This is a guest post by Therese Graff from Strategy 2 Market, a Playbook partner about the importance of planning in Lean product development. Therese Graff is a product development professional with extensive experience in medical devices, IVD and single use devices. Her expertise includes streamlining the product development process and integration with quality/ design control systems.
Therese began her career at Abbott Laboratories and progressed through various positions including a transition from assay development to complex instrument project management, including hardware and software.
Therese earned a BS from the University of Illinois, Urbana-Champaign, with concentrations in Chemistry and Biochemistry, and an MBA from The University of Chicago.
"If you fail to plan, you are planning to fail." - Benjamin Franklin
There is a lot of truth in this statement, especially when developing products. In this post, we will demonstrate the:
1) Value of planning; and,
2) How to document the plan.
Let’s compare a project to taking a trip in a car to a place you have never been to. What would happen if you just jumped in the car and drove? So, how do you approach the trip? You identify the destination. Then you look at some maps to determine the best way to get there. You may look for construction zones to avoid them.
When time is important, you evaluate different routes to find the fastest way to reach your destination. You figure out the total distance and determine how well you are doing by checking the miles traveled along the way and calculating the distance to your destination.
Now let’s evaluate these road trip activities in project planning language.