Successful new product development is critical to the sustainability and growth of every company. From startups to Fortune 500 corporations, companies must be able to adapt existing products and build new products to respond to the ever-changing preferences of their customers.
This course will cover the core principles, frameworks, and methodologies used in new product development, and requires students to apply these principles in the development of a new product.
The Innovator's Dilemma, The Age of Disruption & Creating an Optimized Culture for New Product Innovation.
Market Segmentation and Design Thinking
Rapid Prototyping & Prototyping Apps
Reverse/Frugal Product Innovation and Ethics in Product Design
Next Generation Business and Revenue Models
Preparing the Product Launch
Comprehensive New Product Development Plan and Recos
Key Takeaways From this Training:
1. Establish a holistic product product development framework for a new product idea.
2. Identify differences in new product development and launches across customer and market segments, including international marketplaces.
3. Develop digital prototyping skills.
4. Evaluate the innovation cultures and the new product development processes of product teams and companies.
To lean more about our offerings and the size of classes reach out to us here
As a Management and Education Consulting firm with a global mindset, our diverse industry experts assist Knowledge-Based Businesses to enter new markets successfully as well as continue to grow through talent investment, market validation, and lead generation.
Our other strategic offerings include talent consulting services and services specializing in business and management education.
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