Getting the basics right
Length: 7 Pages; Various Tools and Techniques
When it comes to product innovation metrics, few companies believe they have the right metrics in place, and some have very few relevant measures at all. We have taken a “back to basics” approach reporting potential hurdles, illustrating the metrics companies are looking at, and featuring effective processes and tools for developing and deploying balanced measurement systems for the entire product development process.
This Quick Insight is based on an interview with Steve Greenhalgh of Time to Market and provides an overview of metrics for during and after the product development process, a process for selecting the most appropriate metric to use, and describes the finished metrics dashboard – a highly flexible, visual guide to NPD performance.
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Successfully avoiding revenue growth gaps by selecting breakthrough new product ideas |
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Successfully avoiding revenue growth gaps by selecting breakthrough new product ideas |