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November 2007

November 27, 2007

Product development

Developing the right products and services is central to the successful commercialization of innovation. The goal must be to ensure your products and services truly meet customer needs, are superior to alternatives, and are optimized to capture value for your company.   

In evaluating and working with your product and service portfolio, we begin by categorizing them into three groups: current products and services, new product and services to be launched in the short to medium term, and long term future products and services. Each of these categories typically faces different types of challenges, and should be approached accordingly.