How to integrate members of virtual communities into new product development Johann Fuller · Michael Bartl · Holger Ernst · ¨ Hans Muhlbacher ¨ C Springer Science + Business Media, LLC 2006 Abstract Online consumer groups represent a large pool of product know-how. Hence, they seem to be a promising source of innovation. At present, except for open source software, little is known about how to utilize this know-how for new product development. In this article we explore if and how members
Words: 8870 - Pages: 36
Leaders of the pack Kate Lyons INNOVATION in the design and functionality of fast moving consumer goods (FMCGs) consolidation of brands for local and global markets, and a steady rise in the profile of packaging/design as a marketing tool are the key trends shaping the packaging industry in Australia. Many of the individual product innovations are focused on convenience--for example, smaller packs and resealable products. In short, anything which assists the consumption and repurchase by busy
Words: 2166 - Pages: 9
value, ROLM merged with Siemens. Under Siemens management, ROLM took major steps to reshape and reengineer the structure of the entire organization. We will now evaluate the processes according to Hammer’s PEMM framework. The evaluation includes five process enablers and four enterprise capabilities. Evaluation of the enterprise capabilities: Leadership: leadership can be defined as the ability of company management to implement and support the idea of processes. In an organization, managers or officers
Words: 3844 - Pages: 16
protection of our natural environment is of fundamental importance to the development, manufacture, use and recycling of vehicles and their components. The BMW Group has thus for many years consistently employed methods such as Life Cycle Assessment and Design for Recycling in its decision-making. The application of these holistic philosophies generates results that are often surprising – and decisive. BMW Group research & development The BMW Group Concept: Sustainable Mobility In every corner
Words: 2923 - Pages: 12
1. Exercise 1.2: What is the most important difference between generic software product development and custom software development? What might this mean in practice for users of generic software products Answer: Generic software product are the stand alone systems that are produced by a development organization and sold on the open market to any customer who is able to buy them. Examples of this type of product include software for PCs Such as databases, word processors, drawing packages, and
Words: 2424 - Pages: 10
in mind to deliver reduced process down time and maintenance costs by extending mean times between planned maintenance intervals. To meet the customer’s requirements Hazleton slurry pumps are engineered to order for each application and incorporate design features and standards that not only ensure durability and reliability, but also differentiate us from the competition. Some of which include: • Hydraulic design incorporates unique “Controlled Diffusion” process to minimize erosive vortices
Words: 1868 - Pages: 8
EVALUATING INFORMATION TRANSFER IN PRODUCT DEVELOPMENT by MARK DAMIAN MORELLI Bachelor of Mechanical Engineering Georgia Institute of Technology (1987) Submitted to the Sloan School of Management in Partial Fulfillment of the Requirements of the Degree of Master of Science in Management at the Massachusetts Institute of Technology June 1993 @ Massachusetts Institute of Technology (1993) ALL RIGHTS RESERVED AkA& Signature of Author _ MIT Sloan School of Management May
Words: 28098 - Pages: 113
Process Design for Riordan Manufacturing Riordan Manufacturing is a “wholly owned subsidiary of Riordan Industries, a Fortune 1000 company” with a projected income of $46 million and around 550 employees (University of Phoenix, 2013). Riordan Manufacturing is a global manufacturer in the plastics industry, including fans, medical devices, and bottles. Riordan Manufacturing strives to meet the increasing customer demands for plastics. The company recently identified some issues with its current production
Words: 2207 - Pages: 9
When it comes to computer -aided design and manufacturing satisfying the user is extremely important. Effective improvement of CAD/CAM systems offers manufactures a number of benefits such as cutting design costs, reducing cycle time and improving information base. For firms that have already used CAD/CAM systems the rise in their business productivity will coincide with a marked decrease in design and production costs, this will free up valuable time of staff members so they can concentrate on
Words: 911 - Pages: 4
more valuable than their foreign country’s currency, and the location of their manufacturing facilities being too far from their customers. This contributes to the increased cost of quality of them having to transport the materials, and finished products to and from the manufacturing facility. Also the cost of imports and exports is not as valuable for them because of the value of the American dollar, or the European pound compared to the Japanese yen. (Sony Corporation SWOT Analysis, 2010) As
Words: 2308 - Pages: 10