develop a theoretical new product or service
Use the Stage-Gate model (Links to an alien site.) to advance a abstract new artefact or service. Some of your businesses ability be account based, so you may accept to be artistic in cerebration about a new project. If you accept any problems cerebration of a artefact or account idea, amuse let me apperceive and I'll advice you anticipate of one. Actuality is addition ability on the model. While you will not absolutely be creating a new product, you can still detail the requirements for anniversary date as able-bodied as the metrics you will use to accomplish a accommodation to abide to the abutting date or stop the project. Since this is a abstract exercise, you can accomplish assumptions while commutual anniversary phase.
In short, the Stage-Gate archetypal has the afterward six phases:
Stage 0: Discover. In this phase, you anticipate of a new product or account idea.
Stage 1: Scoping. This is area you appraise the abstraction on its activity and marketability. A SWOT assay is generally acclimated for this phase.
Stage 2: Building a Business Case. Further ascertain the product, the accomplishment requirements, a activity plan, and estimated revenues.
Stage 3: Development. A ancestor or prototypes are developed.
Stage 4: Testing and Validation. The ancestor is tested. If there is a problem, the aggregation goes aback to the development stage. If it works, the artefact can be able for Date 5.
Stage 5: Launch. A business action is developed and the artefact is fabricated accessible to customers.
How about a real-world example? Here's a Stage-Gate access from the Centers for Disease Control (Links to an alien site.). Note how abundant added circuitous it is compared to the adaptation we use in this course. It is included actuality aloof so you can get an abstraction of how abundant this archetypal can aggrandize and be acclimated not alone for artefact development but additionally activity management. IT may additionally accord you account of items to accommodate in your Stage-Gate assignment.
Create a 5 accelerate presentation that outlines the altered kinds of innovations declared in the added account (product, process, and business model). You can supplement your description application affiliate 9 from the Entrepreneurship e-book. On the fourth slide, accommodate a real-world archetype of anniversary addition type. On the fifth slide, call how bazaar analysis can be chip in the Stage-Gate model.
Module 4: Artefact InnovationModule 4: Artefact InnovationCriteriaRatingsPtsThis archetype is affiliated to a Learning OutcomePart 1: Complete Date Gate Exercise20.0 ptsFull Marks0.0 ptsNo Marks20.0 pts
This archetype is affiliated to a Learning OutcomePart 2: Create a 5 accelerate presentation10.0 ptsFull Marks0.0 ptsNo Marks10.0 pts
Total Points: 30.0PreviousNext
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