Innovation & Disruptive Business Models and Products | New Product Development | Market Preparation and Branding | Horizons of Growth and innovation modes |
---|---|---|---|
True or False: Innovation is the same as invention?
False: Innovation is not the same as invention.
|
The first stage of the NPD development involves changing combinations, brainstorming, and customer requests.
Idea generation
|
After developing a new product, a company will 'warm up' the market place. What is this called?
Market preparation
|
what is the Important element to consider in managing product innovation and development of products?
The businesses stage of development.
|
What is disruptive technology?
Technology that fundamentally shifts the production paradigm and often how a product or service is used.
|
What part of the process of NPD involves sales forecasting, market tests, and break-even analysis?
Development and test marketing
|
a product may have its own brand, an endorsed brand, or a sub brand
and innovative product
|
What stage of development represents a mature company with strong cash flows H3, H2, or H1?
H1
|
What is additions to existing lines?
New product in the same category
|
What is business analysis screening?
identifying positioning and attempting to predict market behavior
|
What are two strategic options for product rollovers?
Solo-product roll, and dual-product roll
|
The judo strategies three tactics include?
Movement, Define competitive space, and Follow Through Fast
|
What percent of innovations does New-To-The-World make up?
10%
|
represents the interest of both the consumers and the company
Systematic inventive thinking
|
Roger identifies five adopter types. What are they?
Innovators, Early adopters,Early majority, Late majority, and Laggards
|
Which Innovation Mode has High Innovation and High market orientation
Interaction Mode
|
Additions to existing lines and improvements/ revisions take up what percent of innovations?
26%
|
What are the five innovation patterns to manipulate and develop new product ideas?
Subtraction, Multiplication, Division, Task unification, Attribute dependency change
|
The perspectives of Moore and Rogers': Identify what their views are oriented towards.
Moore: B2B view
Roger: B2C view |
what tactic in movement is to keep a low profile until strong enough to fight.
puppy dog play
|