Over the last decade, industry professionals have radically transformed the theory and practice of new product development. Now the Product Development & Management Association (PDMA) has combined the best aspects of current product development practice in a single volume which applies to new products and services in both consumer and industrial markets.
With thirty-three chapters written by leading professionals in the field, The PDMA Handbook of New Product Development offers authoritative practical information on every stage of the product development process, from idea generation to delivery of the final product. For the novice, there is essential coverage of important fundamentals—market analysis and segmentation, choosing and implementing the "right" development process, the creation of multifunctional teams, and more. Experienced practitioners will find important guidance on topics outside their own area of expertise, as well as material on more advanced and emerging concepts, such as process ownership, pipeline management, metrics, and product architecture.
The book's concise, how-to approach enables readers to access the basic information they need quickly, while providing helpful references to up-to-date sources of further information. By providing a complete picture of the knowledge needed for effective new product development today, this all-in-one guide is an invaluable asset to professionals at every level.
Praise for The PDMA Handbook of New Product Development . . .". . . an outstanding reference for any organization wanting to provide a high level of customer value in all its products and services." — Phillip Rooney Chief Executive Officer WMX Technologies, Inc.
"It provides a comprehensive yet practical resource for information on how to identify, develop, and launch successful new products capturing recent innovations in the 'fuzzy front end' as well as key learnings in product life-cycle management." — Les White Senior Manager Nortel Technology
"Companies who have not yet implemented a new product development process can rely with confidence on the wealth of experience contributed in the Handbook, and those that have recently implemented a process will find sources for continuous improvement among these pages." — Dr. Sheldon A. Buckler Chairman, Commonwealth Energy System
"The Handbook provides a collection of state-of-the-art, yet practical, 'tools', 'processes', 'how-to advice', and 'skill sets' that can significantly enhance the commercial success of new products." — Barry Siadat Vice President of Technology & Engineering AlliedSignal Inc.
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About the Author
About the editors
MILTON D. ROSENAU, Jr., FCMC, is President of the Product Development & Management Association (PDMA). He is the founder and head of Rosenau Consulting Company, a specialized management consulting firm whose clients include leading manufacturers of high-technology industrial products. A well-known author, his books include Managing the Development of New Products and Faster New Product Development.
ABBIE GRIFFIN, PhD, is an associate professor at the University of Chicago, with a joint appointment in the Marketing and Operations Management Departments. She is the PDMA's Treasurer and has published articles on product development in Marketing Science, Sloan Management Review, and the Journal of Product Innovation Management.
GEORGE CASTELLION, the founder and head of SSC Associates, is a management consultant in new product development, providing services to clients in R&D-intensive industries. He is also founding Director of the PDMA's Frontier Dialogues on the Fuzzy Front End and on New Product Teams, and is the PDMA's Vice President for Association Development.
NED ANSCHUETZ, PhD, is a Senior Vice President at DDB Needham Worldwide, where he has worked since 1979. He is a Group Director of Strategic Planning and Research, as well as Research Director for the agency's new products group, and an active member of the PDMA and the American Marketing Association.
Table of Contents
Partial table of contents:
BEFORE YOU GET STARTED.
New Products: What Separates the Winners from the Losers (R. Cooper).
Seven Steps to Strategic New Product Development (B. Gill, et al.).
Optimizing Product Development Through Pipeline Management (J. Harris & J. McKay).
Implementing a Product Development Process (P. O'Connor).
Developing a Strategy and Plan for a New Product (D. Boike & J. Staley).
Classification of Sources of New Product Ideas (R. Lonsdale, et al.).
Product Architecture (D. Cutherell).
DOING THE DEVELOPMENT.
Assembled Product Development (R. Stoy).
Service Development (C. Terrill & A. Middlebrooks).
Accelerating New Product Development (R. Meltzer).
FINISHING THE JOB.
Launching a New Consumer Product (B. Ottum).
Product Discontinuation (P. Katzfey).
Process Ownership (K. Graziano).
Metrics: A Practical Example (L. Beaumont).
PDMA'S BEST PRACTICES RESEARCH.
Best Practices (T. Hustad).