Stage-Gate ® recently celebrated its 30th birthday. We felt this would be a good occasion to take a closer look at where Stage-Gate comes from, its role and status today, and whether there is a future for this methodology. You cannot find a better person to answer these questions than the inventor... Read More

An organization's innovation efforts become more efficient and effective if they are tied to the company's strategic planning process. Linking the two processes, however, is easier said then done. How can companies use their strategic plans to guide innovation? One way to do this is to identify... Read More

Many experts would suggest that innovation is the heart of an organization. Without healthy innovation, eventually the company will cease to thrive and possibly even die. How do you know if the health of your innovation is suffering? Most likely, there will be an unfavorable manifestation in... Read More

In a recent blog post, I began this theme with a brief discussion of how text mining can help find white spaces for discovery and business intelligence. This post is about how with help of text mining techniques you can transform masses of “unstructured” data (texts, documents, etc.) into a very... Read More

Text mining is a software technology that can help read unstructured texts. In other words, it recognizes grammatical structures of sentences, phrases and words and creates a kind of “fingerprint” from the source text as a result. Combined with conventional database indexing techniques, the... Read More

In my previous post, I discussed constraint management. In this post, I will focus on the final two suggested approaches: project classification and resource profiling. Read More

In my last post, I discussed the three goals of effective portfolio management: value maximization, achieve portfolio balance (including short- and long-term value), and having strategically aligned portfolio. In this post, I will focus on the first of three approaches which can lighten the load... Read More

Approving projects without assessing their resource requirements is like driving without a fuel gauge. You know you'll run out of resource for your projects at some point in time…you just don't know when. Read More

On a recent visit to NASA's Jet Propulsion Laboratory (JPL), I learned a great deal about three spacecraft that will be launched into space. The story about one of the three, specifically the ISS-RapidScat, reminded me of one of the best methods of ideation and reusing ideas for product innovation.... Read More

Planning a new innovation process or updating a flawed process is a daunting task for many companies. Lately, it seems like more and more companies are investing in the development and execution of a formalized innovation process. It is becoming undeniable that in order for a company to remain... Read More