How many active projects truly support your Innovation strategy?

Surely your Innovation pipeline is full of exciting projects that your leadership team and your project teams are excited about. It feels good to be “in the thick of it”, being busy executing challenging projects, resolving technical issues and adding new products and technologies to the companies portfolios.
However, have you taken a step back lately and thought about how each of these projects will support your Innovation strategy? In working with our clients we often find that companies with busy project pipelines, still miss their Innovation strategy for the simple reason, that the decision-making process and culture isn’t considering the goals and KPI’s laid out in the Innovation strategy. As a result, projects are added to the product and technology development process that are not moving the needle to meet the Innovation strategies’ targets.

If you feel you’re in this or in a similar situation, contact us at Stage-Gate International and let us help you analyze your existing project portfolio and evolve your decision-making process to include the aspect of your Innovation strategy. Find more details in the services described on our website.