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Ten Imposters That Can Jeopardize Your New Product Development Project
Posted: January 19, 2022 If you’re developing a new product, you already know the purpose of observing best practices is to create the conditions necessary for achieving market success. But because research-backed approaches to New Product Development can sometimes seem counter-intuitive, leaders often end up implementing "best practices" that turn out to be imposters. In this piece, we’ll call out the culprits and provide some touchpoints for helping companies course correct.
The Global Chip Crisis is Driving Investment in Domestic Manufacturing
Posted: January 6, 2022The global chip crisis appears to have reached a crescendo. Opinions vary on how long it will last. Analysts with optimistic estimates are betting on improvement in early 2022, while those with more pessimistic outlooks are placing their bets on late 2024. Though it’s likely the reality lies somewhere in between, the forecast disparity is a testament to how uncertain the situation remains.
Surprisingly, supply chain uncertainty has spawned certainty about one thing: the dangers of U.S. dependency on China-based high-tech manufacturing. “America First” is rapidly becoming a supply chain battle cry. Incentivized by massive government subsidiaries, policymakers, and industry leaders across the political spectrum are crossing party divides and beginning to function as a unified front to drive a resurgence in domestic manufacturing. But although the U.S. appears to be headed in the right direction, not even corporate recipients of massive government subsidies can move quickly enough to stop the bleeding.
