Product Development

Rapid PAL(Product development Assembly Line)
> 50% Reduction in Time to Market 2 to 10X Innovation Improvements

Key Benefits Who Should Participate
Establish industry leadership that forces current/future competitors to play “catch up”
Reduce time to market and time to profit by > 50%
Develop the entire family of global products in half the time it takes one product
Develop products that can sell 2 to 5 times their cost
Strategically plan and develop a platform and an entire family of global products for the next 5 years
Develop multiple products with a single effort: Assembly Line of Development
Launch initial products that leap-frog the competition; Continue to increase the lead with subsequent releases
Reduce number of products by over 50%, while significantly increasing revenue
Replace products developed over 10 to 50 years at a cost of $100’s millions with a single development at a fraction of the cost and time
Create accurate, market-driven priorities which has ownership of all functions
Reduce the number of parts, product cost and assembly costs by 50 to 80%; Improve reliability and serviceability 2 to 5 times
Executive Leadership
Core and Product Development teams
Key Themes
Out-of-the-box thinking
Assembly line of product development
Simultaneous value, cost, & speed improvement
Continuous Breakthrough innovations
Hands-on implementation to ensure big results fast

Offerings
Product Development (Rapid PAL )
IGC Profit Gates (beyond Stage Gates/Toll Gates)
Platform development
Breakthrough concepts and designs
Product roadmap
SMR (simple, manufacturable, robust) Design

 

Methodology

IGC's Product Development Process is like an Assembly Line which results in multiple products with a single development effort. The process delivers simultaneous and significant improvement of Customer Value, Total Business Cost, and Speed - IGC's Three Essential Legs of the Stool SM. Emphasis on upstream planning and conceptual design results in minimal downstream cost and drives future revenue/profit streams.