INSIGHTS

9 Ways to Minimize Risk During New Product Development

Posted by Jim Sener on June 13, 2018 at 6:17 PM

Introducing new and successful products is crucial in order to grow your organization and outperform competitors. The only problem is the risk involved. Creating a solution without being 100% confident that it’s the right product, for the right time, and for the right customer. About 30,000 products are launched annually, yet 80% of them fail.

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How Young Inventors are Growing the Economy [NICEE Recap]

Posted by Dave Mathieu on June 8, 2018 at 12:08 PM

Budding young entrepreneurs and inventors from across the U.S. convened this weekend at the Henry Ford Museum in Dearborn, MI for the annual National Invention Convention and Entrepreneurship Expo (NICEE). Put on by The STEMIE (STEM + Invention + Entrepreneurship) Coalition, this invitation-only event is a celebration of K-12 inventors and entrepreneurs who competed in regional invention competitions around the country in order to qualify. The 300 finalists were invited to bring their invention to the expo to compete against one another for awards such as “Best Pitch,” “Most Patentable,” “Best Prototype,” “Most Sustainable,” and more.

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Topics: Young Inventors

Welcome to the IDEAZ Blog

Posted by Jim Sener on June 1, 2018 at 9:33 AM

Welcome to the IDEAZ blog! Our mission at Ideaz, is to create meaningful products and experiences that improve how people Live, Work and Play. We are excited to debut our blog where you can join us as we share news, technology, tips, and information on product design, engineering, marketing and related subjects. Please join the conversation!

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This is our little soapbox where we share what we've learned in product development over the years, in a wide variety of industries. We'll give you insight into:

  • Building a reliable team
  • Establishing a winning process
  • Avoiding common disasters
  • Accelerating your time to market
  • Reducing costs
  • Winning with consumers, and
  • Replicating success

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