Successful new product development.

(From Israel Business Arena)

Byline: Michael Neuvirth

Studies have shown that the defining difference between companies that consistently produce successful new products, and those that do not, is not superior innovation, or deeper pockets. The single common denominator among the winners is a well-defined, well-practiced system for managing product development from inception to launch. -- Dave Erlandson, Visions Magazine

The above quote is very good news for startups that lack deep pockets for product development. Money is not the key - planning and developing a proper product development system is your key to success.

Web-enabling the product development process is becoming one of the ways of conducting proper new product development (NPD). Today's Enable shows you a site that provides the latest information on NPD, including web-enabled product development. The site is run by the Product Development and Management Organization. One of the best resources at the site is Visions Magazine. The two latest issues of Visions deal with web-enabled product development in detail and highlights from both issues can be found below.

Is Web-enabled NPD for you?

The July edition of Visions contains an article entitled: Are you ready to web-enable your new product development process. The article provides the following list of NPD challenges which should be used to determine if you are ready to move to web-enable product development. If these concerns hit home, then you should really begin to investigate web-enabled solutions, as quickly as possible.