Knowledge Management in New Product Teams: Practices and Outcomes
11 Pages Posted: 26 Sep 2012
Date Written: September 24, 2012
This paper explores the critical practices impacting a new product team's ability to learn and succeed. By investigating the practices of 281 new product teams from around the world, several factors emerged that impact a team's ability to acquire and use knowledge to reduce cycle time and improve their probability of success. The significant factors include: 1) documentation of project information, 2) storage and retrieval systems for project information, 3) information reviewing practices, 4) vision clarity, 5) vision stability, and 6) management support of the project.
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