The previous posts have focussed in turn on the three key factors influencing NPD productivity (People, Project and Portfolio). However substantial improvements to the overall performance of NPD activities can be achieved by examining the interface between all the associated elements of the three factors – for example.
- Resource availability influencing project prioritisation
- Engineer motivation being increased by communicating the reasoning behind portfolio management decisions
- Having a real time exchange of resource planning and project planning throughout the life of the project to adapt to changes in project schedule or priorities
- Effective communication of the results of project reviews to ensure engineers are not ‘left in the dark’
- Identifying the dependence of sales forecasts on launch date to ensure project planning and control are meeting business needs
- Feeding back project review results to drive portfolio management activities and adjusting priorities of all projects accordingly
The list is almost endless and the key is a dynamic exchange of information. How can that be achieved?
I’ve raised the subject of Enterprise Wikis before and there is an increase in the number of real time collaborative tools (like SamePage, BaseCamp and MS SharePoint). Some even suggest that a complex extension of highly integrated ERP or PLM tools are the answer. I feel that understanding the need for such exchange of information is as important as the choice of tool.