Product development is facing a fundamental challenge. Unfortunately, at the very moment when companies need to make better products more efficiently, previous performance innovations in product ...

In the fast-paced digital landscape, product design is not merely about aesthetics; it plays a crucial role in determining the efficiency and cost-effectiveness of the development process. Investing ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Kevin Bailey Artificial ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

About 15 years ago, if someone had told David Schofield, an advanced surfacing designer at Trek Bicycle, that one day he and his team would owe their product design process to 17 software developers ...

Product development brings with it many misconceptions about what the process is truly like and how to ensure you're getting the most out of those you've hired to help. Be it product design, ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic. More ...

Computer-aided designs, such as this model of a fingertip-sized heart pump, can reduce the number of physical prototypes that must be made. Computer-aided design (CAD) is a tool intended to facilitate ...

Google has long been known as the leader in email, but it hasn’t always been that way. In 1997, AOL was the world’s largest email provider with around ten million subscribers, but other providers were ...

Product development strategy is the process of bringing a new innovation to consumers from concept to testing through distribution. When existing business revenue platforms have plateaued, it is time ...