▪ Gatekeepers make one of four decisions:
▪ Go ▪ Kill ▪ Hold ▪ Recycle
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Managing the Development Process: Ideas
▪ Idea Generation
▪ Interacting with Others
▪ What challenges does a company face in developing new products?
▪ What organizational structures are used to manage new-product development?
▪ What are the main stages in developing new products, and how can they be managed better?
7
Organizational Arrangements
▪ New-product deployment requires specific criteria – one company established the following acceptance criteria
▪ The product can be introduced within five years ▪ The product has a market potential of at least
4
Challenges in New-Product Development
▪ Incremental innovation ▪ Disruptive technologies
▪ Why do new products fail?