Innovative New Products increase long-term financial performance and company value.
In today's global environment where aggressive competition is common, innovation is perhaps THE driver of long-term success. For companies wanting to develop new offerings that generate revenue and grow market share, that sustain and build competitive advantage, and that maintain customer loyalty, innovation is not just important — it's an imperative.
Manufacturers can achieve significant reductions in time-to-market and product costs by implementing a systematic innovation and product development process that incorporates best practices, as well as newer concepts such as open innovation.
We have gathered the most effective strategies and tactics in innovation and product development and right-sized them for small and mid-sized manufacturers, from ideation through product launch. As a result, we are helping companies develop innovative new products that increase long-term financial performance and company value.
Innovation Acceleration – develop the building blocks to speed new product selection and development. During this three-month process, the team gains confidence through a series of "quick wins".
New Product Development and Commercialization – we provide as much assistance as needed to help companies successfully develop and commercialize new products. Assistance can include grant writing, project management, proof of concept research and testing, identification of technical resources, and launch strategy development and execution.
NPD Program Development – development of a formal product development program based on Stage-Gate® principles. Includes a two-day training workshop where attendees learn NPD best practices, as well as develop the key components and tools for their company's NPD Program. On-going coaching is provided following the workshop to help ensure successful implementation of your new NPD Program.