Criteria for innovation
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Criteria for Innovation. PPA 730 -1. Balancing Constraints. What fundamental technical constraints are lifted? What new constraints emerge with the innovation? Is the innovation an improvement?. “Embodiment”. Is the product enhanced by the new innovation/technology?

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Presentation Transcript

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Balancing Constraints

  • What fundamental technical constraints are lifted?

  • What new constraints emerge with the innovation?

    • Is the innovation an improvement?


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“Embodiment”

  • Is the product enhanced by the new innovation/technology?

  • Is the innovation diluted or enhanced by the embodiment?

  • Does the embodiment offer opportunity for further enhancement?


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Profit Potential

  • Does the innovation displace or weaken existing business operations?

  • What new business processes are needed?

  • Advantages/disadvantages of new vs. existing business processes.


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Market Potential

  • Does the innovation/technology enhance the marketplace?

  • Does the innovation/technology reduce the cost of delivery to the market?

  • Is the market more sensitive to price or effectiveness?


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Design to Cost

  • determine performance requirements

  • determine price elasticity curve

  • unit cost objectives

  • cost versus time objectives


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Use when:

  • product attributes are known

  • when market is cost competitive

  • product obsolescence is likely


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Design to Performance

  • determine performance requirements

  • select design that meets or exceeds

  • determine cost of design

  • redesign as needed to improve performance or lower cost


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Use when:

  • performance criteria are the primary consideration

  • development expected to be technically difficult & lengthy

  • cost variables are known, but difficult to estimate with precision


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