GGI Press Releases
Converging Technologies, Trends, and Social Patterns Position Product Design to be a Prime Driver of Corporate Value: The Product Design Value 7-6-7 Series by GGI
Product design is increasingly being proven to be a prime driver of corporate, brand, and market value. Technology and business trends in IIoT- and IoT-Enablement, UX/User Interface Design, Sustainable Design, Design for Recyclability/Disassembly, Miniaturization, 3D Printing and Additive Manufacturing are boosting the importance of having great Industrial and UX Design to every higher levels. Big data analytics are uncovering stronger and stronger correlations between great product design and superior corporate performance in the marketplace and in equity markets.
View the entire press release directly on the PRWeb site
NEEDHAM, MASSACHUSETTS — (PRWEB) — February 25, 2019
The 7-6-7 Plus Series
The Product Design Value 7-6-7 Plus Series addresses twenty product design topics in three distinct programs. The first program identifies and addresses the value of designing-in next-generation capabilities. The second program addresses techniques to attain the maximum value from robust designs already achieved, or in process. The third program addresses useful measures to quantify the degree and extent of design robustness and value. We hope you will decide to participate!
7 Ways To Create Value With Product Design - March 14, 2019
The first program focuses on opportunities to design-in capabilities that will enhance the appeal and increase the value of products from their point of purchase throughout the product's life cycle. We will discuss seven different opportunities, and quantify the size of the economic opportunity for each. The least opportunity represents a 20% increase in revenues unto itself. The several large opportunities represent upwards from 200% increases in revenue and profit from the same design effort.
For each of the value creation opportunities during product planning and design we will provide a bit of history, describe the current status of the opportunity, provide facts and figures on the size of the revenue/profit and/or market cap opportunity, and offer our best thoughts on speed and progress in the years ahead.
The Plus in this 7-6-7 Series program will touch on how miniaturization of design, next generation motors, and a couple more topics will also begin to influence product design.
6 Ways To Reap Value From Product Design - April 11, 2019
The second program focuses on opportunities to increase the value of products, portfolios, and brands that have been robustly designed, or are well along to that goal. We will discuss six different opportunities, and quantify the size of the economic opportunity for each. These opportunities all have double-digit potential to increase revenues and profits, and single digit for market cap. In some cases, incremental monies will be needed to realize the augmentation potential of the design or design-leverage ability.
For each of the value creation opportunities during product planning and design we will provide a bit of history, describe the current status of the opportunity, provide facts and figures on the size of the revenue/profit and/or market cap opportunity, and offer our best thoughts on speed and progress in the years ahead.
The Plus in this 7-6-7 Series program will cull-out selected awards and recognitions for good product design, as distinguished from the multitude of award and recognition program categories existing today.
7 Measures To Value Product Design - May 9, 2019
The third program focuses on measures that characterize or quantify good design in the eyes of customers and users. While some measures also have utility for internal purposes such as product quality, reliability, and cost, this program centers on how customers, users, markets, and the investor community regard the products.
We discuss seven different KPIs that range from codifying the quality and robustness of ID and UX designs, to metrics that gauge pricing gross margins and potential market value, to indexes that provide for cross-market comparisons and market cap premiums.
The Plus in this 7-6-7 Series program will briefly touch on several other metrics relevant to good product design including customer satisfaction, completion rates, NPS, and others.
About GGI: Series Researcher & Producer
Founded in 1986, GGI has consulted to over 200 medium and large companies. Some 500 companies have participated in GGI's educational events. Since 1998 the company has performed primary and secondary research on R&D, product development, innovation, and metrics. With several hundred published articles and research reports, and an equal number of public and conference presentations, GGI continues to add value to the mindsets of corporate innovation leaders and executives who are in pursuit of results.
Contact Information:
Bradford Goldense
Goldense Group, Inc. [GGI]
+1 781-444-5400
