Risk Management: The Real Reason for Long Product Development Time Cycles

1999 ◽  
pp. 21-33 ◽  
Author(s):  
F. Louis Floyd
Keyword(s):  
Risk Management ◽  
Product Development ◽  
Development Time ◽  
The Real

Information security in the South Australian real estate industry

2014 ◽  
Vol 22 (1) ◽  
pp. 24-41 ◽  
Author(s):  
Deepa Mani ◽  
Kim-Kwang Raymond Choo ◽  
Sameera Mubarak
Keyword(s):  
Risk Management ◽  
Information Security ◽  
Real Estate ◽  
South Australia ◽  
Security Threats ◽  
The South ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
Real Estate Sector

Purpose – Opportunities for malicious cyber activities have expanded with the globalisation and advancements in information and communication technology. Such activities will increasingly affect the security of businesses with online presence and/or connected to the internet. Although the real estate sector is a potential attack vector for and target of malicious cyber activities, it is an understudied industry. This paper aims to contribute to a better understanding of the information security threats, awareness, and risk management standards currently employed by the real estate sector in South Australia. Design/methodology/approach – The current study comprises both quantitative and qualitative methodologies, which include 20 survey questionnaires and 20 face-to-face interviews conducted in South Australia. Findings – There is a lack of understanding about the true magnitude of malicious cyber activities and its impact on the real estate sector, as illustrated in the findings of 40 real estate organisations in South Australia. The findings and the escalating complexities of the online environment underscore the need for regular ongoing training programs for basic online security (including new cybercrime trends) and the promotion of a culture of information security (e.g. when using smart mobile devices to store and access sensitive data) among staff. Such initiatives will enable staff employed in the (South Australian) real estate sector to maintain the current knowledge of the latest cybercrime activities and the best cyber security protection measures available. Originality/value – This is the first academic study focusing on the real estate organisations in South Australia. The findings will contribute to the evidence on the information security threats faced by the sector as well as in develop sector-specific information security risk management guidelines.

Improving new product development performance by risk management

2016 ◽  
Vol 31 (3) ◽  
pp. 418-425 ◽  
Author(s):  
Mehran Salavati ◽  
Milad Tuyserkani ◽  
Seyyede Anahita Mousavi ◽  
Nafiseh Falahi ◽  
Farshid Abdi
Keyword(s):  
Risk Management ◽  
Product Development ◽  
New Product Development ◽  
Small Sample Size ◽  
New Product ◽  
Small Sample ◽  
Content Type ◽  
Total Performance ◽  
The Relationship ◽  
Npd Performance

Purpose The principal aim of this study is to investigate the relationship between technological, marketing, organizational and commercialization risk management on new product development (NPD) performance. Design/methodology/approach Based on questionnaire, the data were collected from a sample of general automotive industry in Iran. Based on theoretical considerations, a model was proposed and descriptive statistic and hierarchical regression were used to measure the relationship between risk management factors and NPD performance. Findings Data analysis revealed that if organization can amplify their knowledge and information about risk and main factors that affect NPD process, not only can they do their work better but can also increase their ability to predict future happenings that affect performance. Research limitations/implications First, due to the relatively small sample size, caution should be exercised when interpreting the results. Second, the data were collected from automotive producer in Iran, which may restrict to some extent generalizability of the findings. Practical implications The results suggest that managers should consider more attention to risk management. If managers spread the risk management in all aspects of the NPD project, total performance will be increased and it can develop the probability of NPD success. Also organizations should perform great market research due to best commercialization. Originality/value Past researches have presented complete information about NPD process. But identifying and considering the effect of the risk management parameters that are connected to the NPD process were the main thrusts to perform the study. In this paper, based on past research about risk management of NPD, the extra aspect of process that can improve total performance of NPD has been examined.

Defining Product Architecture During Conceptual Design

1998 ◽  
Author(s):  
Kevin R. Allen ◽  
Susan Carlson-Skalak
Keyword(s):  
Life Cycle ◽  
Product Development ◽  
Conceptual Design ◽  
Development Time ◽  
Product Variety ◽  
Product Architecture ◽  
Small Company ◽  
Product Lines ◽  
Modular Product ◽  
Modular Products

Abstract Product architecture can have a significant impact on a product’s life-cycle and its development time. Modular product architecture allows for easy disassembly upon product retirement and allows for wide product variety. In a small company, the team structure of the company can correspond to the modules, and modules can be used across product lines. By using similar modules from one generation to the next, product development time can be reduced. The methodology described in this paper gives a small company the framework from which to develop modular products.

