This guide shows which leverage constitutes the right management. With these tricks, your product will end up where it belongs faster – on the shelf.

1) Use existing components

Every product requires special technical solutions. However , product development is not always about reinventing the wheel. The implementation of existing components gives you a massive head start for faster market entry. Do you need the right technical components for your product? The production organization helps you to find what you are looking for: short delivery times, high quality and delivery security - at low costs.

2) Lean corporate structure

An agile team is a great advantage for successful product development with a fast time-to-market. The competences must be distributed correctly, with as few employees as possible. A multidisciplinary team brings different perspectives and solutions to the project. Every member knows about personal responsibility and the associated advantages. Shorter decision paths also create faster progress towards the overarching goal: the finished product.

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3) Take higher, calculable risks

Sometimes the fastest route is not the safest. But it is precisely here that it is worth considering accelerating the processes. As long as the risk is limited and the costs do not exceed the framework set for it, a bold decision can drastically reduce the time to market.

4) Adhere to clear specifications

A specification creates goals that all parties adhere to. However, if there are constant changes in the course of the project, changing requirements or gross ambiguities in the briefing, this can have a significant impact on the time-to-market. If you think about your goal well from the start and lay the right foundations for it, you will not experience any serious surprises later and will be able to keep to the schedule better.

5) Prioritization in project management

With projects that run in parallel, there is often a risk that one side will be neglected. To prevent this, it can help to give clear prioritization in project management. Duplication can also lead to delays within the project. Clear communication and assignment of tasks solve ambiguities.