Practice Project U3
Practice Project U3
1. Do the project assigned below, following the step-by-step process delineated therein:
i. Compile a bibliography on any one of the following topics, or any other topic of interest to you, from a
business perspective: (a) day care; (b) product development; (c) open-market operations; (d) information
systems; (e) manufacturing technology; (f) assessment centers; (g) transfer pricing.
ii. From this bibliography, select 15 references that include books, periodicals, and newspaper items.0
iii. Based on these 15 articles, write a literature review using different forms of citations as described in
the Appendix.
iv. Formulate a problem statement.
Product development:
Andersen, P. H., Kragh, H. and Lettl, C. (no date) ‘Spanning organizational boundaries to manage
creative processes: The case of the LEGO Group’, Industrial Marketing Management, 42(1), pp.
125–134. doi: 10.1016/j.indmarman.2012.11.011.
Berman, B. (2011) ‘Strategies to reduce product proliferation’, Business Horizons, 54(6), pp. 551–
561. doi: 10.1016/j.bushor.2011.07.003.
Berthon, P. R. et al. (no date) ‘When customers get clever : Managerial approaches to dealing with
creative consumers’, Business Horizons, 50(1), pp. 39–47. doi: 10.1016/j.bushor.2006.05.005.
Bitner, M. J., Ostrom, A. L. and Morgan, F. N. (no date) ‘Service Blueprinting: A Practical Technique
for Service Innovation’, California Management Review, 50(3), pp. 66–94. Available at:
http://search.ebscohost.com/login.aspx?
direct=true&db=buh&AN=32129010&site=ehost-live.
Cooper, R., Edgett, S. and Kleinschmidt, E. (2001) ‘Portfolio management for new product
development: results of an industry practices study’, R and D Management, 31(4), pp. 361–380. doi:
10.1111/1467-9310.00225.
Dolan, R. J. (1993) Managing the new product development process: cases and notes. Reading,
Mass: Addison-Wesley. Available at: https://contentstore.cla.co.uk/secure/link?id=18a91d86-ed1d-
e711-80c9-005056af4099.
Martin, B. and Hanington, B. M. (2012) Universal methods of design : 100 ways to research complex
problems, develop innovative ideas, and design effective solutions. Beverly, Mass: Rockport
Publishers. Available at: http://suss.eblib.com/patron/FullRecord.aspx?p=3399583.
Mohanbir Sawhney, Robert C. Wolcott, Inigo Arroniz (no date) ‘The 12 Different Ways for
Companies to Innovate’, MIT Sloan Management Review, 47(3), pp. 75–81. Available at:
http://search.proquest.com/docview/224959320?accountid=14182.
Peng, Y.-N. and Sanderson, S. W. (2014) ‘Crossing the chasm with beacon products in the portable
music player industry’, Technovation, 34(2), pp. 77–92. doi: 10.1016/j.technovation.2013.09.009.
Rosenthal, S. R. and Capper, M. (2006) ‘Ethnographies in the Front End: Designing for Enhanced
Customer Experiences*’, Journal of Product Innovation Management, 23(3), pp. 215–237. doi:
10.1111/j.1540-5885.2006.00195.x.
Literature review:
In many industries, firms are seeking to cut concept to customer development time,
improve quality, reduce the cost of new products and facilitate the smooth launch of
new products. Prior research has indicated that the integration of material suppliers into
the new product development cycle can provide substantial benefits towards achieving
these goals. This involvement may range from simple consultation with suppliers on
design ideas to making suppliers fully responsible for the design of components or
systems they will supply. Moreover, suppliers may be involved at different stages of the
new product development process. Early supplier involvement is a key coordinating
process in supply chain design, product design and process design.
Several important questions regarding supplier involvement in new product
development remain unanswered. Specifically, we look at the issue of what managerial
practices affect new product development team effectiveness when suppliers are to be
involved. We also consider whether these factors differ depending on when the supplier
is to be involved and what level of responsibility is to be given to the supplier. Finally,
we examine whether supplier involvement in new product development can produce
significant improvements in financial returns and/or product design performance. We
test these proposed relationships using survey data collected from a group of global
organizations and find support for the relationships based on the results of a multiple
regression analysis.
Problem statement (Book publication store):
Customers find it cumbersome to carry their textbooks around and risk forgetting their
textbooks when they need to bring them to class.