Product Development
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About this ebook
We currently live in a very fast paced environment. It's become
a very competitive corporate world where it's the products
which decide on the fate of the company. New products ideas
float around almost everywhere, but not every one of them
becomes the next big thing in the market. Even the biggest of
companies fail to survive, with Nokia being a prime example of
the above.
Product development is an art in itself and when mastered, will
hold potential to propel your company up the competition list.
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Book preview
Product Development - IntroBooks Team
Product
Development
IntroBooks #484
readintrobooks.com
Copyright © 2018 IntroBooks
ALL RIGHTS RESERVED.
PREFACE
We currently live in a very fast paced environment. It’s become a very competitive corporate world where it’s the products which decide on the fate of the company. New products ideas float around almost everywhere, but not every one of them becomes the next big thing in the market. Even the biggest of companies fail to survive, with Nokia being a prime example of the above.
Product development is an art in itself and when mastered, will hold potential to propel your company up the competition list.
Summary
This crash course guide on New Product Development will serve as a perfect information source for anyone who is mew to the entire process. We have kept in mind all the necessary concepts which you might require as part of developing a new product of your very own.
We first begin by defining what the term Product Development Process
means. We also introduce you to the term Innovation
along with the various models adopted by companies as part of the product development campaigns.
This is not all, the topics covered here are of primary importance to any person belonging to a business of any magnitude. Be it a bug company or a small company, they will have go get their product development process spot on or just be marred by the competition out there in the market. A failed company is as a result of their failed products. It’s as simple as that.
INTRODUCTION
In the age of growing competition among corporate firms, it’salways the minutest of details which determines which company is ahead of the pack. We now live in a world where there are thousands of different products being released into the market. The most important of facts to be kept in mind is that the future of any company depends on the innovativeness and catchiness of itsnew products. We as consumers demand new