Accelerated Project Management: How to Be First to Market by James P. Lewis

By James P. Lewis

Speed-to-market is the main severe issue choosing the luck of latest items. James Lewis and Louis Wong, one among modern day such a lot entire venture administration writer groups, talk about often-overlooked rules which could make the adaptation within the unending race to be first and most sensible. they offer venture managers, engineers, and top-level determination makers the wanted instruments and methods to: determine an outstanding and well-grounded imaginative and prescient flip that imaginative and prescient into an actionable highway map enforce systems to aid new procedures

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The mission of the organization is to achieve that vision—to take steps that will cause customers to see the company in the desired way. Strategy is the overall approach that the company takes to achieve its mission. A couple of examples may help clarify this. Consider a company that aspires to be very large, because management believes this is necessary for its success. Growth can be accomplished a numStrategy is the overall approach ber of ways. One is to be very aggresthat the company takes to achieve sive in developing its mission.

As a result, projects are always late, and late-to-market becomes a norm. This leads to poor product strategy—and more poor product roadmaps. The whole vicious cycle starts again, a vicious cycle that only strong management determination and action can break. 3. Critical Component Planning and Development (External and Internal) With a clear product roadmap, many of the key features and functions based on new technologies or new key components are now defined. This gives the team more time to prepare for the development of these components.

Consider a company that aspires to be very large, because management believes this is necessary for its success. Growth can be accomplished a numStrategy is the overall approach ber of ways. One is to be very aggresthat the company takes to achieve sive in developing its mission. new products that meet market needs, based on very good information about market requirements. Another way is to grow by acquiring other companies that fit within the family of products produced by the company. One growth strategy that I have observed I have dubbed the predatory approach.

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