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3 Key Shifts Changing Business for Product Innovators

New product development (NPD) and new product introduction (NPI) practices have shifted drastically over the last decade as companies increase the pace of innovation to survive and prosper in the face of customer demands for greater performance at a lower price, increased global competition, and more stringent regulatory requirements.

Product innovators now face the challenge of coordinating globally dispersed teams to design, test, and build ever more complex products on even tighter schedules and budgets than ever before.  The three shifts in business that matter to product development are:

  1. Greater complexity and regulations increase need for multidisciplinary co…
    Business News

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