News Release
Stage-Gate Inc. launches new product to help organizations manage fragile Technology Development projects.
ANCASTER, ONTARIO, CANADA – May 29, 2006 - Stage-Gate
Inc., a Member Company of the Product Development Institute,
today announced the release of their latest product, SG
Navigator™ Specialty Edition for Technology Developments.
Technology Development projects are a special breed of
R&D projects: they typically represent a small proportion
of effort in a company’s development portfolio, but
are vital to a company’s long term growth, prosperity
and sometimes even survival.
According to Dr. Robert G. Cooper and Dr. Scott J. Edgett,
companies find it difficult to manage such venturesome
projects and traditional management techniques will only
cause more frustration and damage.
“
The conclusion at a PDMA Conference that focused on technology
developments and fuzzy front-end projects was that many
companies have dramatically improved development cycle
time and efficiency by implementing formal Stage-Gate® systems,
but that the front end remained a mystery. The consensus
was that some type of rigorous stage-and-gate process is
desirable for TD projects; but the process must be custom-designed
for these types of projects.”
SG Navigator™ Specialty Edition for Technology Development
is Cooper and Edgett’s authentic Stage-Gate® Process – custom
tailored to handle the unpredictable nature of these types
of projects. “We’ve assembled a very rich collection
of innovation knowledge through our best practice research,
benchmarking studies and consulting experiences with leading
organizations in this industry” reports Michelle
Jones, Vice President of Product Innovation. “This
new edition contains unique scorecards to accommodate product
and process developments, non-financial evaluation criteria,
and worksheets and templates to guide teams through the
creation of Technology Roadmaps, Research Reports and Business
Cases. Most importantly, it guides organizations through
the critical Applications Path to ensure effective transfer
and commercialization of technology.”
About the SG Navigator™ product
line
SG Navigator™ is designed with one goal in mind – to
help organizations save time and money when implementing
a Stage-Gate® Innovation Process. Its intuitive web
interface guides each key player (ranging from decision
maker to team member) through all of the critical activities
from idea through to successful product launch (ranging
from marketing to technical, business analysis and financial
activities), following the authentic Stage-Gate® model.
This product aims to get all of the critical players on
the same page and very quickly. In addition to the Standard Edition, SG Navigator™ is
available in three Specialty Editions; Food Industry, Service
Industry and Technology Developments.
For more information visit www.stage-gate.com or to schedule
a presentation of SG Navigator™ Specialty Edition
for Services, contact Michael Booker at +1-905-304-8797 or
by email at
.
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