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.

Your 2019 BVFLS Practice Development Marketing Plan

Rod Burkert

Are you looking for practice development ideas that can build and grow your BVFLS practice? That is why I created this turnkey practice development marketing plan ebook. It’s your practice development marketing plan for the next 12 months. Coaching news Practice development

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 ”).

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.

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.

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.

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.

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.

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.

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.

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

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 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.

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.

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

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).

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.

Your New Hit Product Might Be Underpriced

Harvard Business

The odds are stacked against new products or services. We have diagnosed thousands of product failures over the last 30 years, and have found recurring patterns. Often new products are over-engineered with too many features, usually at too high a price.

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.

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.

The Goldilocks Theory of Product Success

Harvard Business

If a competitor’s product offers the same features at the same price, there’s no reason to switch. So they used design, rather than the product itself, to create differentiation. Should products and service be designed to highlight their difference or their similarity?

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.

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.

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.

What Inclusive Urban Development Can Look Like

Harvard Business

metros that increased their productivity, average wages, and standard of living from 2010 to 2015, only 11 metros achieved inclusive economic outcomes. One of us is an urban theorist, the other a community-focused real estate developer. Located on the east side of the NoMa train tracks, Union Market began as a working food production and distribution center in the 1930s. Developers have two primary ways to help create new and better jobs.

Centralized Decision Making Helps Kill Bad Products

Harvard Business

Killing products isn’t easy. Engineers and managers toil for months, often years, to conceive, develop, and launch new products. So to see those products go down in flames (literally, as in the case of the Samsung Note 7), often creates a very difficult choice: try to improve the quality and support for products or terminate them. Centralized structures speed product termination because they aggregate information about the whole portfolio at the top.

Your Leadership Development Program Needs an Overhaul

Harvard Business

Most companies make big investments in leadership development, rolling out intensive internal programs for high potentials, sending key leaders off to expensive executive education programs, or hiring personal coaches for those moving into key positions at the top of the company. But in our experience, this traditional approach to leadership development doesn’t serve the needs of companies anymore. ” Develop: Let them improvise.

Leadership Development Should Focus on Experiments

Harvard Business

Leadership development represents a huge and growing investment for most organizations. In past years leadership development has always been treated as a discretionary expense or even a luxury, and therefore something that could be pared down or eliminated in hard economic times.

Tech-enabled disruption of products and services: The new battleground for industrial companies

McKinsey

Industrial companies are finding that technology is an important link in the value chain for innovation and product development. The transformation is challenging, but there are ways to getting it started. Digital Insights

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 Companies Can Champion Sustainable Development

Harvard Business

Given political climates around the world and a new wariness around international cooperation, the private sector could find itself in the hot seat: trying to pick up the slack on big issues from climate change to sustainable development. Like Unilever, there are companies in other industries forming a vanguard of early movers, merging their business goals with sustainable development. The inclusive innovators we studied have developed that integrated case and a narrative about it.

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

Using IoT Data to Understand How Your Products Perform

Harvard Business

Since 2011, General Electric has publicly stated it would spend more than $1 billion on developing sensors, wireless devices, and related software to install on its aircraft engines, power turbines, locomotive trains and other machinery. IT Product development Digital Article