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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.

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Interlocking blocks

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 eBook?

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.

“This is the crux of Challenge-driven product development – companies that embrace it have near infinite capacity, and they pay for solutions, not failure.”

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