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New Product Development and Introduction (NPDI)
New product development and introduction (NPDI) is probably the most important process for many companies, but also one of the least understood. While NPDI is

economic development administration  leaders can drive the economic prosperity of their region. . . . the real engine of productivity growth, which leads to long-term sustainable GDP per capita growth, is innovation. Diana Farrell, Director of the McKinsey Global Institute International Herald Tribune, December 6-7, 2003 How Can NPDI Be Fixed? So how can companies improve their NPDI process and access to the benefits it brings? There are three critical capabilities required: Better portfolio strategy Better product management Better functi Read More...
Product Development and Portfolio Management
The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses...
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Documents related to » economic development administration


Vendors Jostle and Profess Economic Stimulus Readiness - Part IV
Part I of this series analyzed the opportunities (as well as the related strings attached) stemming from the American Recovery and Reinvestment Act of 2009

economic development administration  Jostle and Profess Economic Stimulus Readiness - Part IV Part I of this series  analyzed the opportunities (as well as the related strings attached) stemming from the  American Recovery and Reinvestment Act of 2009 (ARRA) , a.k.a. the Economic Stimulus Plan. The inspiration came from my attendance of  the Deltek Insight 2009 user conference last May , where Deltek decided to fill a market need and interest by convening a separate “track” that was entitled  “Stimulus & Beyond (Navigating th Read More...
Making the Business Case for HR Investments during Economic Crisis
Automation of human resources (HR) processes and integration across various functions can provide visibility into and analysis of the workforce. Having a single

economic development administration  for HR Investments During Economic Crisis Human resources is also known as : Human Capital Management , Human Resource Development , Human Resource Management , Performance Evaluation and Management , Human Resource Policies , Management Development , Human Resource Management Information , Human Resource Planning , HR Management System , Human Resource Management System , HR Solutions , Human Resource Services , Human Resource Strategy , Performance Appraisal , Talent Management Systems , Training and Read More...
CRM: A Business Imperative during the Economic Downturn
The economic downturn means that businesses must capitalize on every opportunity to gain revenue. With the right customer relationship management (CRM) solution

economic development administration  their revenues during the economic downturn through the use of Customer Relationship Management (CRM) software. CRM enables companies to: (1) deliver exceptional and personalized service consistently to their customers during these challenging times, (2) increase their customer revenue share through highly focused business development programes (3) extend the reach and effectiveness of new business programes and (4) achieve significant cost savings and on-going productivity improvements. Introduction The Read More...
The Economic Benefits of an Integrated Talent Management Suite
Today, many human resources (HR) organizations find themselves with a tapestry of HR systems, many of which do not work well with each other. But many

economic development administration  Talent Management (Wikipedia) The Economic Benefits of an Integrated Talent Management Suite Talent Management is also known as : Human Capital Management , Performance Management , Leadership Development , Talent Marketplace , Human Resource Management , Human Resources , Performance Improvement Plan , Performance Appraisal , Talent Management Systems , Incentive Program , Personnel Management , Change Management , Skills Management , Training and Development , Human Resource Development . For the last Read More...
Case Study: The Armament Research, Development and Engineering Center (ARDEC), US Army
For the 3,500 users at the Armament Research, Development and Engineering Center (ARDEC), having organizational data coming from three different sources was

economic development administration  Study: The Armament Research, Development and Engineering Center (ARDEC), US Army For the 3,500 users at the Armament Research, Development and Engineering Center (ARDEC), having organizational data coming from three different sources was causing reporting problems. To provide accurate reports to customers, ARDEC adopted a news business intelligence (BI) solution. Learn how that solution provided self-serve reporting for users, access to all enterprise data, and faster time-to-production. Read More...
Siemens Product Development Solutions for Process Industries
Process manufacturing companies have traditionally been slow to adopt product lifecycle management (PLM) solutions, mostly because they have not had many

economic development administration  Product Development Solutions for Process Industries Process manufacturing companies have been slow to adopt product lifecycle management (PLM) solutions, mostly because they have not had many alternatives to choose from. This has not been the case for discrete manufacturers, for which there have been a wide variety of offerings since the late 90s. PLM for process manufacturers only started to truly emerge in the early 2000s. Since then, all major PLM vendors have been offering process PLM, but Read More...
Portfolio Navigator: Product Development and Portfolio Management Competitor Analysis Report
The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase

