Product Development consists of activities totransform a market opportunity and technologicalinnovation into successful products. Several waves ofimprovements in technological innovation and prod¬uctdevelopment have already substantially enhancedcompanies’ ability to deliver differentiated productsto markets faster, more efficiently, and with higherquality. However, the degree of success achieved hasvaried greatly between companies and even among unitswithin individual companies. Determining importantprocesses in the product development and theirrelationships with organizational and projectperformances are crucial to sustainable success inproduct development. Studying these relationshipswould give us insights into the product developmentdynamics. The objectives of this book are todetermine important product development processes andtheir relationship with each other and organizationalcapabilities.
New Product Development is one of the most important challenges facing organizations today. The Product Development and Management Association (PDMA) Handbook of New Product Development 3rd Edition provides an exceptional review of cutting edge topics for both new and experienced product development leaders. It offers a comprehensive and updated guide to the practices, processes and tools critical to achieving and sustaining new product/service development success in today’s world, delivering valuable information about the fundamentals as well as emerging practices such as venturing, virtual product development and the use of social media in NPD. As the premier global advocate for professionals and organizations working in the fields of new product/service development, PDMA has assembled in the Handbook unique content on the critical aspects of product development success including its 2012 Best Practices Research, Lessons Learned from its Outstanding Corporate Innovator Award Winners and keys to success from organizations with proven innovation track records. The 3rd Edition is an essential reference for anyone with responsibility for product development activities, from novices looking for fundamentals to experts seeking insights on emerging concepts, and is relevant for all functions and all product/service industries.
A thorough treatment of product and systems development in terms of value to all stakeholders Product and Systems Development compiles more than twenty years of research and practice from a value perspective, from vision and marketing to design, manufacturing, delivery, operations, and maintenance. It defines stakeholder value and identifies specific stakeholders in the product and system development process; covers best practices in development; and examines systems engineering, current industry views, and the life cycle of a value stream. Featuring appendices written by professionals in the field on topics such as Design Structure Matrices, Lean Enablers for systems engineering, and MDAO and simulations, this indispensable guide: Explains why stakeholders' values can hold the key to fulfillment or defeat of the developer's vision Emphasizes the succession of value-contributing practices and tools that form a framework for development success Integrates the technical, productivity, and customer/end-user elements in product and system development Uses more than 100 tables and figures to illustrate the above processes, as well as corollary elements of risk, failure analysis, and fault-tolerant design Includes numerous case studies and links to online material Product and Systems Development is an excellent coursebook for senior and graduate students in aerospace, mechanical, civil, electrical, and material engineering, as well as management science and engineering. It is also a useful reference for practicing engineers in a variety of technology-based industries.
On a global market with tighter gross margins the focus on product cost have increased. A demand for improved methods within product cost calculations in the product development process is important to sustain competitive. Product cost is a vital part of a company’s cost base. During a product development process early stage there is often a lack of established methods and processes for calculation of the product cost. It is especially difficulty to estimate product cost in early stages of the product development process when the uncertainty around the construction of the product is big. That might lead to lack of knowledge around material cost and need of investments occur. The goal with this book is to help, evaluate and support around improvements within the product development projects when it comes to product cost calculation.
The purpose of this study is to discover the role of social knowledge management enabler such as managerial support and empowerment in product development. This research study explores the concept of dynamic capabilities and how it is basically formed by the combination of knowledge generation, knowledge integration, and knowledge configuration. Present research study also focuses on the product organizations. The importance of knowledge management is very well understood by the companies in Pakistan, they know that the knowledge management process, if effectively processed in an organization, helps in the development of products. This study confirms that dynamic capabilities generate product competences, which respectively distinguish a firm’s product development efforts from competitors. This study enhances the companies’ progress and other activities regarding organizational strategies and organizational learning as well as product development activities.
The book is aimed at developing an insight into the prevalent technology development practices adopted in the manufacturing industry for realizing sustainable growth and development of the industrial sector. It appears that creativity and innovation flourish only under the right circumstances in an organization. Without doubt the most innovative companies of the future will be dominated by those that do not simply focus energies upon product and technical innovation, but those who have managed to build enduring environments of human communities striving towards innovation through the creation of appropriate cultures and climate.
Development scholars seem to have now accepted that cultural attributes and values actually matter in development, but there is still much debate over actually ‘how’ they matter and play a role in development processes. This book argues that the development industry needs to carefully reconsider cultural assets and incorporate them into its work at both conceptual and programmatic levels. By viewing cultural traditions as complex practices and meanings which are embedded in people’s lives, this analysis demonstrates the significance of culture and its positive and negative roles in development processes. ‘Cultural Capital’ is recognized here as a crucial concept for incorporating culture into livelihood analysis and rural development planning and implementation. This study is based on field-based research by the author in Sri Lanka, but its findings have much wider relevance for international development efforts. The study identifies and celebrates those who are inspired by their ancestors, their traditions, knowledge and value systems, and who believe that their cultural values are the back-bone of who they are and how they live’.
