Mills Scofield

DECEMBER 5, 2014

Once upon a time, before the era of big data analytics, corporations had similarly routine business growth issues and threats: i.e.: after years of being the market leader in a specific product category, they quickly begin to lose market share, they wanted to introduce their product into a new market.

Stage-Gate 128

Stage-Gate Productivity Products Innovation 128

Strategy Driven

JUNE 29, 2016

Hence, it is rarely a straightforward process, and if the team is committed to the goals and direction of the entire organization, one no is an inappropriate test of the idea. In the meantime, the firm and supply chain invest heavily in the product or service offering, in hopes of luring customers. Resistance from the Customer.

Supply Chain 51

Supply Chain Real Estate Resistance Competitive Advantage 51

Strategy Driven

OCTOBER 7, 2019

The heavy focus is on the processes of continuous delivery and frequent testing. There’s really no other way to translate your vision into a functioning set of practices and processes. Set timeframes and milestones that eventually amount to the Minimum Viable Product (MVP). You’re better off proceeding step-by-step.

Agility 33

Agility Planning Project Decentralization 33

Harvard Business Review

DECEMBER 13, 2017

Because I teach a course on Product Management at Harvard Business School, I am routinely asked “what is the role of a Product Manager?” ” The role of a Product Manager (PM) is often referred to as the “CEO of the Product.” Aron Vellekoop Len/Getty Images. Core Competencies.

Productivity 8

Productivity Products Core Competence Management 8

Harvard Business Review

MAY 14, 2015

As a practitioner of a design-led form of product development, and in my own research and writing about an empathetic approach to product design, I’m overtly critical of the Lean manifesto. While many startups fail because of poor execution, I would argue that the majority fail because their product has no market.

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Productivity Products Reis Definition 8

Harvard Business Review

JUNE 17, 2015

Now, every company of any scale and in any sector wants to be closer to its customers, to understand them more deeply, and to tailor their products and services to serve them more precisely. They followed a sequence that resulted in new products or major updates to products every year or two.

Productivity 8

Productivity Products Customer Intimacy Software 8

Strategy Driven

APRIL 2, 2014

The question is, do your executives have the skills and experience to lead a cross-functional process focused organization? This blog focuses on how to motivate, engage, and coach the Executive Sponsor and Process Owner during a Business Process Improvement (BPI) project. The Process Owner is oriented inward toward the process.

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BPM Process Tips Management 56

Harvard Business Review

JUNE 13, 2018

By Ayman Sayed, President and Chief Product Officer, CA Technologies. We’re all striving to deliver better products faster to meet customer needs in the marketplace and stay ahead of the competition. It has also changed the way that our customers research, buy, use and review products and technologies.

Agility 9

Agility Technology Development Content 9

Harvard Business Review

MAY 4, 2018

Called Agile, the process put customers at the center of product development, encouraged rapid prototyping, and dramatically increased corporate speed and agility. While Agile began as a product development innovation, it sparked a corporate strategy and process revolution. Maximize engineering productivity.

Agility 8

Agility Development Organization Software 8

Harvard Business Review

MAY 22, 2018

What makes this a quest is that there is likely no product currently on the market or no existing demand from consumers. As a result, market research will show a small Total Addressable Market (TAM). Managers focus on maximizing one’s share of the market for existing products.

Organization 11

Organization Company Venture Capitalist B2B 11

Harvard Business Review

JUNE 19, 2017

While initially designed to improve the responsiveness of software development teams, more recently agile has become the default team-based operational model for companies big and small, across industries and sectors, with the promise of a substantial and sustained spike in team productivity and efficiency.

Agility 8

Agility Software Incentives Banking 8

Harvard Business Review

JUNE 28, 2016

A second set of entrepreneurs focus on information goods and think of IT as the product. But today there is a third approach, one that will become the dominant path for most entrepreneurs, especially those building information products. It has several key benefits: Speeds time-to-market. Take a company like Airbnb.

Entrepreneur 9

Entrepreneur Airlines Construction Short-term 9

Harvard Business Review

AUGUST 20, 2018

NewTV is the creation of Jeffrey Katzenberg, whose track record includes head of production at Paramount, chair of Walt Disney Studios, and cofounder of DreamWorks. Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

MAY 22, 2018

About two-thirds of agile practitioners report higher team morale, increased productivity, greater ability to manage changing priorities, and faster time to market than they were experiencing before. I decided to offer them a two-for-one deal: “We are happy to help you discover, design, and develop this product.

