Free Library Catagory: Product Lifecycle Management

How to Manage Product-Line Performance: Part II

“Don’t expect what you don’t inspect.” It’s human nature to put something off until someone asks for it. That “ask” creates a deadline for results and signals that someone is interested and watching. The same principle applies to managing product-line...

How to Manage Product-Line Performance: Part I

In his 1962 book, The Success System That Never Fails, W. Clement Stone wrote, “Don’t expect what you don’t inspect.” It’s still true today.  It’s human nature to put something off until someone asks for it. That “ask” creates a deadline for results and signals...

What is Product Management?

Of the items listed below, which do you think is the best indicator of a successful capital equipment company? The best sales teamThe best manufacturing capabilityThe best customer serviceThe best product Without a doubt, it’s the last one. Great sales, manufacturing,...

When to Kill Your Product Development Program

Have you experienced any of these with your newest product? The release is perpetually “next month.” Your target accounts aren’t interested. You keep losing to the competition. You’re barely breaking even on each sale. Capital equipment product development programs...

Help! Management Hates Phase Gate

It seems that it was just yesterday that the pressure was on to get product development under control. New product introductions were often late and the quality was inconsistent. "We need a cross-functional phase gate process for defining and developing new products!”...

Phase Gate: How to Saddle a Running Horse

Putting a saddle on a running horse seems crazy. But more often than not, that's exactly what you must attempt when implementing a formal phase gate product development process. Think about it. A capital equipment company will typically decide to get formal about...