Post by account_disabled on Jan 1, 2024 0:07:37 GMT -7
As things continue to evolve, we asked GM Leaders, professor of management science at the MIT Sloan School of Management, to update this article with new insights. His supplementary content is published here along with the year's article, with annotations to the original text. Display Eppinger's comments by clicking on the highlighted passage. Globalization pressures have begun to have a significant impact on product development practices across industries. A new paradigm has emerged in which companies develop products in a collaborative manner using skilled engineering teams distributed around the world. Product development best practices are now rapidly shifting from local, cross-functional collaboration to a global collaboration model.
Global product development therefore represents a major transformation in business and is applicable to a wide range of industries. The purpose of this article is to propose some frameworks that can help companies address various strategic and tactical issues when considering adoption. The concepts were developed primarily through detailed discussions with managers from various companies in North Job Function Email List American, European and Asian countries. Part of the data comes from a recent study completed by Product Development and BusinessWeek Research Services, which interviewed and surveyed engineering managers around the world. In our discussions with managers, many found the ideas, frameworks, and perspectives presented in this article helpful in addressing today's global transformation of product development and its implementation.
About the author is associate dean of the Department of Management Sciences and GM Manufacturing Leaders Professor at the MIT Sloan School of Management. is Vice President of Global Product Development Strategy. References and, Market and technology drivers in R&D internationalization: Four different models of managing R&D, Research Policy, Vol. ( ): . and, Trends and determinants of managing virtual R&D teams, R&D Management, Vol. ( ): . , and, Are your innovation processes global? MIT Sloan Management Review, no. (Summer): . Show all references Acknowledgments We would like to thank the many colleagues, MIT research sponsors.
Global product development therefore represents a major transformation in business and is applicable to a wide range of industries. The purpose of this article is to propose some frameworks that can help companies address various strategic and tactical issues when considering adoption. The concepts were developed primarily through detailed discussions with managers from various companies in North Job Function Email List American, European and Asian countries. Part of the data comes from a recent study completed by Product Development and BusinessWeek Research Services, which interviewed and surveyed engineering managers around the world. In our discussions with managers, many found the ideas, frameworks, and perspectives presented in this article helpful in addressing today's global transformation of product development and its implementation.
About the author is associate dean of the Department of Management Sciences and GM Manufacturing Leaders Professor at the MIT Sloan School of Management. is Vice President of Global Product Development Strategy. References and, Market and technology drivers in R&D internationalization: Four different models of managing R&D, Research Policy, Vol. ( ): . and, Trends and determinants of managing virtual R&D teams, R&D Management, Vol. ( ): . , and, Are your innovation processes global? MIT Sloan Management Review, no. (Summer): . Show all references Acknowledgments We would like to thank the many colleagues, MIT research sponsors.