Bureaucracy 11

Bureaucracy Agility Energy Constraint 11

Harvard Business Review

FEBRUARY 22, 2011

Called "Why US Productivity Can Grow Without Killing Jobs," it takes as a given that this would strike readers as counterintuitive. Could it really be that businesses could become more productive and yet not find themselves with excess workers standing around? What a conundrum! Well of course we know it is not one.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

Harvard Business Review

JULY 11, 2011

A lot of business literature advocates teaming up wherever possible to open the doors to new ideas, draw on the unique strengths of others, and speed time to market. Advanced algorithms process these inputs to enable features such as 3D effects or focusing on different parts of the image after the photo has already been taken.

Contract Manufacturing 12

Contract Manufacturing Licensing Retail Innovation 12

Harvard Business Review

DECEMBER 19, 2016

On one hand, pure cost-based strategies are now rarely viable because the forces of automated production, mass customization, global supply chains, direct channels, networked devices, etc., Today’s organizational strategies call for small, manageable units focused solely on specific technologies, end markets, or geographical areas.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

JULY 27, 2017

To find out, Gimmy and Meyer designed the new organizational unit with a set of processes and a startup program based on the venture client model. The next phase of the BMW Startup Garage process involved whittling down startups to find those that have a strategically relevant technology, product, or service.

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

JANUARY 29, 2015

Is your company ready to compete in a world of smart, connected products ? For some time now we’ve been living into a smarter world filled with Big Data and analytics, and a more connected one that’s been described as “ the internet of things.” The first step was to hire someone to run it.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

SEPTEMBER 14, 2011

Chirotech specializes in biocatalysis and chemocatalysis, two important subspecialties of biotechnology and chemistry that help develop key biological and chemical intermediates needed for the efficient production of medicines. Reliance MediaWorks.

Globalization 10

Globalization Innovation Decentralization Chemicals 10

Harvard Business Review

MAY 23, 2016

In fact, IoT is at the peak of Gartner’s 2015 hype cycle, which suggests the next phase will be disillusionment, and it will be years before we see real productivity gains. We believe data-driven manufacturing is indeed the next wave that will drive efficient and responsive production systems. Insight Center.

Supply Chain 10

Supply Chain Engineering System Efficiency 10

Harvard Business Review

JUNE 13, 2018

Companies across the globe are faced with new competitive threats, changing market dynamics, new technology disruption and evolving customer needs, and the pressure is on for companies to be able to sense and respond to those changes and deliver better products and services to customers, faster. Are we building the right thing?

Agility 8

Agility Metrics Technology Succession 8

Harvard Business Review

NOVEMBER 27, 2013

Physical product customizers such as Nike iD and Moto Maker have earned strong customer followings, but they’re still closer to “designed for me” than the “designed by me” experience we’ve been promised. Consider the very unexciting process of buying a washing machine.

Offshoring 8

Offshoring Productivity Products Competitive Advantage 8

Harvard Business Review

OCTOBER 4, 2012

Once the project was under way, it became clear that to hit the launch date, the production ramp-up phase would have to be reduced. This could be achieved only by taking shortcuts in the production validation and evaluation processes. None of the managers of the 18 production facilities were comfortable with that kind of risk.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

Once the project was under way, it became clear that to hit the launch date, the production ramp-up phase would have to be reduced. This could be achieved only by taking shortcuts in the production validation and evaluation processes. None of the managers of the 18 production facilities were comfortable with that kind of risk.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

DECEMBER 23, 2015

Sales and product quotas, growth targets, and mission statements are widespread counterfeits. One McKinsey study of 2,135 executives revealed that most corporate strategies “developed idiosyncratically to their organizations, people, and markets,” and don’t pass more than three out of 10 core tests for viable strategy.

Mission Statement 8

Mission Statement Report McKinsey Strategy 8

Harvard Business Review

MAY 7, 2018

Faster times to market, greater flexibility on the way there, and greater focus on the customer — common results of a successful lean implementation — are all positives. In the MVP stage, the questions should be about the customer and product-market fit, as well as the unit economics that will drive the enterprise value.

Innovation 12

Innovation Learning-by-Doing Execution Team 12

Harvard Business Review

MAY 2, 2016

They ignore the realities of how global manufacturing now works — how it has evolved into a complex network of interlinked factories that together build many of the products sold today. Generally, what we see is the country where the final assembly of a product took place. A big reason is technological complexity.

Supply Chain 8

Supply Chain Globalization Cost Efficiency 8