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 innovation processes


Managing Product Innovation
Inadequacies at the front end of the product development process is one of the leading causes of product failure for consumer products companies. Many companies

innovation processes  Companies must study their innovation processes and make modifications as markets change and corporate strategy evolves. This requires specific metrics that can reveal important information, such as actual product sales compared to projections, success rates for approved concepts, and time to market for approved concepts. As the organization learns and adapts to its own core competencies and adaptive capabilities, the weights assigned to each concept characteristic might change accordingly. Whatever the

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Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Product Development and Portfolio Management

The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products.  

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Documents related to » innovation processes

The Case for Integrated Processes


Most chief executive officers (CEOs) have developed strategies that push their companies to achieve certain goals. So why are so many companies failing to achieve these goals? Because their twenty-first century vision is being held back by twentieth century processes and IT systems. The missing ingredient: information. And the key to facilitating the flow of information lies in integrated processes.

innovation processes  Information System Processes , Innovation Processes , Integrated Accounting , Integrated Analysis , Integrated Application , Integrated Approach , Integrated Approach to Web Performance Testing , Integrated Assessment , Integrated Best Practices , Integrated Business Analysis , Integrated Business Applications , Integrated Business Model , Integrated Business Processes , Integrated Business Software , Integrated Business Strategies . CEO NOTES Most CEOs have developed strategies that push their companies Read More

Mindjet and Spigit to Merge Their Innovation Wares


My recent blog post discussed the increasing need for enterprise innovation management (EIM) software covering all of the innovation lifecycle stages, from strategic innovation planning via ideation and product portfolio management (PPM) and optimization to execution. In a recent survey conducted by Bain @ Company, two-thirds of executives at companies generating over $100 million in revenue named

innovation processes  social business solutions for innovation should be architected is captured in the “Vision to Action Lifecycle” white paper . Spigit has had some presence outside North America, and its consulting and implementation partners have included Capgemini and Isid , but the vendor should benefit from Mindjet’s global infrastructure. It seems as though the main play in the short to medium term is to cross-sell Spigit to Mindjet’s large customer base and expand Mindjet’s solution from brainstorming, visua Read More

Product Lifecycle Management Agility Founded on Innovation


Agile Software recognizes product lifecycle management (PLM) as an emerging business imperative for innovation. Now, Agile has a unique opportunity to leverage its position as the sole PLM vendor of significance to have a pure PLM pedigree.

innovation processes  the sheer pace of innovation is as important as the art of innovation. Enterprises need to examine opportunities surrounding product innovation, as well as business process or business model innovation. Agile Software's tag line, how products happen, is exemplified by the current product development forces of innovation, globalization, and compliance. These forces are coupled with outsourcing and collaboration imperatives that necessitate a high reliance on supply chain flexibility and agility. Enterpri Read More

Enabling Product Innovation: The Roles of ERP and PLM in the Product Lifecycle


Companies are turning toward product innovation to achieve revenue growth, but to generate return on an innovation idea, the idea must be fully developed. When the concept has been fully defined, validated, and transformed into a product, it is then ready for commercial launch and execution from a sales, marketing, manufacturing, and logistics perspective.

innovation processes  invested in improving product innovation processes have achieved double-digit improvements in product revenue, product cost reduction, and product development cost decrease (Figure 2). 84% of companies see gains in more than one aspect of innovation performance. Product innovation is providing operational improvements with bottom-line impact. Chapter Two: Key Business Value Findings Enabling Product Innovation Improving innovation performance provides strategic benefits resulting in profitable growth. To Read More

ERP in High Tech: Driving Innovation with Insight


This Aberdeen report demonstrates the ways in which leading high-tech manufacturers are using ERP to improve their business, along with the results those organizations have obtained. Download this report for data on top business drivers impacting ERP strategies, top strategic actions, the impact of ERP on capabilities, and more.

innovation processes  in High Tech: Driving Innovation with Insight This Aberdeen report demonstrates the ways in which leading high-tech manufacturers are using ERP to improve their business, along with the results those organizations have obtained. Download this report for data on top business drivers impacting ERP strategies, top strategic actions, the impact of ERP on capabilities, and more. Read More

SAP Invited to White House to Showcase Consumer Innovation in Advancing Public Safety


The White House invited SAP to demonstrate the capabilities of Recall Plus, a product designed to "catch a recall on kids' products or food with undeclared allergens." Recently, Washington officials encouraged the development of technological products that help enhance public safety. Recall Plus makes public safety information available to the public in a timely fashion, ensuring that consumers

innovation processes  House to Showcase Consumer Innovation in Advancing Public Safety The White House invited  SAP to demonstrate  the capabilities of Recall Plus, a product designed to catch a recall on kids' products or food with undeclared allergens . Recently, Washington officials encouraged the development of technological products that help enhance public safety. Recall Plus makes public safety information available to the public in a timely fashion, ensuring that consumers are advised about potential health Read More

10 Reasons to Use Storage Performance Validation Processes


From determining the best flash/SSD deployment strategy to ensuring a smooth private cloud migration, storage architects have a better way to ensure performance and optimize costs for their future storage products. Read this info brief on the top 10 reasons to adopt storage workload modeling.

