While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Product development brings with it many misconceptions about what the process is truly like and how to ensure you're getting the most out of those you've hired to help. Be it product design, ...

A product development strategy provides a framework for creating new products or improving the performance, cost or quality of existing products. The strategy helps a company achieve business goals, ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Kevin Bailey Artificial ...

The sudden emergence of ChatGPT in 2022 kicked off a race to create new products powered by generative artificial intelligence (AI). Now, companies in all industries are trying to build the ability to ...

The product and process approaches originally appeared in education as different strategies for approaching writing in the classroom. Since their introduction, business people have retrofitted these ...

Outsourcing your product development requires various considerations, including requirement analysis, selecting the suitable cooperation model, hiring an agency or freelancer and avoiding a few ...

When pharmaceutical companies develop a novel drug for the market, several steps are required to assess and regulate its safety, effectiveness, manufacturability, and reliability. These processes, and ...

Koombea Inc., a digital product development company, has filed for bankruptcy relief. The company from Naples, Florida, has ...