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Almost 20 years after the Agile Manifesto was signed, many companies think of agile product development mainly as a fast and cheap process.

Since 2001, when the Agile Manifesto a group of software developers wrote it, the term was picked to represent a philosophical framework based on 12 principles to drive product development.

Finding a single word to summarize a complex process is a challenging task. Language evolves and the intended meaning can be lost. “Agile” seems to be suffering that fate in the product development realm.

In a recent presentation at t…

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Many companies look for new product development strategies as a way to stay relevant. Although some companies can survive with the “spaghetti-on-the-wall” approach, launching one product after another, and “testing” them in the market to see what sticks, this can be a very inefficient and costly approach over time.

Fortunately, there are other alternative new product development strategies that can be more efficient.

Companies should adopt different new product development strategies at different times depending on the circumstances they find themselves in.

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