Industrial Design to Rapid Mold Making for Accelerated Time-to-Market of Consumer Electronic Products

1999 ◽  
Author(s):  
Fu-Chung Wang ◽  
Juan Plancarte ◽  
Paul K. Wright ◽  
Vito Fabbrizio ◽  
Alan Kramer
Keyword(s):  
Product Development ◽  
Product Life Cycle ◽  
Development Time ◽  
Integrated Design ◽  
Development Stage ◽  
Consumer Electronics ◽  
Time To Market ◽  
Rapid Product Development ◽  
Short Period ◽  
Cad Cam

Abstract The demand for quick time-to-market and the short product life cycle of consumer electronics are now pushing the development time for these products even shorter. The success of a rapid product development requires careful considerations of product markets, production needs, and available design and fabrication resources at the early development stage, and a seamlessly integrated design to fabrication environment for rapid product realization. In this paper, through a case study on the prototyping production of a finger-print recognition device, we illustrate a rapid product development through an integrated CAD/CAM environment. Rapid production of an accurate aluminum mold for 200 prototypes is highlighted. The result was a product prototype delivered within a short period of development time according to the proposed schedule. Time analysis of the entire development process was provided, and some potential improvements based on the analysis were also identified for future development of similar products.

Real Time Risk Management in Cloud Computation

2013 ◽  
pp. 123-145
Author(s):  
Kashif Kifayat ◽  
Thar Baker Shamsa ◽  
Michael Mackay ◽  
Madjid Merabti ◽  
Qi Shi
Keyword(s):  
Information Technology ◽  
Cloud Computing ◽  
Risk Management ◽  
Real Time ◽  
Use Case ◽  
The Real ◽  
Security Issues ◽  
Processing Resources ◽  
Cloud Computation ◽  
Time Assessment

The rise of Cloud Computing represents one of the most significant shifts in Information technology in the last 5 years and promises to revolutionise how we view the availability and consumption of computing storage and processing resources. However, it is well-known that along with the benefits of Cloud Computing, it also presents a number of security issues that have restricted its deployment to date. This chapter reviews the potential vulnerabilities of Cloud-based architectures and uses this as the foundation to define a set of requirements for reassessing risk management in Cloud Computing. To fulfill these requirements, the authors propose a new scheme for the real-time assessment and auditing of risk in cloud-based applications and explore this with the use case of a triage application.

scholarly journals Strategic Sustainability Risk Management in Product Development Companies: Key Aspects and Conceptual Approach

2020 ◽  
Vol 12 (24) ◽  
pp. 10531
Author(s):  
Jesko Schulte ◽  
Carolina Villamil ◽  
Sophie I. Hallstedt
Keyword(s):  
Risk Management ◽  
Product Development ◽  
Radical Change ◽  
Raw Material ◽  
Manufacturing Companies ◽  
Conceptual Approach ◽  
Strategic Risk ◽  
Sustainability Transition ◽  
Micro Level ◽  
Key Aspects

Society’s transition towards sustainability comes with radical change, which entails significant threats and opportunities for product development and manufacturing companies, for example related to new legislation, shifting customer preferences, and increasing raw material prices. Smart risk management therefore plays a key role for successfully maneuvering society’s sustainability transition. However, from a company perspective, it remains challenging to connect the macro-level societal change with tangible risks for the business on the micro level. Based on interviews with academic and industrial experts, this study identified 21 key aspects for sustainability risk management. Drawing on these results and research from the areas of transition design, strategic sustainable development, and sustainability risk management, a conceptual approach for strategic risk management within the sustainability transition is presented. It builds on layered, double-flow scenario modelling in which backcasting from a vision, framed by basic principles for sustainability, is combined with forecasting from the present. The implications of such scenarios, i.e., risks, can then be identified and managed. By doing so on different scales, connections between macro- and micro-level change can be established. Thereby, product development companies shall be supported in making sustainability an intrinsic part of decision-making across the strategic, tactical, and operational levels to increase competitiveness while contributing to the transition towards a sustainable society.

Real Option Approach for the Management of a New Product Development in the Pharmaceutical Sector

2013 ◽  
Vol 746 ◽  
pp. 551-556
Author(s):  
Federica Cucchiella ◽  
Massimo Gastaldi
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Real Option ◽  
New Product ◽  
Pharmaceutical Sector ◽  
The Real ◽  
Investment Projects ◽  
Real Option Theory ◽  
Real Option Approach ◽  
Option Theory

The main scope of this paper is to perform a real options analysis that is often recommended as an emerging valuation technique for high-risk investment projects. The pharmaceutical sector is a sector where the real option can be positively applied to incorporate the flexibility and the risks of the new product development. In this paper the real option theory is applied to a pharmaceutical company that is developing a particular new product. Due to the uncertain nature of the new product development, it can be strategic to evaluate the real option benefits for the investment under analysis.

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