Affiliations: College of Engineering, Iowa State University, Ames,
IA, USA
Note: [] Previously vice president for strategic quality and process
management, Tellabs Operations, Inc., Lisle, IL, USA. Corresponding author: J.L. Melsa, Dean of Engineering, 104 Marston Hall, Iowa State University, Ames,
IA 50011, USA, Tel.: +1 515 294 5935; Fax: +1 515 294 9273; E-mail:
[email protected]
Abstract: As product life cycles have become shorter, the length of time
required to develop new products (the time-to-market interval) has become a
critical competitive problem for many companies. This paper summarizes some
approaches that can be used to reduce this interval. Companies must change to a
time-based mindset and develop a new design paradigm. Finally, the paper
suggests an approach using real time-to-market data to drive the needed
changes