This summary is based on the points for the exam preparation sessions: Constructs, key findings, key take-aways and link to topics from previous lectures and articles.
1ZM16 Management of
Product Development
Article’s Summary
,Lecture 1
The Stage-Gate® idea-to-launch process: Update, what’s new, and NexGen
systems. Cooper, R.G. (2008).
Key constructs
Stage-gate Conceptual and operational map for moving new product project from idea to
launch and beyond. Blueprint for managing NPD process to improve effectiveness
and efficiency.
Stages Innovation process visualized as a series of stages. Each composed of set
of required or recommended best-practice activities needed to progress the
project to the next gate.
- Each stage designed to reduce key project uncertainties and risks
- Each stage project costs increase, unknowns and uncertainties driven
down.
- Activities parallel by team of people from different functional areas.
- Each stage Cross-functional
Value stream map Identify and document value streams: connection of all process steps with the
goal of maximizing customer value.
Key findings
Next-generation stage-gate built ins
Making the system more:
- Scalable Scaled to suit different types and risk levels of projects. Higher the risk, the
more one adheres to the full five-stage process.
, - Flexible Not a standardized process. Simultaneous execution overlap activities.
- Adaptable Adjusts to changing conditions and fluid unstable information. Spiral or
agile development is built in -> built-test-feedback-and revise iterations
Spiral development: Bridge between need for clear product definition
before development begins vs need to be flexible and adjust products
design to new information and fluid market conditions. Allows to incorporate
customer feedback into the design.
Lean, removing waste and inefficiency -> value stream
Building in better governance:
o Use of scorecard to make better go/kill decisions.
o Employing success criteria at gates.
o Self-evaluation as an input in each gate.
o Displays of in-process metrics at each gate.
o Integration with portfolio management. (less in-depth)
o Leaner and simpler gates.
Incorporating accountability and continuous improvement
- Performance metrics
- Team accountability for results
- Building in learning and improvement
Adapting the system to include open innovation
Closed innovation: inputs from internal and external sources.
Open innovation: Companies loop inside and outside across three aspects of innovation process: ideation,
development and commercialization.
Key take-aways
Errors and fail points
- Governance process:
o Gates with no teeth.
o Hollow decisions at gates.
o Who are the gatekeepers?
o Gatekeepers behaving badly.
- Misapplying cost-cutting models to innovation projects:
o Six Sigma
o Lean manufacturing
- Trying to do portfolio management without a stage-and-gate process.
- Too much bureaucracy in idea-to-launch process:
o Deliverables overkill.
o Demanding much non-value-added work.
- Too much reliance on software as a solution.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper TUEIM. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €6,49. Je zit daarna nergens aan vast.