Learn & Adapt: ExPD an Adaptive Product Development Process for Rapid Innovation and Risk Reduction

Learn and Adapt provides the reader with an adaptable strategy-to-launch product development approach that responds quickly to changes in uncertain, fast-changing, and increasingly complex environments. This user guide examines the constraints imposed by a traditional phased-and-gated product development process. ExPD differs from the phased-and-gated process in its fundamental redesign of the development process to reduce uncertainties and risks and adapt to individual project needs.ExPD accelerates the product development process in multiple ways, including removing bureaucracy, batches of work, rework, and focusing on the most critical product priorities. Within the ExPD process, we provide an overview of its three major segments: (1) Strategy, (2) Ideas & Selection, and (3) Explore & Create. (1) Strategy establishes a guide for the enterprise to follow by defining how product categories, technological capabilities, and other assets evolve. To facilitate strategy integration into the process, we developed a framework called the s2m Strategic Framework?. It is an instrumental part of the ExPD process, and it manages change, uncertainty, and adaptation.(2) The Ideas & Selection segment aims to generate, collect, and select the best product ideas. This segment provides a structure for ensuring the organization maintains a steady supply of new product ideas. Ideas continuously and systematically generated from various sources provide fuel for organic growth.(3) Within the Explore & Create segment, a cross-functional team identifies, evaluates, and prioritizes the most impactful uncertainties. The project team then resolves these impactful uncertainties through experimentation and research while delivering a market-ready product. We close this user guide by discussing an essential component of ExPD, people.

• | Author: Mary Drotar, Kathy Morrissey
• | Publisher: Strategy 2 Market, Inc.
• | Publication Date: Sep 08, 2022
• | Number of Pages: 316 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1732749221
• | ISBN-13: 9781732749221