Identification of Exogenous Disturbances of Product Development

In the context of sustainable management, organizational resilience is gaining importance. Crises usually result from the combined occurrence of disturbances. Manufacturing companies are increasingly exposed to exogenous disturbances. Although several concepts such as PESTLE-Analysis and Porter'...

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Bibliographic Details
Published in2024 Portland International Conference on Management of Engineering and Technology (PICMET) pp. 1 - 8
Main Authors Riesener, Michael, Keuper, Alexander, Tittel, Jonas, Bobmann, Carsten, Menning, Alexander, Schuh, Gunther
Format Conference Proceeding
LanguageEnglish
Published PICMET 04.08.2024
Subjects
Bibliographies
Companies
Costs
Decision making
Manufacturing
Product development
Risk management
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Summary:In the context of sustainable management, organizational resilience is gaining importance. Crises usually result from the combined occurrence of disturbances. Manufacturing companies are increasingly exposed to exogenous disturbances. Although several concepts such as PESTLE-Analysis and Porter's Five Forces address exogenous disturbances in the context of risk management strategy, current literature does not provide an extensive overview of relevant disturbances. This makes it difficult for companies to prepare systematically for external influences, and thus jeopardizes the resilience of manufacturing companies. Crisis-resistant product development is of particular importance, as innovative products offer a promising opportunity to create competitive advantages and thus secure the company's existence or even enable a company to increase its market share in the event of a crisis. This paper presents the relevant disturbances of product development. Based on a literature review, exogenous disturbances are identified followed by a structured consolidation. The results are filtered to the exogenous disturbances relevant to product development using suitable evaluation criteria. The approach is transferable to other corporate functions.
DOI:10.23919/PICMET64035.2024.10653281