The 3 secrets to developing products in half the time

Abstract

Not long ago, Xerox used 600 engineers to design a 50 page/minute $150,000 color printer in only three years, while the previous black-and-white took them over six years to complete. Here, the author describes how Xerox's financial health increasingly depends on executing "just-in-time product development", or JITPD. Lagging the market by taking too long to develop and release a product can prove disastrous, while proper execution of JITPD results in tremendous rewards. This paper gives some insight into how to accelerate engineering development times by up to 50 percent. It explains how to practice the three secrets to quality rapid product development (QRPD), a management methodology for developing products in half the time.