NPD Jargon Buster: Breakthrough Projects (aka Radical or Disruptive)

Learning Centre > NPD Jargon Buster: Breakthrough Projects (aka Radical or Disruptive)

Breakthrough projects are those that strive to bring a new product to the market with new technologies; and depart significantly from existing organizational practices.

Breakthrough projects are those that strive to bring a new product to the market with new technologies; and depart significantly from existing organizational practices.Breakthrough projects are those that strive to bring a new product to the market with new technologies; and depart significantly from existing organizational practices.
Contents

A breakthrough project is a product development effort that strives to bring a new product to the market with new technologies, departing significantly from existing organizational practices, and having a high level of risk. Breakthrough projects are often referred to as radical or disruptive. While traditional product development efforts focus on incremental improvements to existing products, breakthrough projects aim to create something entirely new. This can be a daunting task, but the rewards can be great. For organizations, successful breakthrough projects can lead to increased market share, improved profitability, and customer loyalty. For individuals, working on a breakthrough project can provide an opportunity to learn new skills and build experience in cutting-edge technologies. However, because of the high level of risk involved, not every breakthrough project is successful. When undertaking a breakthrough project, it is important to carefully assess the risks and potential rewards before proceeding.

No items found.

A breakthrough project is a product development effort that strives to bring a new product to the market with new technologies, departing significantly from existing organizational practices, and having a high level of risk. Breakthrough projects are often referred to as radical or disruptive. While traditional product development efforts focus on incremental improvements to existing products, breakthrough projects aim to create something entirely new. This can be a daunting task, but the rewards can be great. For organizations, successful breakthrough projects can lead to increased market share, improved profitability, and customer loyalty. For individuals, working on a breakthrough project can provide an opportunity to learn new skills and build experience in cutting-edge technologies. However, because of the high level of risk involved, not every breakthrough project is successful. When undertaking a breakthrough project, it is important to carefully assess the risks and potential rewards before proceeding.

Key Takeways

Related Articles

Join 70+ companies accelerating their product development with Innovolo
Farm+Stable is a client of Innovolo, a product development as a service provider offering R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. As a company that specializes in the development and engineering of products for the agriculture and construction industries, Farm+Stable has benefited from Innovolo's expertise in helping to bring new products to market quickly and efficiently. In particular, Farm+Stable has been able to rely on Innovolo's team of experienced engineers to help with the design and development of a new line of products that are designed to be more durable and longer-lasting than previous models. With Innovolo's help, Farm+Stable has been able to bring these new products to market in a timely manner, and they have been well-received by customers. Thanks to Innovolo's innovative product development solutions, Farm+Stable has been able to stay ahead of the competition and continue to grow their business.
Innovolo is a product development as a service provider. It offers R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. Its services are used by clients in a variety of industries, including automotive, aerospace, consumer electronics, and medical devices. One of its clients is Kawneer, a leading manufacturer of aluminum products for the architectural and construction industries. Kawneer has been using Innovolo's services to help develop new products and to manage the obsolescence of its existing products. Thanks to Innovolo, Kawneer has been able to speed up its product development cycle and to reduce its costs. As a result, Kawneer has been able to bring new products to market faster and to better meet the needs of its customers.

Related Tools and Templates

No items found.

Brands Mentioned

No items found.