This paper is designed to help CEOs, CFOs, and senior Engineering executives understand how and where to leverage the growing phenomenon known as Global Product Development as a means to gain a dramatic increase in productivity within their product development operation. For companies pursuing growth opportunities, this productivity increase can materialize into increased capacity and capability within a constant cost structure.

For companies pursuing increased profitability levels, the same productivity increase can be monetized as reduced costs and improved profits within a constant capacity. Either way, the benefit to a company and its shareholders is significant.