Kahn, K.B., Barczak, G., & Moss, R. (2006). Perspective: Establishing an NPD Best Practices Framework.Journal of Product Innovation Management, 23(2), 106-116.
Format: Peer-reviewed article
Type: Research — Non-experimental
Experience level of reader: Fundamental
Annotation: The purpose of this article was to propose a best practices framework which companies can use to benchmark their new product development projects against. Six dimensions, strategy, portfolio management, process, market research, people and metrics and performance evaluation are considered important topics to consider when wanting to improve NPD outcomes. The framework describes 4 different levels for each dimension. Rejoinders to this paper are published in the same issue of the journal.
Setting(s) to which the reported activities/findings are relevant: Large business, Small business (less than 500 employees)
Knowledge user(s) to whom the piece of literature may be relevant: Manufacturers, Researchers
This article uses the Commercial Devices and Services version of the NtK Model
Method: Six general themes for NPD best practice are described: (1) Instill a strategic, long-term orientation toward NPD. (2) Have a formal portfolio management process. (3) Implement a formal NPD process supported by a discipline to adhere to this process. (4) Conduct market research proactively. (5) Use cross-functional teams. (6) Utilize standardized criteria and metrics.
Generated from published studies on benchmarking data.
Occurrence of finding within the model: Step 4.1, Step 4.11, Step 4.6, Step 6.3, Step 6.1, Step 5.3