The McKinsey Quarterly

featured Operations, Product Development article, Upgrading R&D in a downturn

February 2009 

Upgrading R&D in a downturn

Cutting research costs across the board in a recession isn’t smart. Companies should use R&D as an opportunity to make themselves more competitive.

Recent Thinking
  • featured Operations, Product Development article, 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?

  • featured Operations, Product Development article, behavioral economics interview

    May 2008 

    Daniel Kahneman on behavioral economics

    In an interview, the Nobel Laureate says organizations should think of decisions like any other product, and apply quality controls.

    Includes: Video
  • featured Operations, Product Development article, auto industry

    June 2005 

    Reducing waste in the auto industry

    Carmakers and parts suppliers can capture huge savings, but only by working together more closely.

  • featured Operations, Product Development article, product development

    August 2003 

    A product is born

    It’s time for product development to enter the information age.

The Archive

2003

  • August 2003 

    The future of product development

    By focusing on better information management rather than processes, companies can dramatically boost their product-development performance.

  • 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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