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Product Innovation Articles |
Feature
Article
Best Practices in the Idea-to-Launch Process and Its Governance
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Most firms now use some form of idea-to-launch process
such as a Stage-Gate® system. The question is: Do
these processes really work? And what are the elements
of a best-in-class idea-to-launch system that really
make a difference? A second and related question concerns
the governance of the idea-to-launch model. Sadly, there
is a lack of hard evidence as to what governance structure
works best and just what its impact is, if any. This
article reports the results of a study of new-product
development practices at 211 businesses, and provides
insights into best practices in both the idea-to-launch
process and its governance that are strongly connected
to positive innovation performance.
Reference
No. 45 |
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The
Innovation Dilemma: How to Innovate When the Market Is Mature
Dr. Robert G. Cooper
For most companies, product development has meant line extensions, improvements, and
product modifications, and only serves to maintain market share. Furthermore, markets
aren't growing, so firms increasingly compete for a piece of a shrinking pie by introducing
one insignificant new product after another. In this article, you will discover how
bold innovations — breakthrough products, services, and solutions – create
growth engines for the future. Uncover the latest research findings and Cooper's five
vectors that must be in place to yield bolder, more imaginative development projects.
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Voice-of-Customer Methods: What is the best source of new-product ideas?
Dr. Robert G. Cooper & Angelica Dreker
If you are not employing VoC to generate new product ideas, then you are missing some
major innovation opportunities. Robert Cooper outlines eight different VoC methods
designed to generate robust or game-changing new product ideas. The majority of businesses
today are not yet employing these methods extensively, or they are not using them correctly
or consistently. Find out how the best performing businesses are reaping the benefits
of using VoC to generate great new product ideas to feed their development funnel.
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Developing a Product Innovation and Technology Strategy for Your Business
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Design your innovation process for today’s innovation requirements – a
faster, leaner, more agile and more focused system. Reinvent your process to build-in
the latest thinking, approaches and methods to move to the next-generation Stage-Gate
system. In this article you will learn some of the ways that companies have modified
and improved their idea-to-launch methods. If your idea-to-launch system is more than
five years old then it’s time for a serious overhaul.
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How Companies are Reinventing Their Idea–to–Launch Methodologies
Dr. Robert G. Cooper
Design your innovation process for today’s innovation requirements – a
faster, leaner, more agile and more focused system. Reinvent your process to build-in
the latest thinking, approaches and methods to move to the next-generation Stage-Gate
system. In this article you will learn some of the ways that companies have modified
and improved their idea-to-launch methods. If your idea-to-launch system is more than
five years old then it’s time for a serious overhaul.
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EFFECTIVE GATING Make product innovation more productive by using gates
with teeth
By Dr. Robert G. Cooper
Most firms suffer from having far too many projects in their product development pipelines,
for the limited resources available. Worse yet, the great majority of initiatives are
low value projects to the corporation. While your company might have installed a Stage-Gate® system,
the gates – vital decision-making and resource allocation points – often
lack teeth.
This new article, authored By Dr. Robert G. Cooper, explains how “Gates with
Teeth” help to prune the development portfolio of weak projects, and deal with
a gridlocked pipeline.
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Accelerate Your ‘Best’ New Product Projects
Dr. Robert G. Cooper
The tough economy has become a new source of motivation for executives looking to
implement ‘good sense’ practices. Of particular interest is the best practice
of deploying a systematic, disciplined approach to yielding wise investment decisions
and sound resource allocations to accelerate your best projects’ time-to-profit.
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Make Your New Product Process Agile and Adaptable with Spiral Development
Dr. Robert G. Cooper
Smart, fast failures via spiral development is a practice worth implementing suggests Dr. Robert Cooper
in this brief Best Practice Series article. The most strongly correlated driver of profitable new
product success is a superior product. According to Dr. Robert Cooper, you stand to win a resounding
98% of the time if you can get the right customer input at the right time throughout the stages of a
disciplined Stage-Gate process. How does one balance the need for speed, a sharp product definition
and adapting to changing customer information? Dr. Cooper outlines 6 specific points throughout your
idea-to-launch process when you should be tapping into your customers for feedback.
