Mills Scofield

DECEMBER 5, 2014

After discovering a new material that achieves the same texture in a foot cream , they were able to shorten their time to market by finding and partnering with the leading researcher in developing this ingredient and launching their first hair product successfully. How Does This Change the New Product Development Process?

Stage-Gate 128

Stage-Gate Productivity Products Innovation 128

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. That’s the way to improve your time-to-market without compromising on product quality. You’re better off proceeding step-by-step.

Agility 40

Agility Planning Project Decentralization 40

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.

BPM 56

BPM Process Tips Management 56

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. Leaders tend to feel that they are being consultative and open, but new ideas by their nature require new paths.

Supply Chain 57

Supply Chain Real Estate Resistance Competitive Advantage 57

Harvard Business Review

JUNE 13, 2018

For nearly two decades, many companies have utilized the principles within the Agile Manifesto to deliver faster time-to-market than traditional, or linear development models. We’re all striving to deliver better products faster to meet customer needs in the marketplace and stay ahead of the competition.

Agility 8

Agility Technology Development Content 8

Harvard Business Review

JUNE 19, 2017

But a big and growing challenge is emerging: Once your tech teams have begun to master these new ways of working — improving time to market, continuous learning, responsiveness, and collaboration — they often find that the pace of work they desire is substantially hindered by the lack of agility in HR.

Agility 8

Agility Software Incentives Banking 8

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. Customers enjoy the benefit of new features sooner.

Agility 8

Agility Development Organization Software 8

Harvard Business Review

JULY 8, 2016

China has not been a huge technology innovator, despite being the world’s second-largest investor in R&D , but Chinese businesses have found ways to use innovations in processes, business models, and customer experience to their disruptive advantage. This presents Western companies with a fresh challenge.

Business Model 8

Business Model Innovation Company Apparel 8

Harvard Business Review

MAY 22, 2018

The entire process from post-it note to launching the product in the market took under 12 months, less than one-third of the time the division’s previous new product launch required. One of the ways the financial institution was able to accelerate its time to market was by launching multiple experiments simultaneously.

Organization 9

Organization Company Venture Capitalist B2B 9

Harvard Business Review

JUNE 28, 2016

For instance, Amazon has created a cloud services business that enables established firms and startups alike to rent IT infrastructures and processes from Amazon. It has several key benefits: Speeds time-to-market. APIs and platforms reduces the time-to-market for products and services.

Entrepreneur 8

Entrepreneur Airlines Construction Short-term 8

Harvard Business Review

MAY 14, 2015

The two methodologies may appear to share much in common on the surface, but if you dig deeper, there are fundamental differences in process that lead to very different outcomes. The goal of this MVP approach is to move as quickly as possible without wasting time on irrelevant or unnecessary effort. Lean is fast. Design is slow.

Productivity 8

Productivity Products Reis Definition 8

Harvard Business Review

DECEMBER 19, 2016

By creating nimbler, more autonomous businesses and pushing decision-making down the management chain, CEOs can increase corporate collaboration, speed, and adaptability, as well as simplify or replace burdensome management processes (e.g., implement frequent, rapid, project-specific evaluations instead of annual performance reviews).

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

AUGUST 9, 2018

It may feel like you’re overinvesting in planning, but it will save you time and pain in the long run. Giving people multiple opportunities to take in and process the announcement is essential for thorough understanding; receiving the information from the right sources in the right sequence is crucial for credibility.

Team 12

Team How To Planning Follow-up 12

Harvard Business Review

JUNE 17, 2015

In this article we look at three very different organizations – IBM, Rich Products, and Intuit – and the three different paths they have taken in reconfiguring their operations for more customer intimacy, by changing methods, reengineering processes, and transforming culture. IBM: Applying a Hybrid Design-Thinking Approach.

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

AUGUST 20, 2018

And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes were small — the famed “pivot.” Startups now had tools that sped up the search for customers, reduced time to market, and slashed the cost of development.

IPO 8

IPO First-mover Advantage Business Model Agility 8

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 11

Contract Manufacturing Licensing Retail Innovation 11

Harvard Business Review

FEBRUARY 22, 2011

Out of their work came a new business focus on "time to market" and "cycle time." Shortening the cycle times of your processes — whether product introduction or the order-to-cash cycle — uses fewer resources, and thus when all businesses do it helps the economy minimize the cost of any given output.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

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. We can coach you and serve as subject matter experts in the development process. So, take the initiative.

