Innovation Phases & Gates Process

The Innovation Phases and Gates app allows you to create a portfolio of opportunities and track products and services through their stages, phases and gates. Using a best practice concept template, create an unlimited number of ideas and move them through a defined set of phases, each with a “gate” where you can assess the opportunity. Track and manage everything with a complete innovation phase gate dashboard.

Drive Your Innovation Process

Engage your team using best practice innovation tools & processes

Accelerate Time to Market

Save time & optimize resources with dashboards and project tools that create full visibility

Ensure Success with Expert Guidance

Use expert advice from video tutorials to stay focused and on track

Innovation Phases & Gates Features

Innovation Stages and Gates Dashboard

Configure Your Innovation Process in Minutes

Customize Your Innovation Process

Tailor the innovation process by defining your concept template categories and creating names for the different types of innovation important to you

Define Your Phases

Define names for the phases of your process to connect ideas to clear process steps that are aligned to your own terminology

Use Innovation Best Practices to Guide Your Process

Define Opportunities Using Proven Concept Templates

Add an unlimited number of concepts to your innovation portfolio using our proven best practice template. Customize the template to your unique specifications or organizational requirements.

Move Opportunities through Clear Phases and Gates

Advance opportunities across your pipeline through completing the different sections of the templates and conducting “Gate Reviews” where executive sponsors or innovation councils review and score concepts. Enter scores for each of the gate criteria, including business impact, ease of implementation, opportunity size and overall rating. Quickly and easily customize evaluation criteria and your review process.

Validate Your Assumptions

Use the Concept Validation tool to test and track your key assumptions for each idea.

Define Business Models

The Business Model template outlines the value of the project and includes details such as the problem you are solving and the solution you are bringing. Also included are specifics around what it will cost to bring the project to market and what the revenue streams will be.

Create Financials Inside of Idea Records

Create market forecasts and Total Addressable Market (TAM) analyses to evaluate the market potential for each idea. Rollup forecasts to view financials across multiple opportunities.

Manage Innovations as Projects

Create Implementation Plans for Individual Ideas

Define Implementation Plans for ideas that lay out the specific tasks of each innovation project, including scope, milestones, budgets and more.

Track Project Timing and Status

Setup and view innovation projects as lists of tasks in table, Gantt chart, or by workload

Rollup Innovation Projects

Rollups all innovation projects into a single innovation program view to track progress and identify individual project risks

Manage Notes and Documents

Easily store and access project notes and supporting documents related to each idea including connections to cloud drives like Google Drive and One Drive.

Use Dashboards to Track and Manage Progress

Evaluate Opportunities in a Master List

View all concepts in the portfolio as a single list that displays the current status of each idea. Drill down into ideas for greater detail or export to a spreadsheet file.

Gain Insight from the Portfolio Map

The Portfolio Map reflects the scores for ease of implementation and business impact for each idea. The size of the bubble represents the size of the revenue opportunity.

View Opportunities by Type, Business Case, and Priority

View real-time summary reports that classify opportunities and your portfolio by Innovation Type (Product, Service, Process and Business Model), Business Case (Revenue, Competitiveness, Brand Building, Cost Savings), and Priority (Business Critical, High, Medium, and Low). Create custom reports based on any unique criteria included in your templates.

Rollup Financials

Analyze profitability by comparing how each idea stacks up versus the plan using the Financials Rollup

View & Export Detailed Dashboard Reports

The Summary Dashboard provides various reports including a Pipeline Report that summarizes your overall portfolio as an innovation pipeline, a Portfolio Map of your active concepts and much more.

Use Expert Templates to Accelerate Success

Strategy Template Library

Instantly apply innovation best practices to your process

  • Get 100’s of out-of-the-box expert templates by adding a Praxie Pro subscription
  • Gain confidence you’re using proven tools & processes
  • Add, change, or customize your process to fit your exact needs

Our Customers Achieve Great Results

We're Innovation Experts with Decades of Experience

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.

Let’s discuss your innovation transformation