Value Based Engineering
Getting the Most Out of Product Innovation and Engineering
Building Market and winning product and services require a rigorous approach to innovating & engineering. Kanban infosystem helps to organization to hiring experts in innovation and engineering fields
Kanban Infosystem hiring the best candidates and improve service excellence so that they can bring the right candidate for the right job in the right time.
Technology companies have a lot riding on how they prioritize markets, structure their innovation and product development processes, allocate R&D spending, and design their operating models. Whether they make enterprise software, semiconductors, or Software-as-a-Service applications, they depend on product innovation and engineering to meet their strategic objectives, navigate increasing complexity in technology and customer expectations, and stay ahead of the competition.
At a time when innovation and disruption happen so fast, getting product development right is a must. When product development is in sync with a company’s overall strategy, it can reduce R&D costs, drive products’ market fit, and speed new products to market. It can also improve customer satisfaction and help employees feel more engaged.
But getting there is not without its challenges. Problems with product innovation and engineering can crop up if companies don’t have a clear vision or business plan, don’t allocate R&D spending correctly, or mismanage product development. The costs—including missed opportunities for growth and a weakened competitive position—can be high.
KANBAN INFOSYSTEM Approach to Product Innovation and Engineering
Our comprehensive method for improving R&D includes enhancing Service and portfolio strategy, R&D spending, product management, technology and tooling, and the function’s organization and operating model
Our product innovation consulting services include using an R&D index to gauge the effect of a company’s R&D investments on revenue growth relative to companies with top-performing R&D function.
Our Approach in Action
KANBAN INFOSYSTEM used this method with one technology company that needed to transform an improperly weighted R&D portfolio. The client lacked insights and guidelines for R&D spending, leading it to overinvest in innovations for slowgrowing markets and spend too little on product development for faster-growing ones. KANBAN INFOSYSTEM helped the company create an R&D spending allocation framework with tracking and review guidelines. Our product innovation consultants also worked with the company to create KPIs and OKRs to keep product management in line with strategy.
The transformation freed up 25% of low-return R&D spending, which the company moved into an innovation fund to expand into new capabilities, markets, and clients