Product Development Strategy Scorecard

1. Product Development Strategy Scorecard Product Development Strategy ScorecardObjective 1 - Increase Efficiency of ProductionPrograms, Initiatives, & Actions Key Performance Indicators & Metrics Target Timeframe to Achieve GoalsProduct Development Audit - New Time to Market (New Products) Reduce to average of 250 DaysProduct Development - Existing Time to Market (Existing Products) Reduce to average of 75 DaysObjective 2 - Improve Quality AssurancePrograms, Initiatives, & Actions Key Performance Indicators & Metrics Target Timeframe to Achieve GoalsSix Sigma Training # Employees Certified 5 Employees Certified by Jan 2013Quality Assurance Program % Defects Reduce to 0.0005% defect rate by Jun 2012ISO Certification ISO Certification Date Achieve certification by Jan 2012Objective 3 - Increase Revenues from New ProductsPrograms, Initiatives, & Actions Key Performance Indicators & Metrics Target Timeframe to Achieve GoalsNew Product Development - Product A Product Launch Date Launch in Jun 2012Channel Re-Seller Program for Product B Total Annual Revenue for Product B $500,000 in Revenue in 2012Product Launch Sales Training % Revenue from New Products 40% of Total Revenue from New ProductsObjective 4 - Better Understand Customer RequirementsPrograms, Initiatives, & Actions Key Performance Indicators & Metrics Target Timeframe to Achieve Goals

2. Win/Loss Analysis % Wins 15% Win Rate for All ProductsVoice of Customer # Surveys Completed 500 Customer Surveys by Jun 2012 Win/Loss Analysis % Wins 15% Win Rate for All ProductsVoice of Customer # Surveys Completed 500 Customer Surveys by Jun 2012