Too often, companies choose innovation methodologies with an “all or nothing” approach. The pendulum has swung toward Lean and Agile methodologies, sometimes casting Stage-Gate® aside. Optimal results are derived from the best of BOTH worlds as part of an integrated best practice innovation toolkit.
In practice, Lean product development is mostly applied at a tactical level; in conjunction with the Stage-Gate® methodology, it applies primarily to the way development work is completed within the stages.
This paper outlines the steps necessary for effective innovation management and the benefits of making Stage-Gate® "Lean."
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