Three Minute Features Video:

  • Command Center Home
  • Opportunity Identification
  • Systematized Approach
  • Needs Assessment
  • End-to-End Management
  • Scaling Mechanism
  • Plan & Performance Monitoring
  • Document Management
  • Compliance & more…

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Praxie’s AI-powered Innovation Stages & Gates software transforms complex process steps into actionable data insights and significantly boosts productivity of your unique workflows.
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Innovation Stages & Gates Manager Overview

An Innovation Stages & Gates Manager for innovation is a strategic framework and toolset designed to identify, cultivate, and scale new areas of business potential within an organization. Typically employed by forward-thinking leaders, innovation teams, and business strategists, its primary function is to systematically pinpoint opportunities, allocate resources, and manage the end-to-end innovation process. By doing so, it aids organizations in staying ahead of market curves, diversifying their portfolios, and ensuring long-term relevance. The inherent value of a Growth Platforms Manager lies in its capacity to drive sustainable growth, foster a culture of continuous innovation, and ultimately enhance competitive advantage in an ever-evolving business landscape.

Innovation Stages & Gates Manager Details

The Innovation Stages & Gates is a comprehensive toolset and methodology designed to shepherd organizations through the complex landscape of innovation, ensuring a structured approach to identifying, nurturing, and scaling new growth opportunities. With the rapidly changing business world, having a systematized approach to innovation becomes pivotal, and GPM provides just that.

  1. Opportunity Identification: At the heart of Innovation Stages & Gates is the ability to systematically spot potential growth areas, be it emerging markets, novel product ideas, or transformative processes, which can lead to sustained growth.
  2. Resource Allocation: Once an opportunity is identified, Innovation Stages & Gates aids in ensuring that the right resources – both human and financial – are allocated effectively to maximize outcomes and mitigate risks.
  3. End-to-End Management: Innovation Stages & Gates isn’t just about starting an innovative project; it’s about seeing it through. From conception to execution, every phase is meticulously managed to ensure alignment with the organization’s broader goals.
  4. Iterative Learning: Integral to the Innovation Stages & Gates process is the emphasis on continuous learning. Feedback loops are established to capture insights, which are then utilized to refine and optimize ongoing and future initiatives.
  5. Scaling Mechanism: Once an innovative idea has been tested and validated, Innovation Stages & Gates provides the tools and strategies necessary to scale it, ensuring that the organization can capitalize on its full market potential.
  6. Culture of Innovation: Beyond tools and processes, Innovation Stages & Gates instills a culture of innovation within organizations. It ensures that innovation is not a one-off effort but an ingrained aspect of the company’s ethos.

In the contemporary business milieu, innovation isn’t just a buzzword; it’s a necessity. The Innovation Stages & Gates Manager is more than just a tool or a process; it’s a comprehensive approach to ensuring that organizations remain agile, competitive, and ahead of the curve. By adopting and implementing Innovation Stages & Gates, companies are not only investing in their present but are also laying a strong foundation for a future filled with growth, resilience, and market leadership.

Innovation Stages & Gates Manager Process

Introducing the Innovation Stages & Gates into an innovation organization requires meticulous planning, collaboration, and strategic foresight. Given the nature of innovation organizations, which are often dynamic and fast-paced, the introduction of such a framework must be both systematic and adaptable to ensure it complements existing processes and adds value. A project manager leading this initiative would typically follow the steps below:

  1. Needs Assessment: Begin by evaluating the current innovation processes and identifying areas of improvement or gaps. Success lies in having a clear understanding of organizational requirements and how Innovation Stages & Gates can cater to them.
  2. Stakeholder Buy-in: Engage key stakeholders, from leadership to team members, discussing the benefits and implications of Innovation Stages & Gates. A successful transition often hinges on the collective understanding and acceptance of this new approach.
  3. Customization and Configuration: Tailor the Innovation Stages & Gates toolset to align with the organization’s specific needs and objectives. It’s critical that the tools provided are both relevant and user-friendly to foster adoption.
  4. Training and Workshops: Organize comprehensive training sessions and workshops for all users to ensure they are comfortable with the Innovation Stages & Gates methodology and tools. The more proficient the users, the smoother the transition.
  5. Pilot Implementation: Roll out GPM in a controlled environment or on select projects to test its efficacy and gather feedback. A successful pilot phase can act as a testimony to the benefits of Innovation Stages & Gates, facilitating broader organizational adoption.
  6. Feedback and Refinement: Collect feedback post-pilot, identifying areas of refinement and making necessary adjustments to the GPM setup. The ongoing success of Innovation Stages & Gates will often depend on its adaptability to evolving organizational needs.
  7. Full-Scale Rollout: With refinements in place, extend the Innovation Stages & Gates implementation across the entire organization, ensuring regular monitoring and support mechanisms are established. Success at this stage is measured by organization-wide adoption and noticeable improvements in innovation management.

Introducing the Innovation Stages & Gates to an innovation organization is a structured journey, anchored in understanding, collaboration, and adaptability. A project manager must ensure that each step is executed with diligence and foresight. Key to the success of this endeavor is the recognition that while tools and processes play a significant role, it is the people and the culture that truly drive innovation. The project manager’s role is thus to harmoniously integrate Innovation Stages & Gates, ensuring it enhances the organization’s innovative spirit rather than stifling it.

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Your Innovation Practice Lead

Soren Kaplan

Soren Kaplan has been recognized by Business Insider and Thinkers50 as one of the world’s top thought leaders in business strategy, innovation and the consulting industry. Soren is also a Wall Street Journal bestselling and award winning author of two books, an Affiliate at the Center for Effective Organizations at USC’s Marshall School of Business, a columnist for Inc. Magazine, and a globally recognized keynote speaker. He has consulted to and advised Disney, NBCUniversal, Kimberly-Clark, Colgate-Palmolive, Hershey, Red Bull, 3M, Medtronic, Roche, Philips, Cisco, Visa, Nucor, McKesson, Ascension Health, Cigna, CSAA Insurance Group, the American Nurses Association, AARP, and numerous others.