innovation processes  Reasons to Use Storage Performance Validation Processes From determining the best flash/SSD deployment strategy to ensuring a smooth private cloud migration, storage architects have a better way to ensure performance and optimize costs for their future storage products. Read this info brief on the top 10 reasons to adopt storage workload modeling. Read More

The Anatomy of Retail Sourcing Processes


The most successful retailers are those that continually focus on driving the very best performance from each of their suppliers, and that work collaboratively to improve performance in areas such as on-time delivery, product quality, and regulatory compliance.

innovation processes  Anatomy of Retail Sourcing Processes The potential benefits of global sourcing and supplier management that have been discussed for retailers in this series so far are not that easily achieved across the board. To recap, these benefits can be seen both at the top line and at the bottom line. At the top line, benefits include growth of private label business, faster time-to-market, better product availability and fewer stockouts, more competitive offerings and improved customer value, and broader access Read More

Bolstering the Call Center with Service Resolution Management Processes


Integrated customer relationship management and call center solutions (sometimes referred to as service resolution management) have, despite initial glitches, reportedly helped some service companies realize remarkable returns on investment in addition to improved customer satisfaction rates.

innovation processes  the Call Center with Service Resolution Management Processes Originally Posted - December 14, 2007 To accommodate increasing customer demand for company and product information and for quick issue resolution, companies are now considering the benefits of online self-service systems. Knowledge management (KM) software is the key to such systems, as well as to integrating customer relationship management (CRM) and service resolution management (SRM). For more background, please see Integrating Read More

BPM Weaves Data And Processes Together For Real-time Revenues


Linking data to process is the realm of business process management (BPM). BPM's focus on process dramatically reduces the amount of data that needs to be moved, and thereby reduces both the initial cost and ongoing maintenance cost of application integration.

innovation processes  Weaves Data And Processes Together For Real-time Revenues BPM Weaves Data And Processes Together For Real-time Revenues Featured Author - David Cameron - May 30, 2003 Introduction One customer abandons a product application on a corporate Web site. Another customer starts to configure an online product but gets frustrated and quits. A third stops paying bills on time or contributing to an account. What do these events have in common? The relationship between customer and vendor is at risk, and the Read More

Modern ERP Processes Behind Historic Scotch Whisky


The whisky industry is an example of a process industry where it is impossible to accurately predict demand for the final product. Goods stocked must also be meticulously accounted for, in both intermediate (partially finished) and bulk forms.

innovation processes  ERP Processes Behind Historic Scotch Whisky - June 2, 2006 Whisky Deep Dive The whisky industry is an example of a process industry where it is impossible to predict what consumer demand will be when the product is ready for delivery. It is also an industry where companies must meticulously account for goods stocked as intermediates (partially finished) and as bulk goods (both finished and partially finished). A good example of how an enterprise applications vendor addresses this microvertical is Read More

Lawson Opportunity Analyzer: Managing Processes with a Purpose


Business strategy execution requires the control and automation of complex processes, and the ability to quickly analyze data relevant to the enterprise. Companies have to address these processes in a responsive, flexible way. However, this cannot be achieved simply by optimizing local activities. Multiple activities from different departments must be synchronized, toward the overall goal of increasing organizational profitability.

innovation processes  Opportunity Analyzer: Managing Processes with a Purpose Business strategy execution requires the control and automation of complex processes, and the ability to quickly analyze data relevant to the enterprise. Companies have to address these processes in a responsive, flexible way. However, this cannot be achieved simply by optimizing local activities. Multiple activities from different departments must be synchronized, toward the overall goal of increasing organizational profitability. Read More

Duke Realty Remodels Accounts Payable Processes with AnyDocINVOICE


Duke Realty Corporation—the largest publicly traded office and industrial property owner in the US—needed to find a more organized way to process the nearly 20,000 invoices its thirteen locations handled each month. To ensure data was properly captured and processed, Duke Realty turned to AnyDocINVOICE solution and has since been able to create a faster, more visible invoice process that uses 50 percent less staff.

innovation processes  Realty Remodels Accounts Payable Processes with AnyDocINVOICE Duke Realty Corporation—the largest publicly traded office and industrial property owner in the US—needed to find a more organized way to process the nearly 20,000 invoices its thirteen locations handled each month. To ensure data was properly captured and processed, Duke Realty turned to AnyDocINVOICE solution and has since been able to create a faster, more visible invoice process that uses 50 percent less staff. Read More

Programs, Processes and Practices: Planning Implementations and Evaluating Systems


No company has ever fully evaluated the entire product that they are buying, time does not permit such a complete evaluation. Few people really track how well the software is used after it is installed.

innovation processes  Processes and Practices: Planning Implementations and Evaluating Systems Introduction The process of selecting and implementing software and subsequent evaluation of the systems can be thought of in terms of programs, processes and practices. Understanding each, their relationships and how they change through time gives us insight into the health of our systems. Programs refer to the software with its functions and inherent limitations. The programs can also be called the system or the solution. Read More