Explain why the proposed new product or service makes strategic sense
Web Site Evaluation
July 3, 2020Identify the primary role and duties/responsibilities associated with his or her position, as well as any required skills, experience, and abilities n
July 3, 2020Explain why the proposed new product or service makes strategic sense
Project proposal Guideline
1. A brief description of your company situation
2. A description of the product concept to be developed
3. Explain why the proposed new product or service makes strategic sense.
WHAT NEED DOES THE PRODUCT FULFILL? HOW DOES THIS FIT WITH THE REST OF YOUR PRODUCT LINE? HOW DOES IT FIT WITH YOUR TECHNICAL CAPABILITIES?
4. Provide a detailed assessment of the market opportunities, relevant trends, competitive analysis, and findings from market research.
WHAT IS THE TARGET MARKET FOR THE INNOVATION? WHAT SALES FORECAST MIGHT BE POSSIBLE? HOW DOES THE PRODUCT STAND UP TO COMPETITIVE OFFERINGS?
5. Describe the major requirements for the product.
WHAT TASKS MUST BE DONE? DESIGN? MATERIALS AND PARTS REQUISITIONING? PROTOTYPE (ALPHA TEST) DEVELOPMENT? IN-HOUSE TESTING? REGULATORY COMPLIANCE?
6. Explain your game plan. Map out a framework. Answer the why question.
DEVELOP A FLOW CHART OF TASKS,
TIMES,
RESPONSIBILITIES.
7. Discuss potential concerns and challenges when launching the product
The development of your project should parallel the course material. You should include as many concepts, techniques etc. as possible.
