Strategic Innovation Services to R&D, Product and Packaging Design
From FastCompany.com comes this article highlighting the idea of Innovation Debt. “Innovation debt is the cost that companies incur when they don’t invest in their developers,” Peter Bell writes in his personal blog. “It happens when the team is too busy putting out fires and finishing up features to keep up to date with advances [...]
Research conducted by Newlogic and Babson College into the best practices of project portfolio selection has been published by PDMA. Our research determined that leading innovation organization use 10 common portfolio decision criteria:
Newlogic recently presented at the “Structural Packaging Summit,” in Orlando, Florida. The event went from February 29th to March 1st and included many speakers that we have interviewed and written about in the past. We felt the event was a great success with thoughtful presentations and dynamic networking sessions.
Patent Reform approaches, actually, it is already here given that some of the provisions are already in place, and product development managers need to be thinking about its consequences. That’s why I chose to reach out to Brad Barbera, who is the Executive Director of the Product Development and Management Association, he has been in [...]
When was R&D First Outsourced? Outsourcing of R&D began on a small scale prior to the 1970s and 1980s. There are examples of R&D outsourcing dating back as far as the 1500’s with Italian Renaissance artist Michelangelo, who set up a network of specific suppliers to provide the materials and skills he needed to create [...]
There are many aspects of outsourcing innovation that companies and R&D leaders need to consider. After having looked at several reasons for outsourcing R&D projects, as well as a handful of risks of outsourcing, Newlogic now turns our attention to some of the issues outsourcing brings about that R&D need leaders. How to Make Selections [...]
R&D outsourcing is a business practice widely used by many companies across many industries across the world. A few days ago, we addressed seven reasons why a company might choose to outsource R&D. However, although outsourcing innovation can be hugely beneficial to all involved companies, the move to do so is not without its share [...]
In this week’s cosmetics and skin care industry post, the Newlogic portfolio team write about six factors to consider when developing your R&D cosmetics strategy. To research the post we reviewed our cosmetics posts over the last few months, and conducted ancillary research. 1. The Combination of Groundbreaking Formula and User-friendly Packaging In the cosmetics [...]
Stacy Leidwinger moderated this week’s #innochat on the topic of “Mapping innovation with the customer experience.” One question stood out for me, “4.How do you avoid innovating for a single customer & drive innovation for a market?” This question gets at the heart of good R&D strategy. If your company’s business strategy is to achieve [...]
This week’s #innochat demonstrated the importance of involving patrons in the process of R&D management, this week’s chat was on the topic of patrons, and Chris Zakrajsek asked the following questions: 1. How important is a Patron to an innovation program? 2. Assuming you have the necessary resources, is your Patron necessary? 3. How do [...]
