EM-770 MSOE Use this category for anything related to Knowledge-centric NPD.
Thanks Naif
These two videos have Pranav Mistry explaining how the Sixth Sense Came to be at TED India.
What do you think?
From Fast Company
Check out the graphs and trends.
From the article “Interestingly, it wasn’t Apple that Garland viewed as the most important name in music, even though the company’s iPods, iPhones, and iTunes indicate otherwise. “YouTube is increasingly the category killer,” argued Garland. “When people ask me what is the biggest name in music in my opinion, they want me to say Apple. I usually answer: YouTube.”
The music business is shifting. It is setting the stage for our business models in “everything” to change. Products? Services? Can you have a product without a service, or, for that matter, a service that does not somehow connect to the web? There are lessons to learn in marketing, product development, strategy, information technology, and just about everything community and commercial.
From the article ” Pandora now represents 1.7% of all radio listening–really a shocking figure to think about.”. Wow, FREE service, possibly paid service overtaking the ad space? Lessons to be learned here?
Choice rules. Custom selection of music is killing “album” sales. From the article, ”The music business historically has been built around albums,” explained Silverman. “This album-centrism is like saying the sun revolves around the Earth. We don’t listen to albums now; we listen to collections of songs.”
What are the Lessons to be learned from this article?
From Harvard Business Review Blog
Do your Knowledge Workers have a Bitsmith?
This post presents a wonderful concept that points out the need for specialized tools for the knowledge era. That of a “Bitsmith”. Bitsmiths, according to the post ” are people who have deep knowledge of both the work content and the tools used to support the work. In other words, they are almost as expert in derivatives or computer design as they are in computer-programming languages. Because they understand both the domain and the tools, bitsmiths can take an idea from concept to implementation quickly .”
The article makes the case that high performance teams need to have a “bitsmith” just as many towns in the “old west” had blacksmiths to create the tolls they needed.
What do you think of this concept?
From Managing Automation Blog — Chris Chiappinelli
This blog post plus video sums up the business challenges and requirements of the design-build (Continuous Product Development) business for industrial automation well. http://www.enhancedautomation.com
A focus on the customer requires a focus on quality, cost, specification and reality; often many of these concepts clash.
Are there other challenges?
From PDMA Visions
This study, once again points out how poorly we manage our NPD Projects. We do not seem to think of the collection of projects as a portfolio and do not manage them as such. If we are to achieve our strategic goals for NPD as well as our objectives for each of the projects we have in process, we need to manage them as a portfolio.
Too many projects and poor decision making is at the root cause of poor success rates for both strategic and tactics objectives.
This research connects to a previous post regarding an article by Robert Cooper Cooper Article
What do you think? Am I overly concerned?
Thanks Peter for the article suggestion
From Detroit News
FORD Product Idea Website Article
From the website “Ford Motor Co. is creating a “idea portal” on its Web site, to give consumers the opportunity to suggest new features, allow others to critique them and vote for which ones should be considered by Ford’s product development team.”
Seems like a great idea.
Article on FORD Site About Idea Gathering
What do you think? Should they allow ALL comments to be seen by everyone?
From The Detroit News: http://www.detnews.com/article/20100413/AUTO01/4130330/1148/Ford-to-harvest-product-ideas-from-Web#ixzz0m9T8mjH4
This article is from Marketing Management — You may need to be a Member of AMA to Access all content
Effective Gating by Robert G. Cooper
This article is a great reminder that we have TOO many projects in our product development pipeline.
We have ineffective gates (and NPD Processes) that do not KILL bad projects.
We do not have effective (NPD) portfolio management systems and governance processes.
We have TOO many small, incremental projects to be an effective (NPD) profit growth engine.
What do you think?
From KM Edge
Referred by Evelyn of MSOE Rader School of Business MG-750
KM Edge (blog) from APQC presents a wonderful PPT which looks at three Ba Based Knowledge Management approaches in Japanese Companies. As we study Knowledge Management, we learn more of the concept of Ba. This presentation gives us some insight into the power of Ba.
Ba Based Knowledge Management Approaches
Comments?
Thank you Wendy and Mike.
From The Today Show
Esquire Magazine Augmented Reality Video
What do you think?
Thanks Shawn.
From Wired
API explained with examples.
Geeks to Music Industry: APIs Can Set You Free
From the article ” Behind every mashup of two or more online services, there’s an API. That’s short for application programming interface, a set of commands that lets programmers write new code that controls an existing piece of software. Many APIs are proprietary, but the net is full of open APIs that let anyone, say, play a YouTube video on their own web page or overlay bike routes on a Google map”
When will you suggest that your company build an API?
From Strategy and Business
Profits Down, Spending Steady: The Global Innovation 1000
“Booz & Company’s annual study of the world’s biggest corporate R&D spenders finds that most companies have stuck with their innovation programs despite the recession — and many are boosting spending to compete more effectively in the upturn.”
My take: Innovation should ALWAYS be a priority. R&D for New Products, a priority.
What do you think?
From Wired Magazine
Chris Anderson “The Future of Free”
This article and and 37 minute video gets you thinking about disruption and the future of free. Is everything that is digital eventually free?
Is “free” a marketing tool or something else?
From Wired Magazine
Craig’s List?
Twitter?
Kindle?
Should we be designing products that are “good enough” (good enuf) but not great? Is there a “good enuf rvlutn” going on?
Thank you Sanghomitra
From YouTube
Check out this video of a Portable Ultrasound
What do you think of that? Cool, eh?
Thanks Mick.
From MSNBC Send in the drones
So, what do you think, would you be ok with being seen by a “robot” as described in this article? Will this disrupt our healthcare system?
From Talent Management Magazine…..
Virtual Teams: Narrowing the Performance Gap
This article talks about how virtual teams are becoming more common, however, there are problems with cohesion, collaboration and focus. The article offers some suggestions to deal with these problems.
The article describes the “work revolution” as:
“From local workplace to global work webs: People used to travel to a workplace, but increasingly the work is traveling to them, wherever they are. Freedom from “place” also means we are collaborating more often with customers, partners and colleagues in transitory virtual teams that cross multiple geographic, cultural and organizational boundaries.
From physical presence to technological presence: Being fully present and connecting with others is important on any team, but it becomes more challenging in virtual environments, where isolation and alienation are common.
From command and control to collaborate and control: Managers leading distributed workgroups understand that command-and-control micromanagement is dysfunctional in a virtual environment. To paraphrase a Pentagon saying: It’s pretty hard to turn a screw with an 8,000-mile-long screwdriver.
From information value to connection value: The right information at the right time still has power, but information is everywhere and easily accessible. Connections are becoming the new currency — not simply the number, but the access many give to new knowledge, influence, skills and resources.
From fixed structures to fluid structures: New technologies enable agile working and teaming. Virtual project teams can be formed and dissolved quickly to promote speed, responsiveness and innovation. The best global talent for a job can be mobilized and leveraged to solve customer problems or create new sources of value.”
What do you think of the Six C’s? Cooperation, Convergence, Coordination, Capability, Communication, and Cultural Intelligence.
Are you using virtual teams? Do you see these trends and problems?
From the Harvard Business School Blog…..
How will Augmented Reality affect Your Business
Check out the five “things”. Personally, of these, the “nature of location” will have the most profound impact.
What do you think?
Thanks for the link Hugh.
And, my favorite link Jobs’ Greatest Hits — A Timeline
So, is he the CEO of the decade? Is he one of the most innovative manager/leaders ever?
What do you think?
Now that I have your attention, Hugh shared this video.
Or, you can pull the plug or switch off the Power Strip.
Are you helping save the planet and your hard earned $?
