Taking the measure of product development

McKinsey

Is the way you measure product-development performance harming your company’s health? New research suggests that it might be. Insights on Operations

How predictive analytics can boost product development

McKinsey

Complex product-development projects are plagued by schedule slips and cost overruns. The up-front application of advanced and predictive analytics helps companies build plans they can stick to. High Tech Insights

Developing products for a circular economy

McKinsey

Cross-functional collaboration and customer-focused design thinking can help companies reap more value from the energy and resources they use. Our Insights

Accelerating product development: The tools you need now

McKinsey

To speed innovation and fend off disruption, R&D organizations at incumbent companies can borrow the tools and techniques that digital natives use to get ahead. Insights on Operations

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Developing tomorrow’s leaders in life sciences

McKinsey

Insights on Pharmaceuticals & Medical ProductsIn a sector undergoing unprecedented change, five muscles will define the successful leaders of the future.

Product Market Expansion Matrix

Tom Spencer

The product-market expansion matrix may prove useful in the consulting case interview and is relevant when considering growth strategies. Market penetration can be pursued through a combination of initiatives relating to pricing, product, placement and promotion (see “ Four P’s Framework ”).

Employee Tips to Improve Career Development Discussions

LSA Global

Employee Tips to Improve Career Development Discussions. Especially if you conduct career development conversations only once a year, you as a manager need to be sure you’re able to get as much information as you can about what dreams your employees have for their career.

Special Discussion on Starting Consulting Services Organizations Within Product Companies

Steve Shu Consulting

These are companies that are essentially independent from product vendors. However, there are a number of companies that provide consulting or professional services as part of product companies (e.g., here’s the benefit and features of our product – its the best”).

9 Essential Steps to SIMULTANEOUSLY Develop & Deliver Consulting Business

David A Fields

Consultants Project Management productivity project management time managementLife’s great as a consultant when you’re bustling through a project. Until the project’s done. Then you pop your head up and life’s rough while you’re hustling to get another project. Until you land one. Then you’re back to bustling… …and on it goes. Hustle and bustle. Feast and famine. Grins and grimaces. The bane of independent consultants’ existence. Except it doesn’t have to be.

How to Develop a Case Interview Practice Routine

CaseInterview.com

There's no decision as to what to do today, you can just sit down and be productive very quickly. One thing that helped me a lot during the final interviews was developing a repeatable system of revision. I wish I had developed this system at the start of my interviews. Below is a success story I recently received from a CaseInterview.com student about the success they had using a set case interview practice routine.

Importance of Developing Soft Skills in Consulting

Tom Spencer

What skills do I need to develop? Luckily, the answers that I received from countless individuals at various levels of seniority at the firm were the same: focus on developing your soft skillset. Either in your head or on paper you should have a fairly clear picture of how long each step will take or when you could have a completed product.

5 Cheap Ways for Consultants (or Anyone) to Develop Their Skills

Tom Spencer

The question is, what is the best way to develop skills and grow professionally without the big price tags that come with graduate and postgraduate courses. Below are five favourite tips for skill development at zero cost. Develop your own Product/Program Methodology.

5 Benefits of Developing Your Top Talent

LSA Global

Developing Your Top Talent Matters. A relevant employee development game plan is the foundation for building and retaining the talent to execute your strategy. It requires a structured learning and development strategy to deliver, track and manage the training your workforce needs.

Develop Your Employees

Gina Abudi

However, when companies are struggling, they are only going to get out of their current position and begin to move forward when they become creative in launching products and services that enable for expanding the client base and meeting client needs [.]. Professional Development employee development human resources increasing knowledge skills development Training When businesses struggle, one of the first things to be cut is employee training.

Real-world evidence: Driving a new drug-development paradigm in oncology

McKinsey

The potential for real-world evidence is expanding, particularly in oncology drug development. Insights on Pharmaceuticals & Medical ProductsTo compete, some companies are investing in robust real-world data and analytic capabilities.

How to Develop Insight in a Case Interview

CaseInterview.com

A basic conclusion would be, "No, the price decrease is not necessary based on the price sensitivity of consumers vs. the value they see in your product." A positive insight would be, "and we discovered the degree to which they value your product is amazing--much more than we were expecting.""They An "avoid a negative insight" would be a client asking you if they should lower prices, and in the course of that, you realize that customers love the product but hate the service.

4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Many history, English, and art majors, engineers, and law students – all of interest to consulting firms, but lacking in business basics – come to us asking how they can develop their business understanding to prepare for consulting interviews.

5 Recommended Courses To Develop Business Understanding for Consulting

Management Consulted

You will learn how to improve productivity, how to provide more choice to customers, how to reduce response times, and how to improve quality. Today we bring to you some key ways that you can increase your business understanding and, therefore, your effectiveness in consulting.

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Productivity, Robots, China, Growth

MishTalk

You are more productive than ever. Urbanization, population control policies, and cultural shifts have pushed China’s average birth rate below those in more developed countries like the United States. Congratulations. Just don''t expect to be paid more for it.

Productivity and Creativity – awkward bedfellows or birds of a feather?

Ben de Haldevang

For me, the bit that’s really interesting and that feeds well into the current discourse is the differentiation between productivity and creativity. Even 20 seconds googling will provide you with images of linear progression, mathematical equations etc when thinking about productivity. Just as engineers measure their time in units of productivity, so do successful writers in their discipline of producing a number of words per day.