Bureaucracy 9

Bureaucracy Agility Energy Constraint 9

Harvard Business Review

OCTOBER 18, 2016

For key operational investments, the focus is about improving the performance of existing activities, which often entails looking for opportunities for integration and rationalization to speed up business processes and remove inefficiencies. Digital investments to assist meeting specific industry legislation also fall into this category.

Tools 8

Tools Competitive Advantage Operations Technology 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

DECEMBER 13, 2017

Company philosophy about PM – Every company has a different philosophy about the product development process and where PMs fit into that process. Founder/CTO/CEO relationship with PM – Especially in earlier stage companies, it’s important to know how involved the Founder/CEO/CTO is in the product process.

Productivity 8

Productivity Products Core Competence Management 8

Harvard Business Review

MAY 29, 2017

“Urgency” suddenly becomes a value when time to market cycles are industry lagging and pressure from the Board is mounting. ” Processes like strategy, selection, rewards, performance management, and resource allocation must have values woven deeply into them with undeniable consistency between actions and words.

Bottom-up 9

Bottom-up Competitive Advantage Organization Workshop 9

Harvard Business Review

AUGUST 26, 2013

Digital capabilities are about methods, processes and people — and a truly digital IT organization is different from traditional IT. They drive innovation and speed up time to market. In other words, IT must become a business-driven, front-office function. Ramp up distinctive digital capabilities quickly.

CIO 8

CIO CTO Operations Technology 8

Harvard Business Review

SEPTEMBER 14, 2011

Dr Reddy's plan is to leverage Chirotech's scientific capabilities to optimize drug development processes, thus lowering manufacturing costs and speeding time-to-market.

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

JANUARY 29, 2015

” Incorporating rapid programming practices (“ Agile ” and “ Extreme Programming ”) to bring significant time-to-market and productivity benefits also required new and different skill sets than what were traditionally found within GE.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

MAY 23, 2016

The technologies and processes that are transforming companies. Once a design was finalized, manufacturing used the engineering bill of materials and manually added relevant manufacturing (manufacturing bill of materials) and process data (process bill of materials). Industrial automation is an evolutionary process.

Supply Chain 8

Supply Chain Engineering System Efficiency 8

Harvard Business Review

JUNE 13, 2018

For years, agile teams and organizations have measured success using process metrics – time to market, team throughput and cycle times, improved quality, and better predictability of output. Is faster delivery into the market having an impact on your bottom line?

Agility 8

Agility Metrics Technology Succession 8

Harvard Business Review

NOVEMBER 27, 2013

First, we’ve seen dramatic improvements in flexible automated fabrication, exemplified by innovations like Tesla Motors’ robot-heavy car factories and Nike’s revolutionary Flyknit process. Consider the very unexciting process of buying a washing machine. The tools to do this are already here.

Offshoring 8

Offshoring Productivity Products Competitive Advantage 8

Harvard Business Review

DECEMBER 23, 2015

“Speed” suddenly becomes a value when time to market cycles are industry lagging. From strategy to HR processes, weave them deeply into the organization’s fabric with undeniable consistency between actions and words. ” Underneath the pithy words is often the insidious intention to correct.

Mission Statement 8

Mission Statement Report McKinsey Strategy 8

Harvard Business Review

OCTOBER 4, 2012

This could be achieved only by taking shortcuts in the production validation and evaluation processes. In addition to a fully engaged senior manager, a global innovation project requires a strong project management team to drive the project on a day-to-day basis and strong team leaders supported by robust tools and processes.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

This could be achieved only by taking shortcuts in the production validation and evaluation processes. In addition to a fully engaged senior manager, a global innovation project requires a strong project management team to drive the project on a day-to-day basis and strong team leaders supported by robust tools and processes.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

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. This is through no fault of the lean startup process. Rather it is because lean by itself is not enough to stimulate new growth.

Innovation 9

Innovation Learning-by-Doing Execution Team 9

Harvard Business Review

OCTOBER 8, 2013

Doing so will enable payers to simplify their infrastructure and focus on analytic processes that are separate from claims adjudication. This infrastructure is less invasive, requires less investment, and offers faster time-to-market than do solutions that necessitate material changes to claims-adjudication processes.

Health Care 8

Health Care Cost Analysis Competitive Advantage 8

Harvard Business Review

MAY 2, 2016

The raw wafer for an iPhone chip might have been processed in Texas before it was shipped to a factory in Taiwan to be diced into individual chips and tested, then wire bonded into a package before going to a parts distribution center, before finally making it to that assembly line in Zhengzhou, China.

Supply Chain 8

Supply Chain Globalization Cost Efficiency 8