M1S3 Flashcards
This describes a new products team as they do everything a firm does – develop a budget, do financial analyses, assign tasks, and so on.
The “Company within a company”
$3 billion price tag on a new car platform is spread out over several models.
Car Industry
four platforms for Walkman launched 160 product variations
Sony
passenger, cargo, short- and long-haul planes
made from same platform.
Boeing
Liquid Ariel for European market, Liquid Tide for
North America, and Liquid Cheer for Japanese market.
P&G
uses a single electric motor for dozens of
consumer power tools.
Black and decker
Opportunity Identification: Emerging Societal Trends (6)
- “Just-in-time” life
- Sensing consumers
- The transparent self
- search for enoughness
- Virtual made real
- Co-creation
it is the new product team’s strategy
PIC
Mix of products reflect the PIC new products are “on strategy”
Strategic alignment
commercial value of products in pipeline is maximized.
Assessing portfolio value