This third course in the product development specialization discusses the business side of product development. The course begins with an overview of marketing and pricing strategies, and how company’s price their products today. Learners are then introduced to the project’s financial business case, defining key financial metrics such as NPV, IRR and Payback Period. The course then shows how to make an effective presentation these to the executive office for funding. The course concludes with a discussion of sustainability and how to design innovative products for a circular economy. Throughout the course, the student is challenged to continue developing their own product idea, one they have followed throughout the specialization.

Product Innovation Management

Product Innovation Management
This course is part of Product Development for Technical Managers Specialization

Instructor: Michael J. Readey, Ph.D.
Access provided by Rothschild & Co. Wealth Management UK
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What you'll learn
How to design a compelling marketing brochure.
How to create a spreadsheet of a financial business case.
How to construct a prototype of your product concept.
Skills you'll gain
- Sustainable Business
- Marketing
- Corporate Sustainability
- Financial Analysis
- Commercialization
- Business Marketing
- Marketing Strategies
- Product Management
- Presentations
- Product Development
- Business Metrics
- Sustainable Design
- Market Dynamics
- Financial Modeling
- Cash Flows
- Product Strategy
- New Product Development
- Product Lifecycle Management
Details to know

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Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate

There are 5 modules in this course
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Build toward a degree
This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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