Kessler, E.H., & Chakrabarti, A.K. (1999). Speeding Up the Pace of New Product Development. Journal of Product Innovation Management, 16, 231-247.
Format: Peer-reviewed article
Type: Research — Non-experimental
Experience level of reader: Fundamental
Annotation: A survey of 75 new product development projects from ten firms revealed factors that impact new product development speed. The resulting analysis identified a core set of factors, as well as differences between factors that can accelerate project speed, as well as factors specific to both radical and incremental innovations.
Setting(s) to which the reported activities/findings are relevant: Large business, Small business (less than 500 employees), University
Knowledge user(s) to whom the piece of literature may be relevant: Manufacturers, Researchers
Knowledge user level addressed by the literature: Organization
This article uses the Commercial Devices and Services version of the NtK Model
Method: To increase a new product development project's speed, set clearer schedules and time goals, assign team members who have been with the organization longer, and overlap stages to execute projects in parallel.
Survey of 75 new product development projects.
Occurrence of finding within the model: Tip 1.3