Organisations are four times more likely to meet product launch deadlines if they invest in Lean Product Innovation programmes

It is clear that with the global challenges now facing many organisations the need to improve product innovation is an important source of competitive advantage. Atos Consulting sponsored the Aberdeen Group to undertake a benchmark survey of 400 organisations to identify what leading organisations are doing to enhance their product innovation capability in response to these challenges.  The sponsored research identified that Best in Class organisations had a distinct product innovation advantage and have invested in long-term lean improvement programmes to build product innovation capability.

Lean Product Innovation must focus on driving five indicators to ensure maximum product advantage is created at the lowest development costs.

• Achieving launch dates
• Achieving revenue targets
• Achieving product cost targets
• Achieving development cost targets
• Achieving product quality targets

To successfully deliver this balanced performance organisations must build capability across four areas: full lifecycle innovation process, integrated information, multi-functional team working and focused leadership. However the challenges are significant so organisations must invest in long-term improvement programmes that systematically improve capability.

Building Lean Product Innovation is a long term commitment; however our research identifies a clear benefit to organisations that have made the investment.

Download the Lean Product Innovation White Paper