Competing Through Development Capability in a Manufacturing-Based Organization

Keywords

competitive environment, product development capability, market dynamics

Abstract

In a competitive environment that is global, intense, and dynamic, developing new products and processes is increasingly a focal point of competition. Firms that get to market faster and more efficiently with products that are well matched to the needs and expectations of target customers create significant competitive leverage. Firms that are slow to market with products that match neither customer expectations nor the products of their rivals are destined to see their market position erode and financial performance falter. In a turbulent environment, excelling at product and process development has become a requirement for being a player in the competitive game; doing development extraordinarily well can provide a sustainable competitive advantage.

Original Publication Citation

"""Competing through Development Capability in a Manufacturing-Based Organization"" (1992). Business Horizons, 35 (4), 29-43. (With S.C. Wheelwright)"

Document Type

Peer-Reviewed Article

Publication Date

1992

Publisher

Business Horizons

Language

English

College

Marriott School of Business

Department

Marketing

University Standing at Time of Publication

Full Professor

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