The full text of this article
Information system flow models for new product development processes: speed and flexibility vs. focus and control
by Michail Kagioglou, John M. Sharp, Zahir Irani
International Journal of Information Technology and Management (IJITM), Vol. 1, No. 2/3, 2002
Abstract: In a dynamic economy, developing and introducing new products is essential for a company's survival. The successful management of new products has become a necessity and a way of life for those companies that strive towards sustained growth and they compete in a global market environment. In the past, a number of studies have illustrated the importance of the type of new product development (NPD) processes that companies choose to adopt, based on their industry characteristics and customers' diverse and continuously changing requirements. Furthermore, the critical success factors of those processes have been examined by a number of national and international studies. Although many NPD processes have proven to be successful for a number of companies/industries, there are still many factors that need to be considered and addressed so that continuous sustained improvements can be maintained. This paper provides a critical review of the contemporary NPD processes and aims to identify those factors that will accommodate continuously changing business environments. Furthermore, a generic NPD process, that could potentially facilitate future product development requirements, is presented. The model aims to provide a framework for managing NPD activities whilst maintaining a degree of flexibility that will allow individual companies to adopt it and adapt it to their specific operations and according to the nature of their industry. The paper concludes that almost irrespective of the type of NPD that companies chose to adopt, it will have to be based on the utilisation of cross-functional teams based on sound management structures.
Online publication date: Tue, 01-Jul-2003
is only available to individual subscribers or to users at subscribing institutions.
Go to Inderscience Online Journals to access the Full Text of this article.
Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.
Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Information Technology and Management (IJITM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable).
See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org