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New Product Development: Team

Lassen Scientific

Cross-Functional
Team Components

Cross-Functional

On paper, the formula is simple: Choose the right team to develop a new product and give it all the right resources. But knowing what comprises the right team is the real challenge, according to TEC new product development expert Nick Webb.

"The key is ensuring that all functions within the organization are well-represented," he says. This includes:

Engineering
Operations
Manufacturing
Sales
Marketing
Finance
Customer Service

"In many cases, a company assigns engineers with the responsibility to develop new products and they work in isolation," says fellow TEC expert Mitch Goozé. "This leaves them at a disadvantage, since the majority of engineers have little interaction with customers."

In addition to the cross-functional team, successful companies (a) include customers, suppliers and distributors on the team or (b) solicit their input during the earliest stages of the process. (See "The Voice of the Customer" in Additional Resources at right.)

The cross-functional team is dedicated to the project, accountable for it from idea to launch and aided by a powerful "product champion" (sometimes the CEO, more often a senior executive).

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Additional Resources

Below are links to more best practices as defined by our expert panel:

New Product Development: An Overview
Where Do New Ideas Come From?
The Voice of the Customer
New Product Strategy
New Product Development Process
New Product Launch
The CEO and New Product Development
The New Product Development Team
New Product Development Mistakes

 

More Testimonials

Lassen Innovation's CEO Nicholas J. Webb was engaged by our firm to help us with our product line strategy, as a direct result of his contributions we significantly reduced product cost, gained captive control over our quality and manufacturing and as a result significantly increased our company's sales and market share. Additionally Nicholas invented our market-leading product the "Flex Plug". What started out as a six-month engagement turned into a decade-long relationship that was directly responsible for driving our growth."
Curtis Freeman
President and CEO
Eagle Vision
Retired

"Lassen took our product concept from a vague idea to a product that will compete favorably with a highly entrenched competitor in a 100 million dollar market. The bottom line is they significantly exceeded our expectations."
Victor Kasatshko, CEO
LoungAir International, LLC

All rights reserved, Copyright 1995-2008, Lassen Innovation is a wholly owned subsidiary of Lassen Scientific, Inc.