Khazanet, V.L. (1997). Improving the Product Development Process. Industrial Management, 39(2), 16.

Format: Peer-reviewed article

Type: Experience

Experience level of reader: Fundamental

Annotation: Proper planning and balancing of the NPD process are increasingly important to product success, and avoiding financial problems and prolonged time frames.

Setting(s) to which the reported activities/findings are relevant: Government, Large business

Knowledge user(s) to whom the piece of literature may be relevant: Manufacturers

Knowledge user level addressed by the literature: Organization

This article uses the Commercial Devices and Services version of the NtK Model

Method: Early and comprehensive planning is essential to downstream success, including: A clear outcome from each stage, relationships and risks between stages; secured financing and realistic time frames for each stage; effective process monitoring instruments; arrangements between participating teams; diverse linguistic, organizational and professional affiliations within each team.
Experience in industrial management.
Occurrence of finding within the model: Stage 2