Factors of success for new product development - Deepstash
Factors of success for new product development

Factors of success for new product development

  • Top Management Support: Getting resources from top management to test innovative ideas
  • Market Orientation: Ability to conduct user and market research to bring them closer to the need of users
  • Technology: Suitable for the market selected
  • Knowledge management: Information sharing between teams helps bring down the knowledge silos
  • Development Strategies: Teams can negotiate and bring input to the roadmap
  • Development Speed: Being fast enough to provide value ahead of competitors
  • Development Process: Clear processes for design and development
  • Product Teams: Bringing different input for the product

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magdamihalache

User Researcher, passionate about behaviours and building the right products. I 'stash' about research, self-development and education.

Having a used product is more important than product market fit and usability

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