This episode will look at the stage-gate process invented by world-renowned researcher and writer, Dr. Robert Cooper, and examine whether it still holds up in today’s climate of innovation and what processes and frameworks will shape the future of innovation.

About Bob

Dr. Robert G. Cooper is the creator of the world-famous Stage-Gate® process, and was named the “World’s Top Innovation Management Scholar” by the prestigious U.S. Journal of Product Innovation Management and is a Fellow of the Product Development and Management Association (PDMA). He has combined practical consulting with ground-breaking research for many years. Besides his best-selling books “Winning at New Products” and “Portfolio Management for New Products”, he has published more than 130 articles on R&D and innovation management.

Key Moments From Bob Cooper's Interview

• Stage-gate was based on what entrepreneurs or "intrapreneurs" inside companies did in order to take an idea and launch it into a successful new product.
• With the world changing so quickly, Bob starting borrowing concepts from the software world, namely the agile development methodologies. Ala Agile Stage-gate was born.
• Get out there and talk to customers. That is the difference between winning and losing.
• With new technologies being implemented and developed it is important that we don't get so mesmerized by this possibility that we starting thinking everything is great.
• Only 1 out of 4 projects that are approved for development become a commercial success. Portfolio management and a good gaining process will help you there.

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This podcast was fully transcribed and can be found at patsnap.com/ep1.