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solution for product development challenges

solution for product development challenges

Submitted by • October 12, 2020 www.icanio.com

Innovation and development are an integral part of every business model. Hence, launching new products and services is always one of the top agenda, the management ponders on. In a recent Executive Leadership Innovation Survey, in which 722 corporate executives participated, 60 per cent of them listed it among the top 3 priorities of the company. However, in the same survey, around 50 per cent of the participants reported that success in launching new products is not “developed and sustained” throughout their company. This highlights the concern that something so essential for the growth of the business, is also the thing companies don’t do well.

Based on what are the factors for successful product development of pioneering businesses, we have worked on a 5 step solution. Our solution is determined to overcome the challenges faced in performing this important business function. Go through all the steps to achieve better results.

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