Sorry for the typo… Share this: StumbleUpon Digg Reddit Filed under: Random Tagged: | Benjamin Franklin , PM Quote of the Day « More on stage gates and project reviews CIO job rotation and commitment to IT value » Like Be the first to like this post. Home About Experience Trap/Complexity Set KM Set Metrics Set Crossderry Blog Entries RSS | Comments RSS Where’s Crossderry read? MORE

Per an earlier post ( here ), it is important to ask how to ensure that stage gates — and project reviews for that matter — are relevant to the project at hand. Make sure that the stage gates match the project phase. It is amazing how many gate reviews are conducted with a single set of questions. The questions in a gate review must match the expected deliverables for that gate. MORE

Leadership in actively and effectively engaging with key stakeholders and sustaining their buy-in ensures the expected business outcomes are realized at each phase or stage gate of the organizational transformation. Guest post from Satish P. MORE

Incremental innovation can be pushed down into the organization where the strategy is clear, decision metrics are understood, and management models like Stage-Gate create a level playing field. So Stage-Gate models can unintentionally kill potentially big ideas. Note: This post was written with Mark Sebell and Jay Terwilliger, managing partners at Creative Realities, Inc., a Boston-based innovation management collaborative. MORE

The “validity” topic focuses you on whether a plan is ready for “prime time” Use this when evaluating early stage gates. . Glen Alleman suggests that you download this and put it to work on projects. However, for some the defense focus and jargon are daunting or off putting. My suggestion for putting this guidance to work: first transform the tables into a checklist or two. . MORE

As an example consider stage-gates, decision points at which time new products are reviewed before moving forward in the development process. Improving innovation is one of the key competencies that companies often look for when replacing a CEO. Yet committees responsible for recommending candidates often grapple with finding the right person for the job when an innovation emperor like Steve Jobs isn’t available. MORE

It tends to be short-term, uses familiar (traditional) metrics and development systems like Stage Gate. Almost every company has a Stage Gate process because they work well for incremental innovation. We are often asked whether the best way to structure for innovation is top-down or bottom-up. The answer is both, but it depends. Bottom-up approaches work well for incremental (keeps you in the game) innovations. MORE

R&D investments have been made, stage/gate processes have been built, creativity training courses have been run, and yet the outputs — exciting new products and services — don't seem to be falling into place. Consider, for example, the UK software company, Red Gate. MORE

Build a stage-gate process for ideas to be introduced and developed. Regulating the Idea Machine (Entrepreneur). Entrepreneurs are Idea Machines. They produce a terrific volume of ideas–some that are pure gold, some that aren’t. MORE

One financial services company we know reviews the viability of the business case at every major stage gate. IT leaders have long embraced the idea that the role of the IT unit, and of enterprise IT systems, is to enable business. MORE

The companies did reasonably well on making decisions using a formal process and managing projects using a disciplined approach (such as the stage/gate methodology). Last year, I worked with Accenture on a study of its largest clients to learn what the leaders of these mega-corporations had on their minds amidst all of the uncertainty they face. The headline: After years of taking a back seat to survival skills, growth is back on the agenda in a big way. MORE

Be sure that your innovation process stage gate isn't a taste test amongst folks with merely a mainstream palate, but ones that reflect the appropriate variety in the market. With Florida's results now counted, the finally election tallies are nearly complete: According to the current estimate, President Obama beat Mitt Romney with a 3% margin in the popular vote and a 21% margin in the Electoral College. This electoral-to-popular vote ratio was the 4th highest since 1900. MORE

Executives realized that to do this, they would need to reallocate some of the company’s innovation resources from late-stage product enhancements to early-stage product breakthroughs. Can you think of any business topic that’s been hotter for longer than innovation? MORE

The general way around this problem seems simple enough — have a process by which you evaluate ideas in different ways at different stages of development (most call this a "stage-gate process."). "Make sure you ask the right questions at the right time." That's one memorable piece of advice from a leader at a global innovation powerhouse. Unfortunately, it is a piece of advice that is heeded too infrequently inside large companies. MORE

Stage-gate specific metrics, i.e. projects moving from one. stage to the next. Kenneth Andersson. The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. MORE

Venture Capital Strategy Startups Start-up Stage-gate Prototype Innovation Glengary Funding Experiment Entrepreneur Business PlanningHumans are one of the few mammals whose babies are not fully developed at birth. Unlike horses, whales, etc., human babies can’t stand, walk, or forage on their own at birth. They are totally dependent upon adult humans for constant, continual support just to live. We are used to this, we accept it, we don’t expect anything different. MORE

Per my comment, &# gates&# (we call them Q-Gates) are pointless if they aren’t closely tied to the status, progress, and forecast of the deliverables in question. Back in the day, too many “gates&# didn’t vary enough during the project lifecycle…too many “gates&# were simply an occasion to run through a generic checklist. It will make you look twice at whether your stage or Q-gates are there only for show. MORE

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So, how would you prepare for a stage gate meeting that includes a "Go/No-Go" decision on continuing to develop a specific product? Just as crucial is the methodology- asking the right questions from the outset that are relevant to the gate decision. MORE

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In Bartz’s case, there is a queue of TPSE to work through before they stage gate the emerging ideas against strategy alignment. MORE

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