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Featured Operations, Product Development Article, next step in open innovation

June 2008 

The next step in open innovation

The creation of knowledge, products, and services by online communities of companies and consumers is still in its earliest stages. Who knows where it will lead?

Recent Thinking

The Archive

2003

  • August 2003 

    The IT factor in mobile services

    Mobile-telecom companies must redraw their IT architecture if they hope to market new services quickly and cheaply.

2000

1997

  • May 1997 

    Packaged goods: It’s time to focus on product development

    The best performers organize around four separate development missions. New products and line extensions require different processes and different performance metrics. A common mistake: not setting priorities across product groups.

1995

  • November 1995 

    Going slow to go fast

    Want to get new products to the market fast? Don’t troubleshoot. A common mistake: setting aggressive commercialization targets. Development is not a process. It’s a system with subtle feedback loops. The lure and danger of “best practice.”

  • May 1995 

    Increasing the value of product development

    Companies can improve the way they develop and commercialize new products and processes with the help of a new diagnostic tool that enables senior management to link value drivers with the creation of shareholder value.

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