Conducting product development in formalized stages provides direction, minimizes waste and increases the chances that the product will be well-received by the market. We endorse an approach that ...

A systematic approach that views the clinical research department as an integral part of the development team can enhance the likelihood of success in the creation of new products. Nancy J. Stark Many ...

Ryan Gray is co-founder and CEO of SGW Designworks, a full-service product development and engineering firm featured in The Lean Startup. In all things worth pursuing, there exists the ever-present ...

Businesses around the globe are under pressure to shorten their product development cycles while reducing cost and maintaining quality. This is due to relentless competition, high customer ...

The term Design for Sustainability (DfS) is used to indicate considerations for sustainability are included in the design of a product. It is commonly related to environmental sustainability, but can ...

A product development strategy provides a framework for creating new products or improving the performance, cost or quality of existing products. The strategy helps a company achieve business goals, ...

FMEA has several variants that allow for minimizing risk throughout product development. Design FMEA is a handy means of ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Imagine you're building an unmanned aerial vehicle (UAV), a cutting-edge electric vehicle or ...

Many companies still operate like “feature factories” today, where the core mission of the product organization is to “ship” a release every 18 months or so. No company should stay in this phase for ...