Companies are applying their project/product selection process with much more discipline than in the past.
Only 29% of the new product concepts make it all the way through the second step (release to development), compared to 59% in 2000.
It appears that some companies have clearly learned how to be more discriminating, so that they can use their product development capacity more efficiently.
The 2002 Product Development Metrics Survey from Goldense Group Inc. (GGI) provides the research behind these results, based on responses from 83 companies that perform research and development (R& D).
The Research 'Results' report is the most complete analysis of GGI's 2002 Survey findings.
This report provides 230 pages of text and presentation materials.
In addition to analyses contained in the Research 'Highlights' and 'Summary' reports, this 'Results' report slices survey data in several different ways, including Public vs. Private Companies Smaller vs. Larger Companies Process vs. Repetitive/Discrete vs. Job Shop Companies Higher vs. Lower Technology Companies and Companies with More vs. Fewer Employees.
