Sustainable product development

Sustainable product development (SPD) is a method for product development that incorporates a Framework for Strategic Sustainable Development (FSSD), also known as The Natural Step (TNS) framework. As the demand for products continues to increase around the world and environmental factors like climate change increasingly affect policies - and thus business - it becomes more and more of a competitive advantage for businesses to consider sustainability aspects early on in the product development process.[1]

References

  1. Mike Gordon, Chris Musso, Eric Rebentisch, and Nisheeth Gupta (January 2010). "The path to successful new products". McKinsey Quarterly. Businesses with the best product-development track records stand apart from their less-successful peers in three crucial ways

Literature

See also


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