Welcome back, Innovators! This week, we will deep dive into the topic of starting on your Product Specification. Also called Product Specs, it is  a document with a set of requirements that provides product teams the information they need to build out new features or functionality. How To Begin: Find Out What Your Competition Is […]

What’s up Innovators? Today, we’ll take a deep dive into one of the first and most important step in the Product Development which is the Identify Stage. What does it really mean to identify? Again, we are using a very simple framework at Hill Innovative Solutions. It has an acronym I-D-E-A: Minimizing The Risks We

Today, I want to talk about something that is actually near and dear to my heart. And this is something that I had heard off and on throughout my career. I’ve heard it off and on throughout my life but never knew a lot about and nor really partaking in, until about a year ago.

Follow along as I breakdown the process of New Product Development. An overview of the process that Big Rocks Engineering uses in our everyday execution of projects. Speaker: Mike Hill Full Video: https://www.youtube.com/watch?v=NAEA54iBFCM&t=6s Hill Innovative Solutions, now Big Rocks Engineering is a new product development company where we work with inventors, entrepreneurs and small business

The ‘power of innovation’ is a phrase that sounds like a corporate tactic or slogan, a secret talent worthy of only the rich and powerful. Actually, the power of innovation is an innate quality that we all possess. If you tend to marvel at the creativity of others, you may be surprised that you can create and

Everyone wants the next best idea. The organization that fails to continually innovate new products and services will not survive long. But not all innovations produce commercial success. A new business idea must offer customers exceptional utility at an attractive price, while delivering a tidy profit. According to Peter Drucker (Harvard Business Review, 2002), most innovative business ideas emanate from

Every money making opportunity that you see boils down to one common thing: idea. And as we are all aware of, the best and most inventive ideas pay. What is even good about ideas is — it’s free! Anyone can come up with ideas. But to be inventive and creative, you need to have the

Having a competitive advantage over other businesses targeting the same market as yours is a basic, survival must: many choose to develop long-term relationships with their customers, in an attempt to create such competitive advantage. Knowing your customers is crucial, and it is quite a different thing from knowing their buying behavior. It is every