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What Leading Companies are Doing to Re-invent their NPD Processes
Dr. Robert G. Cooper
The original design of Stage-Gate® was based on Dr. Robert Cooper’s research results
of his groundbreaking studies of successful NPD project teams – how they drove their projects to
market quickly and effectively. Today, leading companies are reinventing their innovation processes,
making them faster, leaner, and more effective. At the same time, they are building in best practices
in portfolio management, voice-of-the-customer methods, open innovation, ideation techniques, and so
on. In this article, Dr. Cooper outlines some of the actions that leading firms – such
as Emerson Electric, Johnson & Johnson, Procter & Gamble, ITT Industries and GlaxoSmithKline – are
taking as they move toward a NexGen Stage-Gate system.
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Ten Tips for Successfully Implementing a Stage-Gate® Product Innovation
Process
Dr. Scott J. Edgett & Michelle Jones
In this article Scott Edgett and Michelle Jones share the top ten lessons that have stood the test of
time as different organizations have designed and implemented their own Stage-Gate processes. Each of
these tips will contribute to the speed of adoption and the ultimate ‘stickiness’ of the
process within your organization. As product innovation is a critical competitive weapon in helping your
organization achieve its strategic goals for growth, the effort invested in developing an implementation
plan will provide repeated payoffs in the future.
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Benchmarking Best Practices: Performance Results and the Role of Senior
Management
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Senior Management must lead the way in New Product Development By providing both the leadership and commitment
of necessary resources. The Best Performing Companies identified in the ‘Best Practices in
Product Innovation Benchmark Research Study’ conducted jointly By Dr. Robert G. Cooper, Dr. Scott
J. Edgett with the American Productivity and Quality Center, clearly demonstrate leadership commitment
on a variety of dimensions. This executive summary highlights the top 8 practices of leaders of
the top performing companies.
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Perspective: The Stage-Gate
Idea-to-Launch Process – Update, What’s New and NexGen Systems
Dr. Robert G. Cooper
Stage-Gate has become a popular system for driving new products to market; but there are many misconceptions
and challenges in using Stage-Gate.1 Challenges faced in employing Stage-Gate are identified including
governance issues, over-bureaucratizing the process, and mis-applying cost cutting measures such as Six
Sigma and Lean Manufacturing in product innovation. Solutions are offered, including better governance
methods: “gates with teeth”, clearly defined gatekeepers and gatekeeper rules of engagement;
and ways to deal with bureaucracy, including leaner gates.
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Ideation for product innovation:
What are the best methods?
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Surprisingly, little research has been done to evaluate the burgeoning number of techniques and methods
used in the front end of product innovation, particularly ‘ideation’, where ideas come
into the funnel before they are weeded out and evaluated. In this first-of-a-kind study, Dr. Robert
Cooper and Dr. Scott Edgett shed light on the comparative value of 18 of the most popular ideation sources
including Voice of the Customer, Open Innovation and the Disruptive technologies methods. This
article, published in PDMA’s Visions magazine in March 2008, outlines the results of the research.
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Maximizing Productivity In Product Innovation
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Recent evidence suggests that productivity in new product development (NPD) is declining; that is, we
are seeing less output (measured in terms of impact on the business) for the same relative spending level.
This article outlines seven practices or principles which, according to studies of NPD practices and
performance, will increase NPD productivity after they are embraced.
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The Thought Column with Bob Cooper, Creator of the Stage-Gate® Idea-to-Launch
Process
Dr. Robert G. Cooper
Productivity in new product development (NPD) is down when measured By output over
input. Companies are still spending the same amount of money on R&D as a percentage
of sales that they always did; but the percentage of sales from new products was down
from about 32% to 28% over a 10-year period. This is about a 14% drop in NPD productivity,
which is a significant cause for concern. Download this article and find out how to
improve your NPD productivity.
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Winning Business In Product Development: The
Critical Success Factors
Dr. Robert G. Cooper & Dr. Elko J. Kleinschmidt
A formal new product process isn’t enough – you need a high-quality process,
a clear and visible strategy, enough people and money, and a respectable R&D budget.
How does your program rate on these 10 metrics?
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Managing Technology Development Projects - Different Than Traditional Development Projects
Dr. Robert G. Cooper
The fact is that traditional systems just don’t work for Technology Development
projects. Why? Traditional new product processes are designed for fairly well-defined
and predictable projects. But TD projects are, By their nature, high risk projects
with many unknowns and great technical uncertainties. Download this article and learn
what leading companies are adopting to handle these vital TD projects.
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10 Ways to Make Better Portfolio and Project Selection Decisions
Dr. Robert G. Cooper and Dr. Scott J. Edgett
Good portfolio management (PM) is a key to success in New Product Development (NPD). But good PM still
frequently eludes even the biggest brightest corporations. In this article, Bob Cooper and Scott Edgett
outline ten ways to make better portfolio and project selection decisions.
