Innovation Team Plan

1 Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

1 Why this new R&D Team ,[object Object],[object Object],[object Object],[object Object],[object Object]

2 Vision, Strategy & Objective ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What is Stage-Gate? Deliverables Schedules Issues Resources Toolbox Stage-Gate Process

What is Stage-Gate? Decision Point Reviews Structured Business Process ,[object Object],[object Object],[object Object],Management Approval Team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Core Teams ,[object Object],[object Object],[object Object],[object Object],1 2 3 4 Chair Lead Ideas Projects proposed Projects executed Mediocre Products, Discontinued Products, Flops Successful Products Projects canceled

What is Stage-Gate? /Or Phases /Or Decision Point Task Owner View Management View

A Generic Stage-Gate New Product Development Process Idea PIR Stage 1 Stage 3 Stage 2 Stage 4 Stage 5 Gate 1 Gate 2 Gate 3 Gate 4 Gate 5 Ideation Initial Screen Preliminary Investigation Detailed Investigation (Build Business Case) Second Screen Decision on Business Case Development Post development Review Pre commercialization Business Analysis Post implementation Review Testing and Validation Full Production and Market Launch

Product, Development and Review Process Stage Gate Product and Technology Development and Review Process

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object]

Stage Gate Product and Technology Development and Review Process Stage Gate Concept is Quite Simple… 1. Break product development into stages, 2. Put “Stage Gate Review” decision blocks in the process flow… G 1 A 1 A 2 A 3 G 2 I 1 I 2 O 2 O 1 Stage Gate Development Process Stage Gate Review Process

Stage Gate Product and Technology Development and Review Process All Gates work the same way… At the end of each development stage, you hold a stage gate review to determine if you should: - Go to the next stage, - Remain in the current stage, - Put the project on hold, - Kill the project. Continue A A Redirect Kill Hold G

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Continue A A Redirect Kill Hold G This is what your “ final ” project presentation could look like next year.

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],About picking the projects that will have the biggest impact on your business

Stage Gate Product and Technology Development and Review Process OK, but how do we decide what the decision will be? - Continue? - Redirect? - Hold? - Kill? Well, let’s look inside of a gate… Continue A A Redirect Kill Hold G

Stage Gate Product and Technology Development and Review Process Gate Decision Elements: Does this project make business sense: ~ Strategically? ~ Financially? ~ Technically? Has the team completed all the activities and deliverables in a quality fashion? What is the impact relative to other projects? Are people and money available? Is this a “good” project? All information needed? Yes No Kill Hold Continue Re-Direct What is its priority? Yes High No Low

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object],Pet Projects

Stage Gate Product and Technology Development and Review Process Who Should Attend the Review? R = Recommend V = Vote * = “Paying” means providing money and/or people Note: a particular individual may play more than one role. Stage Gate Review Executors (R): Running the current project Experts (R): Validating project deliverables Customers (V): Receiving next project outputs Suppliers (V): Asking for next project Investors (V): Paying* for next project

Stage Gate Product and Technology Development and Review Process Who Will Attend YOUR Review? Stage Gate Review Executors (R): Running the current project Experts (R): Validating project deliverables Customers (V): Receiving next project outputs Suppliers (V): Asking for next project Investors (V): Paying* for next project

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],Here are some rules…

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],[object Object]

Stage Gate Product and Technology Development and Review Process ,[object Object],[object Object],[object Object],[object Object],Reality 1 $10M ~$5M Stage Projects Killed Cost Per Total Cost Cost of Killed A 60 45 $50K $3M $2.25M B 15 11 $200K $3M $2.20M C 4 1 $1M $4M $1M

Stage Gate Product and Technology Development and Review Process Reality 6 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What grade would YOU expect for a killed project?

Why Use Stage-Gate? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Performance Measurement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Critical Success Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Ideas Lineup – The Starting Point Google Map API integration 18 Portal Development for Agro segment, Helth & fitness, New tech, Sports, Localize SMS Students & Job (Top 5 Category/Growth rate) 17 Agile Software Development Process - Initiation 16 The Stage – Gate approach - R&D Process Implementation 15 User Experience Design - Articture/framework , tools, Util. etc. 14 Knowledge Base Blog & IT Infrastructure Library ITIL 13 Online surveys application 12 The Balanced Scorecard 11 Project Management tool - open source 10 OpenSocial - Google open source social media apps 9 Service Delivery Platform (SDP) - Server Establishment 8 Revenue sharing business model of MVAS 7 Viral tools:MMS greeting cards, send-a-friend mechanisms, etc. 6 Mobile CRM 5 Mobile Installable Application, tools, utilities, Mobile goodies 4 LBS-based Mobile Marketing 3 Mobile Marketing - SMS, Voice, WAP 2 mPoint - Mobile portal for Contests, Game, Downloads, community, helpdesk, loyalty program, Nearest Dealer's location, surveys , eLearning, what's new etc. and many more upcoming trends in mobile users (3G & 4G) Send SMS and download theme, wallpaper, ringtone etc. Localize SMS & Localize content on mobile web 2 way SMS integration with Web Lead Management Enterprise Mobile Value Added Services (Mobile VAS) 1

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