course syllabus msetm 5110 new product development l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Course Syllabus MSETM 5110 – New Product Development PowerPoint Presentation
Download Presentation
Course Syllabus MSETM 5110 – New Product Development

Loading in 2 Seconds...

play fullscreen
1 / 20

Course Syllabus MSETM 5110 – New Product Development - PowerPoint PPT Presentation


  • 115 Views
  • Uploaded on

Course Syllabus MSETM 5110 – New Product Development. Instructor: Mr. C. Michael Carolina Office: ATRC 204 Telephone: 405-744-2446 Email: carolcm@okstate.edu Prerequisite : Graduate Standing or By Permission of Instructor Objective :

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Course Syllabus MSETM 5110 – New Product Development' - umed


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
course syllabus msetm 5110 new product development
Course SyllabusMSETM 5110 – New Product Development

Instructor: Mr. C. Michael Carolina

Office: ATRC 204

Telephone: 405-744-2446

Email: carolcm@okstate.edu

Prerequisite: Graduate Standing or By Permission of Instructor

Objective:

By focusing on the New Product Introduction (NPI) process and the role of the design/product/process engineer—from both a traditional and an emerging perspective—the student will gain a better appreciation and understanding of NPI as a business imperative and a necessary core competency of a successful organization.

course syllabus msetm 5110 new product development2
Course SyllabusMSETM 5110 – New Product Development

Scope

  • The elements of NPI--marketing, design, development, manufacturing, provisioning, and support
  • NPI as an integral part of business strategy and business planning
  • NPI as a vehicle to create competitive advantage for the organization and its customers
  • The environment for sustaining NPI consistency and realizing improvement project after project
  • The tools and metrics of new product development and introduction
  • The order realization infrastructure needed to get new products to customers in a manner that meets or exceeds their expectations, and that delivers the desired financial and overall business objectives
course syllabus msetm 5110 new product development3
Course SyllabusMSETM 5110 – New Product Development

Reference Materials

Steven C. Wheelwright and Kim B. Clark, “Revolutionizing Product Development: Quantum Leaps in Speed, Efficiency, and Quality.” The Free Press. ISBN - 0-02-905515-6.

Stefan Thomke and Eric von Hippel, “Customers as Innovators: A New Way to Create Value.” HBR, April 2002. Reprint Number R02004F.

Robert J. Dolan, “Managing the New Product Development Process.” HBR, August 1991. Product Number 592011.

course syllabus msetm 5110 new product development4
Course SyllabusMSETM 5110 – New Product Development

Summer 2002 Schedule

Week 1 (6/10): Introduction, Objectives, Class Profile, Technology Evolution, Current Engineering vs. New Product Engineering, and Review of Strategic and Business Planning Processes

Week II (6/24): The NPI Process: Traditional vs. Contemporary Approach

Assignment: HBR Case Study 1 (TBA)

Week III (7/01): Benchmarking, Project Planning, Cross-functional Integration, Systems and Tools

Week IV (7/15): Building Development Capability, and Creating an Environment for Innovation and Creativity

Assignment: HBR Cast Study 2 (TBA)

Week V (7/29): Review and Wrap-Up

msetm 5110 new product development
MSETM 5110 – New Product Development

The Four Disciplines of a Healthy Organization

  • Build and Maintain a Cohesive Leadership Team
  • Create Organizational Clarity
  • Over-Communicate Organizational Strategy
  • Reinforce Organizational Clarity Through Human Systems

Source: Patrick Lencioni, “The Four Obsessions of an Extraordinary Executive.”

msetm 5110 new product development6
MSETM 5110 – New Product Development

Context

Don Tapscott, “Growing Up Digital: The Rise of the Net Generation”

The N-Generation Mind

N-Generation Learning

The N-Generation at Play

The N-Generation at Work

The “Bitslingers”

Stephen Hawking, “A Brief History of Time”

“…at some point in the future, all scientific knowledge may be completed.”

What then?

msetm 5110 new product development new product development vs current engineering
MSETM 5110 – New Product DevelopmentNew Product Development vs. Current Engineering

Moore’s Law

  • 2X Every 18 Months
  • More Gates Per Chip
  • More Transistors Per Chip

Retrofits/Conversions

Agency Requirements

  • UL
  • NEBS
  • CE MARK
  • ETSI
  • EMC/EMI
slide8
Disruptive Technologies (Some Examples)

Improved Productivity/Efficiency

msetm 5110 new product development competing through innovation
MSETM 5110 – New Product DevelopmentCompeting Through Innovation

Changing Business Climate

  • Globalization
  • Increased Competition
  • Technology Revolution/Evolution
  • Fragmented, Demanding Markets
  • Shorter Product Lifecycles
  • Virtual Organizations
  • E-Business

Competitive Factors

  • Speed
  • Efficiency
  • Quality/Reliability
  • Supply Chain/Distribution Channels