economic development administration  Navigator: Product Development and Portfolio Management Competitor Analysis Report The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products. Read More...
PLM (Vendors) and Lean Product Development - Part I: An Overview
“Basically, lean is [focused on] creating more value with less work.” – Wikipedia, Lean ManufacturingNo matter who can be credited with making this

economic development administration  (Vendors) and Lean Product Development - Part I: An Overview “Basically, lean is [focused on] creating more value with less work.” – Wikipedia, Lean Manufacturing No matter who can be credited with making this statement, I have to thank him or her. This statement allows people to apply lean principles in broader circumstances than manufacturing. Following this idea, I’d like to define lean product development (LPD) as this: LPD is focused on developing more products better and with use of fewer Read More...
Gaining Competitive Advantage through Global Product Development
Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided

economic development administration  are sensitive about ceding economic power that is underpinned by innovation. The following are some common arguments that address this issue, and typical responses. Brain Drain   Argument: As we shift product development work to low-cost countries, we will ultimately be turning unskilled foreigners into highly skilled innovators. This will someday weaken the leadership position of the high-cost countries and put them at a disadvantage politically. Reply: In fact, just the opposite is likely to occur. As Read More...
PLM (Vendors) and Lean Product Development -- Part 2: Dassault Systèmes
Part 1 of this blog post series discussed in general the relationship between product lifecycle management (PLM) and lean product development (LPD), and pointed

economic development administration  (Vendors) and Lean Product Development -- Part 2: Dassault Systèmes Part 1 of this blog post series discussed in general the relationship between product lifecycle management (PLM) and lean product development (LPD), and pointed out that various PLM vendors may have different interpretations of PLM functionality, as well as different levels of support for users’ LPD initiatives. In this and a few future blog posts, I will choose some PLM vendors and talk about the relationship between each Read More...
Learning and Development: Aligning Workforce with Business Objectives
For companies that seek to align their workforces with business objectives and turn human capital into a competitive advantage, learning and development will be

economic development administration  and Development: Aligning Workforce with Business Objectives For companies that seek to align their workforces with business objectives and turn human capital into a competitive advantage, learning and development will be a critical enabler. Best-in-class companies are more than twice as likely as laggard companies to have a learning and development strategy that’s integrated with overall strategy. Find out how you can avoid lagging and become more like the best-in-class companies. Read More...
The Strategic Development of Core HR Systems
Human resources (HR) systems have been around for many years, providing robust and efficient solutions for companies of all sizes. When properly designed

economic development administration  Strategic Development of Core HR Systems Human resources (HR) systems have been around for many years, providing robust and efficient solutions for companies of all sizes. When properly designed, implemented, and maintained, these systems allow companies to engage and nurture their employees and critical processes. When these systems are neglected, however, the result is a loss of competitive edge, increased employee dissatisfaction, and unnecessary costs. Read More...
Lean Enterprise Development in Complex Engineer to Order Companies
Maintaining a competitive advantage is paramount, no matter what business you operate within. Engineer-to-order (ETO) companies that produce complex products

economic development administration  Enterprise Development in Complex Engineer to Order Companies Maintaining a competitive advantage is paramount, no matter what business you operate within. Engineer-to-order (ETO) companies that produce complex products, usually in low volumes, and with project control techniques, are no exception. A lean enterprise involves the reduction or elimination of any activity that does not add value to a customer. In order to effectively utilize lean, lean concepts must be taken from the manufacturing floor Read More...
Latest Development on Epicor's Trying The Divestiture Tack
Even as TEC analyzed Epicor's sale of its Impresa for MRO division, Epicor announced the sale of its Platinum for Windows (PFW) product line. Plagued by

economic development administration  better reflect the current economic environment and geographical market conditions. Figure 1. The company also announced on May 2 that it completed the sale of its Impresa for MRO division to Avexus, Inc., a software and services company catering to the maintenance, repair, and overhaul (MRO) ERP marketplace for highly engineered assets. Terms and conditions of the divestiture were not disclosed. Epicor believes the sale of this division is in line with the company's expanding focus on collaborative Read More...

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