April 2023 Archive
The 5 stages of the new product development life cycle with TyTek Industries
Are you an entrepreneur with a new innovative idea that you want to develop into a product? We understand it can be a daunting process in grasping your new product development life cycle, as there are many important steps along the way that you need to tackle before you get your product to market. Maybe you have your idea developed, but you’re missing the technical or engineering expertise? Here are 5 stages you need to know in the new product development life cycle.
Let’s tackle the productivity slump: starting with modernizing your management
As the labor challenges continue, more and more workers are “quiet quitting” and businesses all over are asking the same question: how do we tackle the productivity slump? The traditional management style that has been used for decades is no longer effective in today's fast-paced work environment. Companies that still cling to this outdated approach are experiencing this productivity slump, especially the ones who are expecting too much from their staff. Employees are becoming more disengaged and dissatisfied by the day, so in order to thrive in the modern workplace, it's time to modernize. By adopting a more progressive management style that prioritizes collaboration, creativity, and empowerment, we can all work together to reverse the labor challenges.