Infographic: Challenges for New Product Development

By Jillian Walker
Research Analyst
Growth Team Membership™ 
Frost & Sullivan


Frost & Sullivan's Growth Team Membership™ (GTM) recently completed its 2014 survey of R&D/innovation executives. The executives were asked to identify their most pressing challenges for 2014. GTM will focus its best practices research to address the prominent issues identified in the survey.

This year's survey confirmed that portfolio management remains a top issue for R&D executives. Identifying breakthrough concepts, aligning R&D and corporate strategy, and prioritizing opportunities rounded out the top three of this year's challenges. Most respondents also indicated that process issues are preventing them from achieving their desired level of success.

If you have questions regarding the survey, or are interested in learning more about GTM’s R&D/innovation and product development best practices, please contact us at: GTMResearch@frost.com, follow us on Twitter @Frost_GTM, or visit us at www.gtm.frost.com