A standard product development process can look very complex, from numerous stage gates, approval meetings, sign offs, consumer research, R&D, engineering, testing, manufacture and the list goes on. It is long, arduous and often painful - and full of long processes, report writing and wasteful meetings. The challenge comes when we look to accelerate this process, ensuring we are still following a robust process and not skipping any corners.
Some of the biggest causes for delayed Product Development that I have seen and experienced are:
So how do you overcome these causes for delay?
We have developed a process that has saved our clients between 6 and 12 months on their usual product development timelines. In addion to gaining accelerated speed to market, earlier profit than forecast and additional business growth, our process also achieves cross-functional team alignment, pre-launch confidence and momentum.
Nicole Short
Product Development + Marketing Consultant
Chat with us about how Rapid Profit Development could help your business grow fast. Book in your free 30 minute consultation with us today.
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