Leading Product Development: The Senior Managers Guide to Creating and Shaping the Enterprise

Steven C. Wheelwright

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In their groundbreaking book "Revolutionizing Product Development", Steven C. Wheelwright and Kim B. Clark demonstrated how project leaders for product development could apply new innovations to bring products to market at breakneck speed. Now, in their new work, they address the general manager's role in leading product development efforts-- at the functional, unit, group, and corporate levels. Up to now, senior managers have merely approved or rejected proposals at the beginning of a project and rushed in at the end to resolve problems. This traditional approach to product development no longer works, the authors contend.

A fundamental shift in the role of senior management is taking place: the entire spectrum of new product development is now the responsibility of the general manager-- from pre-project planning to completion. Wheelwright and Clark draw on their combined consulting experience and numerous examples-- such as Kodak, Honda, Hewlett-Packard, and Gillette-- to explain how this new role can be successfully executed in today's competitive arena. The authors show how the margin for error in new product development has become razor thin. Pre-project planning, they show, takes the guesswork out of development so that projects run smoothly from start to finish. Second, they describe how to choose a set of projects that match a company's specific strategic objectives, resources, and "organizational horsepower"-- enabling the development of consistently successful products and capabilities over time.

Finally, they reveal how to create a plan for action: how to determine project sequence, what measurements and incentives are crucial, and, most important, how to capture project learning and integrate it back into the ongoing stream of product development. Wheelwright and Clark conclude that the opportunity for rapid, significant development lies in managerial leadership of pre-project planning and commitment to improvement at every step of the product's life cycle. They provide managers with the tools needed to master these processes, making this book necessary reading for every manager who wants the upper hand in bringing timely, efficient, high-quality new products to market.

What will you learn from this book

  1. Innovation and Market Understanding: Emphasizing the importance of innovation in product development, rooted in a deep understanding of market needs and customer preferences.

  2. Cross-Functional Collaboration: Encouraging collaboration among various departments and teams (engineering, marketing, design, etc.) to streamline product development processes.

  3. Product Lifecycle Management: Understanding and managing the entire lifecycle of a product, from conceptualization to retirement, optimizing each stage for success.

  4. Risk Management and Mitigation: Identifying potential risks in product development and implementing strategies to mitigate them, ensuring smoother project execution.

  5. Agile and Iterative Approaches: Utilizing agile methodologies and iterative processes to adapt to changing market dynamics and quickly respond to customer feedback.

  6. Technology and Resource Optimization: Leveraging technology and optimizing resources to enhance product development efficiency and reduce time-to-market.

  7. Customer-Centric Design Thinking: Adopting a customer-centric approach, employing design thinking methodologies to create products that address user needs and preferences.

  8. Quality Assurance and Testing: Ensuring product quality through rigorous testing and quality assurance measures throughout the development lifecycle.

  9. Strategic Planning and Alignment: Aligning product development strategies with overall business goals and long-term strategic plans of the organization.

  10. Continuous Improvement and Learning: Encouraging a culture of continuous improvement, learning from both successes and failures to enhance future product development endeavors.

Language English
ISBN-10 0029344654
ISBN-13 9780029344651
No of pages 176
Font Size Medium
Book Publisher Free Press
Published Date 01 Oct 1994

About Author

Author : Steven C. Wheelwright

1 Books

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