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Creating Innovative Products and Services

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Really new products and services are scarce, yet the need for them is huge. That's why Innovation is an important managerial instrument - but many of us struggle with how to approach it. Gijs van Wulfen's Creating Innovative Products and Services is an essential read for anyone involved in new product or service design, brand development, new business development or organizational development because it 'unfuzzies' the front end of innovation with practical tools, effective checklists and an inspiring innovation route map. Gijs van Wulfen explains how to: ¢ Build a committed ideation team, compile a concrete innovation assignment and identify opportunities; ¢ Explore trends, technology and potential customers, then choose the most positive opportunities and customer insights to transfer to the next step - raise ideas; ¢ Develop twelve new promising innovative product or service concepts; ¢ Check the concepts in qualitative research among potential clients and improve them; ¢ Work the best into a tangible mini business case per product idea, and present them for decision making and adoption in the regular stage gate development process. The effective 5-step FORTH method presented in this book, will jump start your product and service innovations. The success of this practical approach is highlighted in a case study of one of the largest insurance companies in The Netherlands: Univé VGZ IZA Trias and is suitable for both business-to-consumer and business-to-business markets. Creating Innovative Products and Services has been written for directors, managers, advisors and innovation specialists in organisations who are responsible for, or involved in, product innovation. In it you will find practical guidance through every stage.


Creating Innovative Products and Services: The FORTH Innovation Method Hardcover | Gijs van Wulfen | Routledge

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Table of Contents

Chapter 1: Introduction: Purpose

Chapter 2: Theoretical Framework

Previous research, Supply Chain Management , Innovation management, Innovation management models, Innovation strategies, Innovation performance measurement, Supply chain performance measurement, Idea management, Theoretical Framework Summary

Chapter 3: Methodology

Data collection, Interviews, Documents, Analysis of data, Quality of the study

Chapter 4: Findings

Innovation & Supply Chain Strategies, Innovation management, Supply Chain Management & Innovation, Collaboration

Chapter 5: The proposed model

Idea Management process, Supply Chain & Innovation strategy, Measurement

LINK FOR THE BOOK:

https://www.amazon.in/Creating-Innovative-Products-Services-Innovation-ebook/dp/B0091QCFB6

 

 

Written by Venkadesh Narayanan

Venkadesh is a Mechanical Engineer and an MBA with 30 years of experience in the domains of supply chain management, business analysis, new product development, business plan and standard operating procedures. He is currently working as Principal Consultant at Fhyzics Business Consultants. He is also serving as President, PDMA-India (an Indian affiliate of PDMA, USA) and Recognised Instructor of APICS, USA and CIPS, UK. He is a former member of Indian Civil Services (IRAS). Fhyzics offers consulting, certification, and executive development programs in the domains of supply chain management, business analysis and new product development.

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