Six False Mindsets in Product Development

One of the many struggles of product development managers these days is with trying to be able to be timely and on budget when it comes to resources. More often than not, they lack the resources needed to be able to complete the job while being demanded for tight schedules to deliver. This in turn forces product development managers to push their teams further ordering them to be more detailed in their plans and to reduce the variations of the schedule and waste. However, that sort of strategy which does work in bringing up the performance of factories, may have a detrimental effect on product development.

Design & Prototyping

product development

Many companies treat manufacturing and product development the same ay despite the fact that both actually have quite a profound different thus must be treated as such, differently. Where in the area of manufacturing where things are repetitive and predictable, product development engage is unique tasks and the requirements are changing constantly. Today, we will be covering six false mindsets that is affecting the world of product development.

  1. The higher the resource utilization, the better the performance – While it may seem that efficiency requires going at a 100% capacity, when it comes to product development, it is something unpredictable and would be best on focusing on how systems are managed such as focusing on a limited number of tasks than doing more tasks at once.
  2. Large batch processing improves the development process – In product development, working with smaller batches is a much better step to improvement. Doing so will slash the time and work required to push through with the process making things work much more efficiently for the company than larger batches.
  3. Sticking to one development plan – Just because the development plan already seems great doesn’t mean you should stick to it. Hardly is it the case where a single approach to product development has had stable requirements throughout the entire process. In developing products, flexibility is a key aspect required to function better.
  4. The sooner the start, the sooner the finish – Time is of the essence, but time also has to be managed well especially in product development. A good approach here would be to control the rate at which work is being started so that it will match the rate at which work is being completed allowing for a smoother flow that encounters little hiccups.
  5. Customers will like products with more features – It seems that many product developers think that their customers see adding features as value and taking away features devaluing the product. In reality, simple is better. Products that are easier to use appeal better to a wider range of audience compared to products that have a steep learning curve.
  6. Success is determined by getting it right the first time around – Many product development managers demand their teams to “get it right” the first time. The proper way to really approach the situation is to allow for certain mistakes to happen provided that these are acted upon quickly and properly.