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New Product Development must be driven by Customer Needs, not by technical advances.
Take more frequent breaks when working on a task, it tends to help your productivity.
Process management can revolutionize your product/service development. It need not hurt creativity.
Adopt the rule of not starting any projects, especially new product projects, until enough people are available.
You do not need to globalize all at once. Implement your global vision over time.
Are we in a “Creative Economy”? Are ideas still more important than capital?
History repeats itself because no one listens the first time --Anonymous.
Each day, tell a different person what you can do for them, and your business will grow.
The best way to manage your time is to create a to-do list and prioritize!
Give yourself a “mini-vacation” from time to time. It rejuvenates.
Work on a problem before going to sleep. Often you will awake with the solution.
Over 85% of New Products fail, perhaps due to a lack of understanding of the customer needs.
When thinking through a problem, put yourself in a new set of shoes (Napoleon’s, Mickey Mouse’s). How would they solve the problem?
Learn Mind Mapping for idea generation. Use colors.
To increase your creativeness, do something new and different each week.
To organize your office, concentrate on how easy it will be to find, rather than where it should be stored.
To cope with the current economy, implement a cost cutting plan now.
New Product Development must be driven by Customer Needs, not by technical advances.
Build a thrifty approach into everything you do.
Have everyone (employees, customers, friends) contribute one new idea to improve each month.
Develop a new product or service that solves a problem. Your business will grow.
Training today must emphasize creativity and involvement to create the environment conducive to learning.
There is a lot of interest in technically provided training, yet most training today is instructor lead. Why?
Companies usually need to generate 10 ideas or so to end up with one successful product
Research by ITAC says that companies using telework programs experience significant increases in Productivity.
Competition is shifting to Networks. Make sure you integrate innovation into your supply chain process.
What trends can you benefit from? Develop a product that captures the trends.
Improve an existing process. Your bottom line will improve.
Form partnerships to share referrals, and also costs.
Learn to develop alternative solutions to problems.
Formally review projects at their completion. Learn from the successes as well as failures.
Ask your customers what needs to be improved and then DO IT!
Take some time at the end of the day and do your next day’s schedule. You will save time.
What are your top five things to-do? Schedule a day for each one and DO them.
Admit your mistakes quickly and then move on.
To make sure your projects get attention, tie them to the goals of the organization.
Products should be designed so that when service is necessary, it can be done easily.
New Product Development must be driven by Customer Needs, not by technical advances
Form a group of advisors; advocates who will listen to you and help you connect with others.
One of the best ways to recognize someone is to give them a very important project.
Encourage others to share information with those who report directly to them.
One of the best ways to retain employees is to treat them as you treat your customers.
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