What proven best practices enable product leaders to master complexity and navigate
How do they transform their products in the face of rapidly evolving customer needs?
How do innovators develop new models to withstand supply chain shocks?
What we did
Given the urgent need for an innovation mindset, both in times of severe
crisis and in times of uninterrupted growth, Arena Solutions partnered with innovation expert Robert Tucker to interview leaders from a diverse
range of cutting-edge companies. The expertise and best practices they shared culminated in a report aimed at
helping high-tech and med-tech organizations navigate a changing world and define the next wave of
Time-Tested Insights from Innovation Leaders
Don’t think product, think platform
Leading-edge companies may start with a core product – a stationary bike, a medical device, a satellite
terminal – but they quickly build out an entire set of complementary products, services and even communities
that create, not a standalone product, but an entire platform.
Make the complex simple
To be adopted, an innovative product must solve real problems. That’s a given. But what drives that
adoption is a simple and reliable user experience. Creating such an experience is a complex task, but also
reveals that reduction of complexity is often the heart of true innovation.
Align stakeholders around a single source of truth
Consistent innovation requires that all stakeholders, including supply partners, be on the same page.
Communication and visibility must be maintained across the entire process, both to foster collaboration and
foresee emerging complications. For this reason, investing in systems that maintain a single source of truth
“In these uncertain times, the need for innovation has only become more pressing. I’m
grateful to all the leaders who took the time to share their insights and hard-won lessons with us. Their
generosity will enable many other product innovators to persevere and continue to change our world for the
better. In highlighting these new operating principles of product innovation, we aim to help companies
overcome the challenges ahead and not just survive, but thrive by bringing new innovations to life.”
President and Chief Executive Officer
Arena Solutions helps innovative electronic high-tech and medical device companies create products that
change the world. Arena unifies product lifecycle (PLM) and quality management (QMS) processes, allowing every
participant throughout the product realization process from design to manufacturing to work together. With
Arena, teams accelerate product development and delivery to increase profits. For more information, visit ArenaSolutions.com.