, structures, cultures, work processes, and human
resource competencies. Functional areas may include:
- Development Processes and Organizations
- Product Planning
- Identifying Customer Needs
- Establishing Product Specifications
- Concept Generation
- Concept Selection
- Concept Testing
- Industrial Design
- Design for Manufacturing
- Prototyping