New Product Development
Improve the performance of your product development projects and programs with best-practices, processes and tools specific to your company.
Enhance cross-functional communication and collaboration, add value for everyone involved in the NPD process. From executives to process owners and knowledge specialists.
Enjoy end to end management of new products, technology, processes and strategic initiatives. Get the best ideas to market, quickly, profitably, repeatedly.
Interactive Roadmap to NPD Excellence
- Reduce time to market
- Increase new product revenue
- Reduce project delivery over-runs
- Kill poor projects sooner
- Build market focus
- Prioritize effectively
- Align projects to strategy
- Manage value vs risk
- Best-in-class integrated capability
- Manage all resources effectively
- Plan supply vs demand
- Continual improvement
We are an established industry leader providing advanced solutions to support the New Product Development process. We have specialized in Portfolio Management and NPD for over 25 years. We live and breathe this field – it’s all we do. We have a global reputation earned by delivering highly advanced solutions to many of the best and largest corporations in the world.
GenSight Blueprint for NPD Processes
Methods & Tools
|Idea to Launch||Stage and gate, Multiple processes||A1||Level 5|
|Investment Model||Cost & sales forecast, project P&L||A1||Level 4|
|Portfolio Management||Value vs Risk, balance, prioritize||B||Level 4|
|Strategy||Themes, gap analysis, scenarios||C||Level 3|
|Resource Management||Supply vs demand, allocate & track||C||Level 3|
|Governance||Gatekeeping, control, workflow||A2||Level 4|
|Business Analytics||BI Reporting, charts, dashboards||B||Level 4|
|Project Management||Stages, deliverables, milestones||A2||Level 4|
|Ideas & Collaboration||Ideas capture, sharing, ranking||B||Level 4|
Top Tips to Improve NPD Performance
Objective Fact-Based decisions –Get objective facts and information from cross functional teams to contribute to the business case. Technical, commercial, financial, marketing, resource… and more. That’s quite a process to manage, and there is always scope to improve.
Engage Gatekeepers Fully – Assign the right gatekeepers (relevance, knowledge, motivation) and get them the right information at the right time. You need effective information collection, quality gate deliverables and governance, with just the right level of mandatory content.
NPD Capability Maturity – Phased Improvement
GenSight Innovation Management Framework™
GICIM™ Maturity Levels by Phase
GenSight is trusted by many of the world’s biggest and best innovators. Around 20 global product launches every day use GenSight.
We have a 25 year track record of success. Building the platform, delivering award winning solutions, supporting our clients.
- Cloud or On-Premise
- From 20 users to 5,000+
- Fully configurable, easy to use
- Flexible, rich user experience