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Products & Services Sales and Marketing New Product Development and Launch Managing Development Process Project Management Tools

Optimizing New Product Design & Development Using Reference Architecture

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ID: 4989


Features:

Metrics, Graphics


Pages/Slides: 31


Published: Pre-2014


Delivery Format: Online PDF Document


 

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"Optimizing New Product Design & Development Using Reference Architecture"


STUDY OVERVIEW
Across the board, organizations are attempting to optimize their product development efforts by minimizing non-value added activities. The use of a reference architecture framework to enhance new product design and development is becoming increasingly common.

Reuse and reference architecture can significantly reduce development costs by utilizing existing assets (artifacts and components) and expertise. However, any attempt to deploy an enterprise reference architecture initiative must be supported by redesigned processes, systems and mental models.

This benchmarking study uncovers best practices to better understand the conception, implementation and outcomes of a reuse and reference architecture framework. The study outputs provide engineering and quality managers and directors with data to assess their reuse and reference architecture initiatives and programs.

KEY TOPICS

  • Product Design Governance
  • Effective Framework Implementation
  • Drivers of Change
  • Program Success

KEY METRICS

  • Percentage of Current Deployment Level of Reference Architecture Development Framework
  • Most Common Documents that Direct Architecture-based Design Decisions
  • Top Reasons Why Companies Transitioned to Framework
  • Influence of Customer Base in the Transition
  • Critical Framework Implementation Factors
  • How to Manage Customer Expectations
  • Top Implementation Challenges
  • How Well Goals were Met from Transitioning to Framework
  • Most Common Primary Benefits of Investing in Framework

SAMPLE KEY FINDINGS

  • Currently, the business unit is the most common area for use of reference architecture development framework as opposed to enterprise-wide deployment.
  • To successfully implement the reference architecture development framework, executives suggest involving everyone, including the customer, in the change process and maintaining open lines of communication.
  • As a result of switching to the framework, many companies realized increased reuse, improved new technology integration and shorter time to market.

METHODOLOGY
This research was conducted on behalf of one of Best Practices, LLC's Global Benchmarking Council (GBC) clients and was based on survey results from 11 respondents at different manufacturing companies.


Industries Profiled:
Energy; Manufacturing; Pharmaceutical; Health Care; Medical Device; Utilities; Aerospace; Financial Services; High Tech


Companies Profiled:
ALSTOM; Nichols Aluminum; Emerson Electric; Shriram Pistons & Rings; Johnson & Johnson; Kapro Industries; Kohler Company; Marvin Windows and Doors; Microsol; Raytheon; Xerox

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