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New Product/Service Development (NPD)

Understanding the processes involved in New Product Development (NPD) require the need to study various NPD processes. It provides the platform to summarize a typical NPD process. DeveNova focuses on the following components:

1. Background where key ideas from a situation are analyzed.

2. Focus on a clear technology and market dimensions. The need to concentrate on core competencies and capitalize on technology and market sources.

3. Goals and objectives of the project which determines the accomplishment of the project and develops means of measuring the accomplishment or achievements.

4. Guidelines, which sets the strategic path/roadmap. Way in which factors such as cost, quality, and time are greatly dealt with, to develop a competitive new product.

 

DeveNova Consulting helps achieve the above components by:

  • Step-by-Step Coaching

  • Systematic Design Procedures

  • Creating Conceptual Designs

  • Strategy Creation

  • Mindset Change

  • Brainstorming and Ideation

  • R&D Management

 

 

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