Title: Towards a benefit measurement-based analysis method of product development process capabilities: an exploratory study
Authors: Ari J. Maunuksela
Addresses: Industrial Management, University of Vaasa, P.O.Box 700, Vaasa SF 65101, Finland
Abstract: This paper presents results from an explorative study where we developed an exploratory, empirically-based model of evolution of product development capabilities within a firm. Results achieved concretise the cumulative nature of development capability and its progress from non-financial performance towards financial measures. Methodological approach used in this analysis can be replicated and utilised in future studies. By following the systematic analysis approach for benefit measurement this kind of subjective performance evaluation can be used as a method for NPD process improvement.
Keywords: product development process; performance improvement; statistical cluster analysis; process capabilities; benefit measurement; performance measures; financial measures; new product development; NPD; best practice; success factors.
International Journal of Innovation and Learning, 2006 Vol.3 No.2, pp.127 - 143
Published online: 19 Dec 2005 *Full-text access for editors Access for subscribers Purchase this article Comment on this article