Press Releases
Latest New Product Development Benchmarking Study Underway
ANCASTER, CANADA-June 12, 2002-Dr. Robert G. Cooper and Dr. Scott J. Edgett,
leaders in the field of new product development, have commenced a much anticipated benchmarking
study in partnership with the American Productivity and Quality Center (APQC).
The study titled, Improving New Product Development Performance and Practices,
is a collaborative learning project that will examine the critical success factors and
best practices that companies have used to maintain leadership in their industries. Acting
as subject matter experts, Cooper and Edgett will study leaders in new product innovation
including Air Products, Dow Corning, Exxon Mobil, Kraft, and Maytag. "I'm looking
forward to working with APQC over the next four months to explore current best practices
in leading organizations" said Dr. Cooper.
The comprehensive study will examine the link between new product drivers
and measures of new product performance including exploring new product strategy, new product
process, voice of customer, portfolio management, culture, and organizational approach.
Thus, it will provide participants with in-depth benchmarking of best practices in new
product development.
The study is the latest in a series of benchmarking studies conducted by
Cooper and Edgett, and is invaluable to organizations seeking organic growth through product
innovation. "This study provides an excellent opportunity for us to update our extensive
benchmarking data", said Dr. Edgett.
The study's findings will be released in October 2002.
About Product Development Institute Product Development Institute (www.prod-dev.com)
is dedicated to helping companies improve their approach to new product development
and portfolio management. Led by internationally recognized experts in the field
of product development, Drs. Robert Cooper and Scott Edgett, PDI provides executives
and managers with a wide range of products and services aimed at improving companies'
new product success rates. Cooper and Edgett have worked with more than 800
businesses, including most Fortune 500 companies, and have compiled the largest
knowledge base on product development best-practices in the world.
For further information please contact:
Scott J. Edgett
Product Development Institute
Tel: +1 905 304 8798
edgett@prod-dev.com
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