Archive for the 'Process Questions' Category

Mar 5th 2011 Product Lifecycle Management (PLM) Questions

  • How can we better measure our ROI on R&D spending?
  • Do we have the infrastructure to support our global innovation and product development needs now—and three years from now?
  • Who owns product lifecycle management? Who should own PLM for the company?
  • Do we have a definition, strategy and roadmap for PLM?
  • How do our current CRM, SCM and ERP initiatives link to PLM?
  • What impact could improvements in PLM have for us?
  • What’s the total benefit of improving our time to market by 1 percent?
  • What’s the total benefit of reducing our product development costs by 1 percent?
  • What’s the impact of getting 1 percent more output from our product development resources?
  • Can we satisfy upcoming regulations with our current PLM resources and processes—and if not, what will a regulatory violation cost us?

Source: The innovation enabler goes mainstream by Kevin P. Prendeville, A. J. Gupta | Outlook Journal

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May 24th 2006 Process Questions

  • Who owns the process?
  • Who has the power to change it?
  • What are its objectives?
  • What are the success metrics?
  • Who are the customers of this process?
  • Who gets to participate?
  • What are the data or information inputs for this process?
  • What analytical tools are used?
  • What events and milestones drive this process?
  • What kind of decisions does this process generate?
  • What are the decision-making criteria?
  • How are decisions communicated, and to whom?
  • How does this process link to other management systems?

Source: The Why, What, and How of Management Innovation / Gary Hamel / Harvard Business Review, February 2006 / http://harvardbusinessonline.hbsp.harvard.edu/hbrsa/en/issue/0602/article/R0602C.jhtml

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