A Philosophical Approach to New Product Development in a Small - - PowerPoint PPT Presentation

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A Philosophical Approach to New Product Development in a Small - - PowerPoint PPT Presentation

A Philosophical Approach to New Product Development in a Small Company (Or stuff that I tell people, even if they dont ask) Presented by : Dan Howell Director of R&D March 2018 Brief History of Me 2 4/2/2018 We are Translators and


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A Philosophical Approach to New Product Development in a Small Company

(Or stuff that I tell people, even if they don’t ask)

Presented by: Dan Howell Director of R&D March 2018

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SLIDE 2

2 4/2/2018

Brief History of Me

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3 4/2/2018

Product Development Product Development Procurement Procurement Production Production FSQ FSQ Sales Sales Marketing Marketing

We are Translators and Brokers

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4 4/2/2018

Product Product

Gatekeeper Gatekeeper Standards Standards Need for Understanding Need for Understanding Simplicity Simplicity PFG PFG One Step One Step Emotional Resonance Emotional Resonance Expectations Expectations

Mental Map of Product Development

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5 4/2/2018

Set Standards – Fundamentals

Safety first, always without compromise Safety first, always without compromise Brand Next- Ingredient and Style

  • Don’t sell burritos at the

Italian Place

Brand Next- Ingredient and Style

  • Don’t sell burritos at the

Italian Place

Practicality- Can we make it Practicality- Can we make it

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6 4/2/2018

Understand and Meet Expectations

  • The developers

personal preferences should not set the standard for the product

  • Nobody minds

getting kicked at a shin kicking contest The Vinegar Tasters

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7 4/2/2018

Look for “Emotional Resonance”

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8 4/2/2018

Look for “Emotional Resonance”

  • David Chang “The Unified Theory of Deliciousness”

Wired Magazine, July 2016

  • Taste Everything
  • Identify the Universals
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9 4/2/2018

Know your Gatekeepers

  • Success = getting a product placed
  • Figure out who controls the decision and make

what they like

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10 4/2/2018

PFG

PFG?

The “PFG” Circle

  • r testing is for the Rich and Slow

is Big

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11 4/2/2018

Simple is Always Better

  • Look for ways to simplify
  • Process
  • Ingredients
  • Etc…
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12 4/2/2018

One Step Away

  • Consumers really

like to be comfortable

  • You can only take

them one step

  • utside of their

comfort zone

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13 4/2/2018

Don’t Let Understanding Get in the Way of Success

  • “A good use of negative space”
  • Know who to call
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14 4/2/2018

The Magic of Thoughtfulness

How we make Purple out of Red and Blue –

+ =

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15 4/2/2018

Product Product

Gatekeeper Gatekeeper Standards Standards Need for Understanding Need for Understanding Simplicity Simplicity Pretty F***ing Good Pretty F***ing Good One Step One Step Emotional Resonance Emotional Resonance Expectations Expectations

Mental Map of Product Development

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16 4/2/2018

Questions?

Dan Howell

Director of R&D La Terra Fina dhowell@laterrafina.com (510) 404 - 5870