Keywords: NexGen Stage-Gate®, lean, rapid, innovation productivity,
scalable
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Formula for Success in New Product Development
Dr. Robert G. Cooper
Many businesses use the Stage-Gate® process to conceive, develop, and launch new products.
As proficient companies have implemented, modified, adapted, and improved methodology, it has morphed
into a faster, leaner, and more effective tool. The next generation process, or NexGen Stage-Gate® builds
in seven principles of lean, rapid, and profitable new-product development to maximize productivity in
product innovation.
Keywords: NexGen Stage-Gate®, lean, rapid, innovation productivity,
scalable
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Winning at New Products: Pathways to Profitable Innovation
Dr. Robert G. Cooper
What are the secrets to success in new product development (NPD) that these winning businesses share?
This whitepaper highlights the key factors and drivers that distinguish the best performing business
in NPD from the rest. Those factors and drivers that are common across high-productivity, best performing
businesses in NPD were uncovered in a recent and major APQC study into best practices. Prescriptions
on how to translate these best practices into action in your business are also outlined in this paper.
Keywords: Stage-Gate®, APQC, benchmarking, success drivers, best practices
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Succeeding at New Product Development the P&G way: A key element is using the “Innovation
Diamond”
Dr. Robert G. Cooper & Michael S. Mills
New products are engines to growth and profitability for many companies, including Procter and Gamble
(P&G). In this article, the authors explore the drivers of new product performance with a particular
focus on P&G’s best practices. The “Innovation Diamond” is used as an integrative
and guiding framework to help management focus on what’s important to success: innovation strategy,
a solid idea-to-launch process, portfolio management, and the right climate and leadership.
Keywords: Stage-Gate®, The Procter and Gamble Company, Innovation Diamond™,
Leadership, Portfolio Management
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Your NPD Portfolio may be harmful to your business’s health
Dr. Robert G. Cooper
Recent NPD studies contain a number of surprises: Most shocking is that the impact of new product development
(NPD) on the sales and profits of many corporations is down, when looked at in terms of contribution
to total sales and profits. How has this happened, and why? In this article, Dr. Robert Cooper takes
a hard look at the facts and examines a number of possible reasons for this trend. He also provides recommendations
on how companies can rebalance their NPD portfolios to become more profitable.
Keywords: Portfolio, benchmarking, speed, incremental projects, new product projects
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From Experience: The Invisible Success Factors in Product Innovation
Dr. Robert G. Cooper
Dr. Cooper lowers the microscope on the state of product innovation and examines the common reasons for
poor results. The critical success factors are noticeably absent from the typical new product project.
The article outlines how companies can recognize one of the seven common innovation problems that Dr.
Cooper refers to as the new product development “Blockers”
to avoid repeating the same mistakes.
Keywords: Product innovation process, critical success factors, blockers, portfolio
approaches, and capacity analysis
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Overcoming the Current Crunch in NPD Resources
Dr. Robert G. Cooper & Dr. Scott J. Edgett
The resource crunch is a crippling disease sweeping the new product development (NPD) landscape. The
significant gap between resources required and NPD resources available has resulted in many negative
consequences: projects taking too long to market, under-performing new product projects, and development
portfolios that contain too many low value projects. This article explores the resource crunch problem
and its causes, and also offers solutions.
Keywords: Portfolio management, resource allocation, resource deficiencies, pipeline
gridlock and new product strategy
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NPD Practices: The dark side of time and time metrics in product innovation
Dr. Robert G. Cooper & Dr. Scott J. Edgett
Dr. Cooper and Dr. Edgett examine how time and time metrics are having a negative impact on product innovation
today. The effects of two manifestations of this problem are examined in detail: too great an emphasis
on measures of short term profitability and too sharp a reduction in time-to-market. The paper examines
what can be done to counteract these negative pressures and how to enhance the product innovation process.
Keywords: Profitability, metrics, resource planning, speed-to-market, and go/kill
decisions
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Optimizing the Stage-Gate Process – Part 2
Dr. Robert G. Cooper, Dr. Scott J. Edgett &
Dr. Elko J. Kleinschmidt
Dr. Cooper, Dr. Edgett and Dr. Kleinschmidt focus on the methods and techniques that help companies achieve
better project selection and prioritization. The paper examines how to build more effective go/kill decisions
points – tough gates – and to move towards successful portfolio management.
