The Innovolation™ Framework
The Innovolation™ Framework is an agile Research and Development outsourced innovation methodology designed to help SMEs to leverage market gaps in their current product or service offering.
The process is an overall packaged innovation management offering, and you may wish to carry out some steps yourselves.
- The end user is satisfied
- Change is welcomed
- Short-term milestones
- Collaboration is King
Keep it Simple but not Stupid
- Defined Roles and Responsibilities
- Attention and Reflection
The future of your company is dependent upon it staying relevant.
Today, that means that new, innovative products must keep pace with the marketplace.
Product development lifecycles are getting forever shorter to keep up with consumer needs. It sounds daunting! But a short lifecycle can optimise your company’s strengths by tightening processes and cutting out extra steps.
The following guide is a comprehensive lesson on product development for both new products and those undergoing a revamp.
We explain what new product development is, as well as the history and pioneers of product development.
Next, we delve into all the different process models. We’ll include lifecycles and discuss best practices for developing your own processes along with some tips from our experts.