Adding Value to Stage-Gate through the use of Challenges

Using Prize-Based Challenges to Accelerate Innovation Outcomes and Improve Business Performance Through Integration to Existing Processes

This white paper explores the use of prize-based “Challenges” – enabled via open innovation and crowdsourcing – to accelerate innovation outcomes and improve business performance through integration to existing processes.

Why Use Stage-Gate With Challenges?

Inside, you’ll find:

• A brief overview of Stage-Gate
• The working definition of a Challenge and how it is developed
• A real-world case study of a Challenge in action
• Examples of Challenge scenarios in the context of Stage-Gate
• practices
• The value of a Challenge-driven approach to product development

Who Should Read This White Paper?

If you’re a senior leader with managerial oversight or influence over your organization’s innovation initiatives or R&D function, this guide will provide you with fresh, new ideas and methods for tackling complex business problems and innovation challenges.