This third course in the product development specialization discusses the business side of product development. The course begins with an overview of marketing and pricing strategies, and how company’s price their products today. Learners are then introduced to the project’s financial business case, defining key financial metrics such as NPV, IRR and Payback Period. The course then shows how to make an effective presentation these to the executive office for funding. The course concludes with a discussion of sustainability and how to design innovative products for a circular economy. Throughout the course, the student is challenged to continue developing their own product idea, one they have followed throughout the specialization.
Product Innovation Management
Dieser Kurs ist Teil von Spezialisierung Product Development for Technical Managers
Dozent: Michael J. Readey, Ph.D.
TOP-LEHRKRAFT
Bei enthalten
Empfohlene Erfahrung
Was Sie lernen werden
How to design a compelling marketing brochure.
How to create a spreadsheet of a financial business case.
How to construct a prototype of your product concept.
Kompetenzen, die Sie erwerben
- Kategorie: Marketing
- Kategorie: Minimum Viable Product (MVP)
- Kategorie: Business Case
- Kategorie: Pricing Strategies
- Kategorie: The Circular Economy
Wichtige Details
Zu Ihrem LinkedIn-Profil hinzufügen
3 Quizzes
Erfahren Sie, wie Mitarbeiter führender Unternehmen gefragte Kompetenzen erwerben.
Erweitern Sie Ihre Fachkenntnisse
- Lernen Sie neue Konzepte von Branchenexperten
- Gewinnen Sie ein Grundverständnis bestimmter Themen oder Tools
- Erwerben Sie berufsrelevante Kompetenzen durch praktische Projekte
- Erwerben Sie ein Berufszertifikat zur Vorlage
Erwerben Sie ein Karrierezertifikat.
Fügen Sie diese Qualifikation zur Ihrem LinkedIn-Profil oder Ihrem Lebenslauf hinzu.
Teilen Sie es in den sozialen Medien und in Ihrer Leistungsbeurteilung.
In diesem Kurs gibt es 5 Module
Module 1 begins with an overview of the course and how it works. It then introduces several principles of Marketing, including the 4 and 5 "P's" of marketing. The course then looks at pricing strategies and how companies establish price. Customers within a market buy for different reasons, and the idea of market adoption is introduced with segments such as Innovators, Early Majority, and the Laggards. The module concludes with students constructing a tri-fold marketing brochure suitable for a tradeshow event.
Das ist alles enthalten
9 Videos5 Lektüren1 Quiz1 peer review1 Diskussionsthema
Module 2 introduces the process for creating a financial business case for a product development project. This involves estimating future sales, costs and then based on the resulting cash flows, the project's financial viability using financial metrics such as NPV, IRR and the Payback Period.
Das ist alles enthalten
9 Videos1 Quiz1 Programmieraufgabe
Module 3 shows the steps to prepare a product development presentation proposal suitable for presentation to upper management or investors.
Das ist alles enthalten
4 Videos1 peer review
Module 4 introduces the concept of the Circular Economy, and how it differs from today's Linear Economy. The 3 Principles of the Circular Economy are described using examples of how they are applied. A more detailed view of the Circular Economy is presented using the Ellen MacArthur Foundation's Butterfly Diagram, highlighting the Technical and Biological Nutrient Cycles as foundational to circular product design.
Das ist alles enthalten
5 Videos1 Quiz1 peer review
Module 5 links product development to environmental and social sustainability. The module begins by providing an overview of the sustainability imperative, essentially arguing why we as product developers need to focus on more sustainable products and services. The concept of "The Anthropocene" is introduced, as a description of how human activities are now shaping the planet's natural processes. Sustainability is then defined in terms of environmental and social responsibility. The module concludes with an overview of sustainable products, beginning with a case study of a typical t-shirt.
Das ist alles enthalten
8 Videos1 Lektüre
Dozent
Empfohlen, wenn Sie sich für Leadership and Management interessieren
University of Colorado Boulder
University of Colorado Boulder
Erasmus University Rotterdam
Fundação Instituto de Administração
Auf einen Abschluss hinarbeiten
Dieses Kurs ist Teil des/der folgenden Studiengangs/Studiengänge, die von University of Colorado Boulderangeboten werden. Wenn Sie zugelassen werden und sich immatrikulieren, können Ihre abgeschlossenen Kurse auf Ihren Studienabschluss angerechnet werden und Ihre Fortschritte können mit Ihnen übertragen werden.¹
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