Keywords: Stage-Gate®, portfolio management, prioritization, gate meetings,
and go/kill decisions
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Optimizing the Stage-Gate® Process – Part 1
Dr. Robert G. Cooper, Dr. Scott J. Edgett &
Dr. Elko J. Kleinschmidt
Dr. Cooper, Dr. Edgett and Dr. Kleinschmidt report on their observations and experiences working with
a multitude of companies, and on the practices the companies have incorporated into their product innovation
processes. The following practices are explored in the paper: the addition of a discovery stage at the
front end of the innovation process, harnessing fundamental research more effectively, and building in
more effective go/kill decision points to move towards portfolio management.
Keywords: Stage-Gate®, discovery, voice of customer research (VoC),
fundamental research, and technology developments
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Portfolio Management for New Product Development: Results of an Industry Practices Study
Dr. Robert G. Cooper, Dr. Scott J. Edgett &
Dr. Elko J. Kleinschmidt
This paper reports the results of a survey questionnaire sent to IRI member companies participating in
an ongoing best practices study (results as of October 2001). Dr. Cooper, Dr. Edgett and Dr. Kleinschmidt
examine the consequences of poor portfolio management practices. They outline the results of the study
including the role of portfolio management at the participating companies and why industry considers
it to be so important. The article then examines popular tools, methods and models employed By these
companies to make go/kill decisions and to help prioritize projects.
Keywords: Industrial Research Institute (IRI), portfolio management, tools, models,
and methods.
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Portfolio Management: Fundamental to New Product Success
Dr. Robert G. Cooper, Dr. Scott J. Edgett &
Dr. Elko J. Kleinschmidt
This article reports result from an on-going, large sample research study into portfolio management best
practices. The goals of the research are to study industry current and best practices in portfolio management,
and to gain insights to guide in the design and implementation of superior portfolio management methods.
The article outlines new managerial problems faced in portfolio management. It details how various portfolio
tools and model are employed By managers to make Go/Kill decisions and to help prioritize projects.
Keywords: Portfolio management, methods, new products strategy, project ranking and
prioritization.
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Portfolio Management for New Products: Picking the Winners
Dr. Robert G. Cooper & Dr. Scott J. Edgett
New product portfolio management is about how you invest your business’s product development resources
– project prioritization and resource allocation across development projects. This
paper addresses the four goals of portfolio management and the importance of having an
established, high quality Stage-Gate® system in place.
Keywords: Stage-Gate®, new product process, portfolio management, project
prioritization, and resource allocation.
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Doing it Right – Winning with New Products
Dr. Robert G. Cooper
This paper examines the two ways to win at product innovation: doing projects right and doing
the right projects. Dr. Cooper explores the critical success factors that make the difference between
winning and losing at innovation. He outlines key components of the authentic Stage-Gate® system
and the four goals of successful portfolio management.
Keywords: Stage-Gate®, new product process, critical success factors,
portfolio management, and scoring criteria.
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New Problems, New Solutions: Making Portfolio Management More Effective
Dr. Robert G. Cooper, Dr. Scott J. Edgett &
Dr. Elko J. Kleinschmidt
This article incorporates the results of management interviews conducted with IRI member companies in
an ongoing best practice study (results as of March/April 2000). It isolates the four common difficulties
experienced By the participants along with the proposed solutions. Dr. Cooper, Dr. Edgett and Dr. Kleinschmidt
discuss the benefits of each of the two approaches to integrating a portfolio management process with
a product innovation process, and outline common portfolio management methods and tools used By the companies
in the study to help them to do the right projects.
Keywords: Stage-Gate®, Industrial Research Institute (IRI), portfolio
management, resource capacity analysis, and methods.
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An Investigation into the New Product Process: Steps, Deficiencies, and Impact on Performance
Dr. Robert G. Cooper & Dr. Elko J. Kleinschmidt
In a comprehensive study of 252 new products histories at 123 firms, Robert Cooper
and Elko Kleinschmidt looked critically at the new products management process. Each
company was shown a set of 12 activities which formed a general "skeleton: of a new
product process.
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How New Product Strategies Impact on Performance
Dr. Robert G. Cooper
What is involved in a successful new product program? Is it high spending on risky
R&D? Is it close contact with customers? Is it the overall competitive strength
of the firm? Well, it might be any of these things, and more according to Robert G.
Cooper, depending on your definition of success. In an exhaustive examination of the
new product strategies and performances of 122 industrial products firms, Cooper found
that the strategy that a firm elects for its new product program is closely linked
to the performance results that firm achieves. But what’s performance?
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