Definition: the Stage-Gate Process is an innovation approach to make the product development process more effective from the initial idea to launching the product.
Stage-Gate® describes the steps or stages of an optimal new product process.
Each stage consists of a set of certain cross-functional and parallel activities which must be successfully completed prior to obtaining management approval to proceed to the next stage of product development. The entrance to each stage is called: a gate. These gates, which are normally meetings, control the process and serve as:
- Quality control
- Go / Kill check-points. Readiness-checks, Must-Meet and Should-Meet criteria
- Marker for action plan for next phase
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2021 MBA Brief - Last updated: 21-10-2021 - Privacy | Terms