New product development…an early indicator of recovery?

At the recent Arena Fall 09 launch event, we asked 200+ customers what their companies are planning to do in the next 6 months to move their businesses forward. I expected to see cautious optimism…and there was a lot of that. But one response was a (very pleasant!) surprise – 58% of respondents said they were planning to develop new products in the next 6 months. Here are the full results:


pollChart2

What about you? What is your company planning to do in the next 6 months? Is new product development (NPD) on your list? If so, will you approach the NPD process any differently than you have in the past?

  • http://www.creeksideconsultinggroup.com Mark Holman

    In the glass is half empty category, does this imply that 42% of companies DON’T plan to develop new products next year? Or worse, they are, but don’t expect them to have any impact? I hope 42% of people just “missed” this question.