Developing profitable technology products
Online or in-house talk
All (PhD students to professors)
Product development is the exciting application of scientific knowledge to engineer a solution to a problem. It’s the activity where knowledge is transferred from books and journal articles into real solutions, and it is where science finds its true value. But strong technical skills are only part of what’s needed to develop a profitable technology product. Successful products need to be scalable, reliable, and most of all, profitable. How do product development teams come together and turn science into things people need efficiently and effectively?
At TurningScience, we emphasize that most of what is done in the private sector doesn’t have a single ‘right way’ to do it. Our slogan is ‘It’s a game, not a formula’, and product development certainly follows this principle. But while there may not be a single ‘right way’, there are good and bad practices. Think of us as your coach, giving you the benefit of our experience, and telling you what we think matters most if you want to play a winning game! In this talk, we’ll let you know about both.
Specifically, you will learn the following in this talk:
- Five critical elements that any successful product must include
- Two systems for developing successful products
- One essential tool that you can implement right now to help your team achieve the five critical elements
If you are currently a product developer or aspire to become involved in product development, this talk will give you some proven systems and tools and teach you how to apply them to your own company. If you haven’t started your industry career yet, the information you learn in this talk will be excellent preparation for your first interviews. You will possess insights about product development that most other scientists competing for the same job will not!