How can executives for large companies speed up time to market for new products?
Large companies, with many brands, tend to face challenges in terms of speed. Smaller companies, by their very nature, have a tendency to be faster and more innovative.
At the same time as small companies are hungry to challenge incumbents with innovative products on high-margin markets, other global competitors challenge on volume.
The market leadership of multibrand companies is therefore often under pressure, even for the most successful of organizations. But leading multibrand companies often find ways to move faster. On the product side, for example, there are opportunities to reuse parts across products, reduce cannibalization across brands, compete on innovation and speed up time to market for new products.
Speed is a key element of The Executive Dilemma, i.e. how to optimize operational excellence, customer intimacy and product leadership. And if you’re curious to find out more, click below.
Modular Strategy and Potential (MSAP) identifies the value potential and enables you to clarify strategic direction.
Apply Modular Function Deployment (MFD) to create product architectures that meet your customer and company needs.
This is the world-class solution for product management.
Standing for Product Assortment Lifecycle Management, PALMA is cloud-based strategic software to create, document and govern modular product architectures. With this unique structured approach you can design, document and configure products. You can also connect enterprise systems and secure business goals.
Built on an in-memory database platform, PALMA is faster and more capable than anything else on the market, so you can create configuration rules without coding, govern product architecture life cycles and create a business advantage.