Blockbusters The Five Keys to Developing GREAT New Products

“Blockbusters: The Five Keys to Developing GREAT New Products” by Gary S. Lynn, published by HarperCollins on August 14, 2003, is a reprint edition comprising 272 pages. This book explores the challenges of product development, highlighting that over half of new products fail in the marketplace. Lynn and co-author Richard Reilly present findings from a decade-long research study, offering insights into five essential practices that can significantly enhance a company’s chances of success in creating blockbuster products.
Readers will discover the critical elements necessary for developing successful new products, including the importance of a compelling product vision, effective improvisation, and the role of teamwork. The authors provide real-world examples from nearly fifty successful products, illustrating how these practices can be applied in various business contexts. This edition serves as a resource for those interested in business development, marketing, and industrial research, aiming to improve their understanding of what drives product success.
Official synopsis Publisher
What Makes a BLOCKBUSTER?
More than half of all new products fail in the marketplace. But companies can dramatically improve their odds of success by implementing five key practices — all within their control. Drs.Gary Lynn and Richard Reilly share the results of a ten-year research study illustrated by the inside stories of nearly fifty of the most successful products ever created.
Lynn and Reilly explain the five keys for companies wishing to develop the next blockbuster. Without these crucial elements a blockbuster new product is virtually impossible:
Compelling Product Vision • Product Improvisation • Information Exchange • Senior Management Commitment • Teamwork
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