“… The dominant paradigm for managing product development is fundamentally wrong. Not just a little wrong, but wrong to its very core. It is as wrong as we were in manufacturing before the Japanese unlocked the secret of lean manufacturing.” —Don Reinertsen
Have your efforts to improve your product development cycle times gone stale? Or worse, are your project times increasing? It’s time to examine a different paradigm for managing product development. Applying this paradigm to your portfolio decisions will launch you into a new generation of lean leadership. You will join the elite lean leaders who leverage the right tools in their NPD management toolbox to increase speed to market.
The desire for shorter cycle times drives product development & engineering project decisions. However, most companies (as many as 98%) DO NOT know the cost of one month of delay in their project schedule. Even fewer make decisions with economic frameworks. We’ll demonstrate how cost of delay and economic frameworks can produce better project and project portfolio decisions.
Armed with the cost of delay and an economic framework, workshop participants will go on to explore the dominant element in the economics of product development flow: queues. We’ll explore how to identify and manage queues in the R&D environment using capacity utilization and our weapon of choice: batch size.
If your customers demand high quality, reliability, and functional performance from innovative/differentiated products, then register for this workshop. If you want to vault past your competition and enter the next generation of lean leadership, then register for the LPDP (Lean Product Development Professional) certificate exam.
The broken NPD priorities system; the ‘lost month cost’, urgency vs value decisions, five NPD variables trade off, pipeline crowding, project first, cost of delay calculation, life cycle profit, pipeline capacity metrics, the physics of queues, batch size.
Steve Zielinski has extensive experience in product design, development and program management engineering. Steve is a Sr. Systems Engineering Manager Boston Scientific in Arden Hills, MN.
Steve holds a Master of Software Design and Development degree from the University of St. Thomas. He earned the Bachelor of Electrical Engineering degree from the University of Minnesota. Steve is a Certified Systems Engineering Professional (CSEP), and a Project Management Professional (PMP).
Who should attend:
Engineering operations managers, product design engineers, R&D engineers/scientists, product marketing managers, NPD project team leaders, continuous improvement excellence managers and product service support leaders.