Product development process is the sequence of steps or activities which an enterprise employs to conceive, design and commercialize a product. We focus on product development activities that benefit from the participation of all core functions of a firm or industry. This paper consists of methods for completing development methods. The methods are structure and it is followed by step-by-step approach. That’s why the product development of multimedia projector trolley is accomplished by following sequential steps of product planning, identifying customer needs, product specification, concept generation, concept selection phases. This paper addresses successful accomplishment product design and development of a multimedia projector trolley according to properly specified customer needs and specifications.
Early Childhood Development (ECD) program equips children with basic concepts, skills, and opportunities for different spheres of development that include physical, social, emotional and cognitive. Perceptions of parents and teachers influence the holistic development of children and their readiness for school. This book has discussed the perceptions of parents and facilitators towards holistic development of children. It has also vividly described the enabling environment for quality ECD practices particularly in the ECD centers in Nepal. It has also consisted of some measures to implement in bringing desired change in ECD practices in the concerned ECD centers. The book contains ideas and evidences that support the key stakeholders who have been engaging in the knowledge practices of ECD.
The dilemma of Pakistan''s textile industry is its inability to introduce its own brand names. Our industry majorly is buyer dictated in which products are made according to the requirements of customer. Our project is "discussing the product development techniques with reference to a Rotary printing machine". The correct concept of product development involves selecting the products first and then going for a setup but unfortunately in our case, machinery is selected first and then we run for orders. Furthermore, we have not introduced our own brand names. We usually confuse the concept of product development with buyer dictation. Product development is only applicable where you are launching your own products/brands and we haven''t done that. In our project, we are discussing product development techniques specific to printing.
In this landmark book, Preston Smith attributes the recent decline in innovation to pressure from financial markets that drives management toward rigid development approaches such as phased development processes, Six Sigma, and project office. These processes have unintentionally (but effectively) made changes during development more difficult, disruptive, and expensive, while the need for change continues at an accelerating pace. Flexible Product Development is a hands-on resource that provides the tools and strategies needed to restore flexibility to any organization and remove the obstacles that stand in the way of responsive new product development. Preston Smith introduces approaches that can enhance development process flexibility by creating and maintaining development options, delaying decisions, and, in general, reducing the cost of change. Step-by-step, he explains the basics of flexible product development, provides a broad array of flexibility-enhancing tools, and guides the reader in modifying the organization?s values to embrace this new way of operating.
Marc Annacchino's New Product Development will maximize return on development dollar invested by providing the reader with an interdisciplinary understanding of the new product development process. New Product Development is the last frontier in gaining a competitive edge. While other factors such as functionality, quality and reliability, availability and shipment performance are now entry level requirements, New Product Development is the competitive weapon of necessity. This comprehensive and detailed book is a practical guide to the process of New Product Development from initial concept and corporate goals assessment through marketing, planning, development, manufacturing and product management. It contains over 200 illustrations with 52 actual tools needed to execute an actual program. On the accompanying CD-ROM version, these tools are embedded in the text for presentation to the reader. Embedded hyperlinks allow the reader to jump to a special "sandbox" which will allow them to apply the concepts presented in the text directly to their development program and save them as part of their filing system, providing the actual framework for practitioner use.This book and accompanying tool set is the best investment you can make to ensure new product success!*Contains CD-ROM with over 50 software tools needed to implement programs*Presents a unique multidimensional perspective that comes from 26 years of experience and over 40 real implementations*Providesreaders with blueprints for organizing and documenting their development programs
The study determined ‘implications of waste management practices on urban development: A case study of Kyazanga Town Council, Lwengo District’. This study was intended to establish and recommend waste management strategies that could raise the proper waste management practices in Kyazanga Town Council. The findings reflected that lack of awareness, lack of enough trained manpower, weak policies and inadequate funds led to indiscriminative dumping of wastes on roadsides and water channels, and construction of buildings without waste collection point. It was found out that all these led to a number of environmental and human health problems like; Infrastructure destruction, Contamination of water bodies, poor Sanitation and hygiene and disease incidents and environmental degradation. The study established that lack of enough funds and ignorance, were very key in determining the poor waste management practices in the town council. The study concludes that the occurrence of poor waste management practices in urban areas of Uganda have exerted pressure on development by creating fear, anxiety, and loss of lives and property. It recommends that, waste management be prioritized.
The liberalization of the financial sector in Kenya has brought about increased competition emerging from new entrants to the market, as well as the existing ones adopting the use of highly competitive trading practices. The major players in this market are the mainstream banks, rural and urban Saccos and Micro-Finance institutions that offer homogeneous as well as differentiated financial products and services. The said institutions target similar markets and clients. Saccos operating in the rural environment have been made to re-invent their competitiveness from the traditional practices to modern business approaches and operations to remain afloat and relevant.This book illustrates competitive strategies that Saccos have adopted in rural Kenya for business survival. It also captures the need to re-engineer business processes such as marketing, new product development, technology adoption and market development for competitive advantage.