How semiconductor companies can win in China’s new product-development landscape

McKinsey

Product-design centers in China want to become stronger engines of global innovation. What does this mean for semiconductor suppliers? Our Insights

How to Combine Productivity with Mindfulness

Women in Consulting

By: Pierre Khawand. :: You may have heard of a productivity method called the Pomodoro Technique , developed by Francesco Cirillo in the late 1980s. This necessitates a new generation of productivity apps that help us practice mindfulness at work.

Productive choices (which?)

Seth Godin Blog

One useful practice is to have forced choices that break up the work but that are also productive. Not fun, that would be a mistake, but productive. Example: For the next hour, we either need to be developing a brand new strategy for your widget rollout or re-filing forty 1099s. When you’re doing scary creative work, or work that requires emotional labor, it’s natural to want to walk away a bit. To distract yourself.

Product managers for the digital world

McKinsey

The role of the product manager is expanding due to the growing importance of data in decision making, an increased customer and design focus, and the evolution of software-development methodologies. Our Insights

In Product Development, Let Your Customers Define Perfection

Harvard Business

In an era of high-stakes innovation, there is no clearer illustration of how to develop new products the right way (and the wrong way) than a tale of two car companies. How Porsche got the product right. That was heartening to the company’s executives and product designers.

Life insurance product innovation: What insurers can learn from leading tech and consumer companies

McKinsey

Insurers can develop a competitive advantage by looking to how leading technology and consumer-product companies accelerate product development and improve product innovation. Insights on Financial Services

7 Traits of Super-Productive People

Harvard Business

Is there someone on your team who seems unusually productive? Super-productive people are in every industry. The most productive software developers write nine times more usable code per day than the average developer, according to research by Michael Mankins. We collected data on over 7,000 people who were rated by their manager on their level of their productivity and 48 specific behaviors. The most productive people are great problem-solvers.

10 Steps for Developing Effective Communication Skills | Women in.

Women in Consulting

Hiring and developing great people to support you. Fundraising Products The Raisers Edge: Fundraising & Donor Management Online Fundraising Accept Donations Online CRM Charity Software Modules Direct Mail Fundraising Custom Reporting Constituent Relationship. Build strong relationship with supporters, analyze best prospects, develop online communities, and let constituents know you appreciate them system with Blackbaud CRM solutions.

Continuous Development Will Change Organizations as Much as Agile Did

Harvard Business

In 2001, a new approach to technology development was created by a daring group of developers. Called Agile, the process put customers at the center of product development, encouraged rapid prototyping, and dramatically increased corporate speed and agility. While Agile began as a product development innovation, it sparked a corporate strategy and process revolution. Maximize engineering productivity. aleksandarvelasevic/Getty Images.

How to Build Great Data Products

Harvard Business

Products fueled by data and machine learning can be a powerful way to solve users’ needs. Classic examples include Google search and Amazon product recommendations, both of which improve as more users engage. But the opportunity extends far beyond the tech giants: companies of a range of sizes and across sectors are investing in their own data-powered products. Data products are a team sport. Develop the data-savvy of product and business groups.

Agile Development’s Biggest Failure Point—and How to Fix It

BCG

Agile development has gone mainstream, but the software development methodology that helped hundreds of Silicon Valley startups explode onto the scene has delivered decidedly mixed results for more traditional organizations. Article Wednesday, August 17, 2016.

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How financial products can attract infrastructure capital from institutional investors

McKinsey

By mitigating key risks of investing in major infrastructure projects in emerging markets, banks, governments, and international financial institutions can close the funding gap in developing Asia.

Passion Versus Profession – Are Management Consulting and Music Production Really That Different?

Tom Spencer

It is also important to involve multiple people in the production process – most songs you hear on the radio have different people responsible for composition, performance, mixing, and mastering, which helps to spot mistakes and prevent what I call “creative bubbles” – when you get so used to thinking about a certain concept that you stop being open to other ideas. Management Consulting client-specific issues creative bubbles industry recipes music production perspective

Productivity Tips for People Who Hate Productivity Tips

Harvard Business

” “I know what I should do to be more productive, but I just don’t do it.” Many have read articles and books — and have even been trained in productivity methods — but still find staying focused to be an uphill battle. Assuming that others’ preferred productivity strategies should work for you can yield frustration and a sense of defeat. If I have time, I’ll develop it into a more extensive outline (more progress).

Using Experiments to Launch New Products

Harvard Business

One simple and often overlooked way for larger companies to experiment is to randomize the introduction of new products across a set of markets. And Uber is not alone among these companies in turning to market-level experiments to test new products and innovations.

Become a More Productive Learner

Harvard Business

On the corporate side, working professionals apply only about 15% of what they learn in many corporate training and development programs in many cases. In short, we have become less productive learners. Here are four ways to become a more productive learner. To make this concrete, after reading this article, you could start building a framework of how to become a more productive learner. Bhandharangsri/Getty Images.

Going Old School: A Proven Method to Improve Your Sales Productivity

David A Fields

There’s a choice consultants make every day, and I am convinced that consultants who choose correctly will experience huge gains in their productivity and business-development efforts. Let’s go old school.

History of Organization Development (Part 6 of 6) ? ?Can People.

Consulting and Organizational Management

Share » Connect » Blog: Consulting and Organizational Development. History of Organization Development (Part 6 of 6) – “Can People Really Change? Meanwhile other individuals and groups in the plant doing the same work had no appreciable increase in productivity.

Agile with a capital ‘A’: A guide to the principles and pitfalls of agile development

McKinsey

Understanding the true principles of agile can give companies the ability to work quickly, boosting efficiency and product success, and, ultimately, creating real, lasting value. Our Insights

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Don't Sell Products, Sell Solutions

Strategy+Business

To win in emerging markets, defense and security contractors need to move beyond equipment sales and help their clients develop broader capabilities