Essay on Case Study Analysis: IDEO Product Development

Essay on Case Study Analysis: IDEO Product Development

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Case Study Analysis: IDEO Product Development

The business model for IDEO began as an open-minded place to design, develop and manufacture new products. The last 20 years of proven product design driven by innovation has translated into profit margins for their clients and continuous refinement for IDEO’s process. IDEO pioneered “concurrent engineering” where design and engineering work together to produce aesthetically pleasing products that are also highly functional. This was different from many other similar companies that placed more emphasis on the industrial design than the engineering. IDEO’s strengths grew out of the ability to master this ability with high tech clients. Corporations came to IDEO because they had a proven system of developing the best products through using their key ingredients for innovative strategy.

IDEO was riding on the success of the Palm Pilot, which at the time had become the fastest selling computer product ever. This was a marketplace with which they were familiar, having worked on the Newton handheld earlier fro Apple. The Newton was an example of a disruptive technology, but the need for a truly portable handheld computer could not outweigh the shortcomings of the technology or the value proposition in the marketplace. Working on these types of projects reinforced IDEO’s stature in the industry for not only producing award winning products but also leading consumers in to new ways of interfacing with technology.

The skill abilities of team members within IDEO reflect the company’s doctrine of open innovation and the benefit of assembling those diverse teams. From their clients IDEO assimilates best practices and then integrates these practices back into their own business and proces...

... middle of paper ... knowledge base through the lessons learned by working with a multitude of companies, each with their own distinct characteristics, they were able to transition from a product development company to a company that offers a strategic partnership that provides innovative solutions focusing on the business as a whole. Now, IDEO creates and enhances some of the most creative organizations on the globe. A major shift in the paradigm established in 2000 focus on invention and the individualist nature of product design. Innovative companies such as Procter & Gamble have benefited immensely from the years of innovative evolution and learning experienced by IDEO. The more IDEO learns, the more their customers learn. This in turn helps IDEO to further their knowledge base creating a continuous loop of design thinking seemingly driven by a perpetual motor that breeds success.

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