A systematic approach that views the clinical research department as an integral part of the development team can enhance the likelihood of success in the creation of new products. Nancy J. Stark Many ...

How many new products do you think brands and retailers create annually? Here are some examples. Zara releases about 20,000 new styles every year. And Ikea claims to develop over 2,000 new products a ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic. More ...

FMEA has several variants that allow for minimizing risk throughout product development. Design FMEA is a handy means of ...

Businesses around the globe are under pressure to shorten their product development cycles while reducing cost and maintaining quality. This is due to relentless competition, high customer ...

If you're trying to get ahead of competitors with the same product design cycle you've always used, I have bad news for you: You're probably falling behind. No matter how far along you are in ...

A product development strategy provides a framework for creating new products or improving the performance, cost or quality of existing products. The strategy helps a company achieve business goals, ...

As products of all kinds embed various levels of intelligence, software becomes a key differentiator—making the integration of software into the product development process critical. Intersection of ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Chase Harrington ...

Outsourcing your product development requires various considerations, including requirement analysis, selecting the suitable cooperation model, hiring an agency or freelancer and avoiding a few ...