Translation: Creating Value for Customers

msetm 5110 new product development10
MSETM 5110 – New Product Development

Time and Innovation

  • Innovation is key to the long-term vitality of all enterprises
  • Innovation means more than just new products; it also means new services and ways of doing business
  • While the challenge to innovation is originating new ideas, time is at the core of an innovation’s success
  • Timely execution is very demanding
  • Examples of fast, time-based innovators (Honda, Ford, GM, Sun Microsystems, Cisco, Toys “R” Us, UPS)
  • Roughly right vs. “final product”
  • The “hollowing of America”

- transfer of manufacturing

- long new product development and introduction cycles

  • The price for being a slow innovator
  • The rewards for being a fast innovator
  • Becoming a fast innovator

Source: George Stalk & Thomas Hout, “Competing Against Time.” The Free Press. ISBN 0029152917

msetm 5110 new product development11
MSETM 5110 – New Product Development

Four Types of Product/Process Development Projects

  • Research or Advanced Development Projects
  • Breakthrough Development Projects
  • Platform or Generational Development Projects
  • Derivative Development Projects
msetm 5110 new product development12
MSETM 5110 – New Product Development
  • Organization Vision/Mission/Strategy
  • Business Model/Architecture
  • Development Portfolio and Development Teams
  • Functional Integration (Wheelwright and Clark, Exhibit 8-1, p. 191)

- Functional Team Structure

- Lightweight Team Structure

- Heavyweight Team Structure

- Autonomous Team Structure

  • Tools and Methods
msetm 5110 new product development13
MSETM 5110 – New Product Development

Becoming a Fast Innovator

  • Time is the key performance variable to be managed to attain improved cost and quality.
  • Time benchmarks are set by the performance of competitors and, if faster, by what is technologically possible.
  • The support functions necessary to advance the development process are actively managed to be “invisible.” Their need is to be anticipated; they are to be invested in and kept up-to-date. They are never to be allowed to slow the development process.
  • Each program is to be managed and executed by a small, dedicated, decision-empowered, and experienced team. Team members have common goals and are measured and evaluated as part of a team.
msetm 5110 new product development cont d
MSETM 5110 – New Product Development (cont’d.)

Becoming a Fast Innovator (cont’d.)

  • The development programs are to have four steps, and company will organize itself around these steps:
      • Planning and preparation
      • Product definition
      • Design development
      • Manufacturing ramp-up
      • Product Improvement
  • The objective of planning and preparation is to avoid having to invent in the middle of the development process—make unknowns be knowns.
  • After definition, the product specification is frozen. The definition is committed to and not allowed to be changed. The improvement phase is to be used for costs and feature enhancements.
msetm 5110 new product development cont d15
MSETM 5110 – New Product Development (cont’d.)

Becoming a Fast Innovator (cont’d.)

  • Functional expertise resides in the development program. Manufacturing and design resources are full-time participants in the definition team. Manufacturing resources are full-time participants in the design team.
  • Team members are collocated.
  • Senior management reviews are few. The role of senior management is to ensure that the program teams have the appropriate resources, incentives and environment to execute their tasks quickly.
  • New programs are generated continuously, at regular market-driven intervals, and incorporate more incremental advances and fewer “great leaps forward.”
msetm 5110 new product development16
MSETM 5110 – New Product Development

A Model for Product Development

$’s R&D New Product

Tech Transfer IP Publication

msetm 5110 new product development17
MSETM 5110 – New Product Development

Typical Events (Delays Can Occur at Virtually Any Point in the Process)

  • Idea
  • FPR
  • Approval
  • Design specification
  • Approval
  • Preliminary transfer price
  • Approval
  • Vendor selection
  • Approval of quote
  • Engineering sample approval
  • Initial production
  • Production sample approval
  • Customer trials
  • Approval
  • Production ramp

Source:Stalk and Hout, “Competing Against Time.”

msetm 5110 new product development18
MSETM 5110 – New Product Development

Customer Input and Product Innovation: How to Focus on Desired Outcomes vs. Solutions

Step 1: Plan outcome-based customer interviews

Step 2: Capture desired outcomes

Step 3: Organize the outcomes

Step 4: Rate outcomes for importance and satisfaction

Step 5: Use the outcomes to jump-start innovation

Anthony W. Ulwick, “Turn Customer Input into Innovation.” HBR, January, 2002. Reprint Number R0201H.

msetm 5110 new product development19
MSETM 5110 – New Product Development

Full Stream Lifecycle Management (ISO 15288)

  • Design
  • Build
  • Operate
  • Dispose
msetm 5110 new product development20
MSETM 5110 – New Product Development

The Role of the Engineer in Product Development

(Traditional vs. Emerging)

DBOD

  • Create Sustained Value for Customers
  • Do the Right Things to Meet Objectives for Top-line Revenue and Bottom-line Profitability