Challenge
A food products company worked with Kepner-Tregoe to redesign their product development process defining new roles and responsibilities and new commercialization activities.
Consumer Products
A few words about the Consumer Products Industry
Consumer Products companies face an array of challenges as they race to serve an ever more demanding consumer base in a diverse and global landscape. As labor shortages, supply chain disruptions and economic uncertainty return to “normal,” scrutiny of company values, as well as environmental and societal impacts, continue to grow. Consumer products companies are facing crossroad decisions around capital expenditure, product development, digitized manufacturing, regulatory issues, sustainability, and many more critical challenges that will define the next generation of leaders and losers.
Kepner-Tregoe helps market leaders to improve decision-making skills that will drive their global growth and successful business development. KT’s methodologies include advanced critical thinking capabilities that help address topics ranging from strategic planning through to day-to-day organizational challenges. Our consulting and training services help companies achieve the best outcomes for product development, manufacturing initiatives and capital spending.
To learn more about Kepner-Tregoe consulting and training solutions for the Consumer Products and light manufacturing industries, contact Kepner-Tregoe.
Success Stories
6
months for program implementation
47
project managers trained
Results
The product development program was complex and demanding. The KT team helped the client stay on course, guided by clear objectives and metrics. The project was completed on time and on budget.
Business Process Improvement Project
Design and install a process for improved procurement and maintenance of intellectual property that results in measurable business results.
38%
reduction in IP processing costs
75%
reduced senior executive review
Results
The new process realized a 38% reduction in IP processing costs and reduced risk to key assets. This was accomplished by shifting elements of IP legal processing to internal legal counsel, establishing more stringent criteria to evaluate which existing patents and trademarks to renew, and eliminating the renewal of those that offered no value.
Insights
In every organization, decisions must be made and actions taken. Usually, the realm of decision making is the responsibility of company leaders. They must select the actions, determine how they will be carried out, and be accountable for the implementation of the decision and for the subsequent results.
“Differentiate or die!” Differentiation through product and service innovation is how we will survive and thrive. But in these challenging times, we cannot afford to squander scarce resources on poor ideas. Let’s look at how to ensure innovation is effective.
Beginning and sustaining an improvement journey can often mean fighting naysayers, inertia and reluctance to change work routines, even the bad ones. Yet, the perfect marriage of a continuous improvement culture and effective production management creates consistent, world-class performance.
The negative consequences of any action are as tangible as its benefits, sometimes more so. Before moving ahead with a decision, it is imperative to consider risk: the possible adverse consequences of feasible alternatives.
Testimonials
Our Experts
in Consumer Products Industry
Contact Us
For inquiries, details, or a proposal!