Stage Gate in Your Company
How Well Does Stage Gate Work for You?
As we discussed in our recent article on Accelerated Development, most companies have some variation of a generic Stage Gate New Development Process:
- Concept generation
- Market validation
- Business case development
- Technology development and prototyping
- Product launch
Each stage generally requires a gate or management approval to proceed from one to the next, and at any of these, the project could be killed, shelved or delayed based on economics, risk, conflicting objectives, or resource availability. It is usually some combination of all the above.
Does your company use a Stage Gate process? If so, how well does it work for you? Let us know in the poll below.