Commenting on Research Technology Management Order Instructions: see attached
Commenting on Research Technology Management Sample Answer
Commenting on the articles
Article 1
In this article, the student has correctly pointed out that the stage-gate model is basically a theoretical framework that takes a particular idea from concept to launch by means of breaking that idea into gates, in which business assessments and decisions occur. In essence, this model remains a process that creates value and determines the risks that accompany the process, a factor that is intended to transform a company’s best new ideas into winning products in a quick and profitable way (Cooper & Edgett, 2012). This is a crucial point which the student has clearly articulated in the article. Furthermore, the student has rightly identified and described each of the stages of this model that entails the process of scoping, development, building a business’s case, testing and validating, and lastly the launching phase. This, therefore, points out to the fact that there are a number of benefits of the stage-gate model have been clearly and accurately pointed out by the student, with an instance is in the model’s provision of strong solutions, that ensures its alignment to an organizations goals and the model enhances team performance and accountability. It also creates product excellence and creates an innovative culture in the company (Stage-Gate International, 2016).
Article 2
The student in this article has correctly stated that the Stage-Gate process has a number of checkpoints and that the model is helpful in managing new product development projects. When companies embrace the Stage-Gate model, it would create a culture of product innovation excellence (Stage-Gate International, 2016). The student points out that the stages of the Stage-Gate model represent the application of interdisciplinary actions that ensure a product is taken from its creation into its launch in the market. To add on to this point, it is notable that the model is anchored in the belief that product innovation starts with ideas and concludes after the product is introduced into the marketplace successfully (Cooper & Edgett, 2012). The student has also correctly revealed that at every gate in this model, company executives utilize defined criteria in establishing whether or not they should continue or abort innovation projects. In essence, preceding every stage, the project will pass through a gate in which a decision is made regarding whether the company should continue to invest in the project or not; this is termed as a Kill/Go decision. This act cans, therefore, be determined as a quality-control process that has the main objectives of ensuring that: quality is determined, the business routine is rationalized, and resources and plan of the project are approved (Stage-Gate International, 2016).
Commenting on Research Technology Management References
Cooper, R. G., & Edgett, S. J. (2012). Best practices in the Idea-to-Launch process and its governance. Research Technology Management, 55(2), 43-54. doi:10.5437/089563308X5502022
Stage-Gate International. (2016). Innovation Process. Retrieved from http://www.stage-gate.com/resources_stage-gate_full.php
