StageTrak – Phase Gate New Product Development
A New Product Development Tool
StageTrak – Designed to increase speed-to-market and enhance the ROI of your new product development program. StageTrak is a Best Practice New Product Development Solution that utilizes the best aspects of software solutions such as project, process, document, collaboration, and portfolio management tools, then combines these time-saving features with the data collection and calculation capabilities of spreadsheets to create a very powerful but easy-to-use new product development solution.
With StageTrak, team members can easily access, manage and collaborate on the stages and tasks of their new product development projects, and managers can instantly access progress and portfolio reports from any web-enabled computer.
If you don’t have an existing phase gate style process, MindMatters team of professional new product development experts can help you create and implement a new product development process designed specifically for your business.
The MindMatters team of experts will also work with you to modify the MindMatter’s New Product Development Process Template for your business. Tools such as financial forecasts, budgeting, risk analysis, SWOT – Strengths, Weaknesses, Opportunities, and Threats analysis, QFD – Quality Function Deployment analysis, gate reviews/analysis, post launch performance and financial reviews can be modified for your business, as well as, the market, product, technical, manufacturing, outsourcing, and intellectual property feasibility and analysis tools available within the MindMatter’s Phase Gate New Product Development Template.
Some of the many time and money-saving advantages
- Innovation is the driver of your New Product Development Pipeline. Your ideas must be captured and managed, collaborated and acted on. That’s why Flagpole, our Innovation Management Solution and StageTrak are integrated components of INNOVATOR NPD Express A click of a mouse turns an approved idea into a new product development project, saving you valuable time!
- Flexibility – easily adapted to your specific new product development processes, whether a traditional five stage (six stage if including the discovery stage) or accelerated 2, 3 or 4 stage processes.
- Accountability with deadlines for deliverables and the major milestones of the stage process – keeps projects on-time.
- Instant visibility of projects’ progress, value, deliverables, and scheduled vs. actual completion dates – keeps projects on schedule and management up-to-date.
- Enhanced Decision Making – Portfolio management allows key decision criteria from any combination of new product development projects to be compared and evaluated for better and more accurate decision making. The most valuable projects continue moving through your pipeline while low ROI projects are halted, saving employee time and company resources.
- Organizes and stores all project documents and stage deliverables for easy access and accelerated decision making.
- Automatic e-mail notifications for tasks keep projects on schedule, and notifications alert managers/gate keepers when all deliverables are complete and stages are ready for gate reviews.
- Immediate access into an extensive list of reports provides management with the ability to track and measure the ROI and value of your product development project pipeline.
- Collaboration and communication becomes a permanent visible record within the project. Where impromptu requests for information and tasks are recorded and communicated with deadlines. Increases project efficiency and access to information.
- Simple – Our customer feedback made it very clear that the solution must be simple and easy-to-use to achieve a high level of use and acceptance.
Discover how your business can add efficiency, Visibility and Collaboration to your New Product Development Process
The information above covers only a portion of the many ways StageTrak and INNOVATOR NPD Express can automate, accelerate and increase the ROI of your new product development program. The best way to gain a complete understanding of how StageTrak, INNOVATOR NPD Express and the experts at MindMatters Solutions can help your business is to contact us to begin a discussion of your innovation and new product development needs and requirements.
NEW PRODUCT DEVELOPMENT SERVICES
John Stowell, Director of Innovation, Zep Inc.
"StageTrak is very customizable to your needs. Once it's up and running it's pretty intuitive. It's much simpler to operate than most of its competitors."
"We avoided $750,000 in cost in North American alone last year because we're being more selective and going after better intellectual property."
"Flagpole offers novel social marketing techniques to partner and collaborate with the National Poison Control Center community."
Tom Mauss, Chief Executive Officer
"We were impressed with MindMatters’ entire Step by Step Innovation process. They helped us identify areas where we might fail, and successfully navigated around those obstacles."
"Our R&D idea submissions have tripled over the whole of the previous year."
Gregg Edwards, Chief People Officer
"Allows us to not only capitalize on the brilliance of our employees, but also to collaborate on organizational issues in a much more engaging, satisfying way."
Director of R&D
"The MindMatters software has really worked out for our team. It has enabled us to develop a process that effectively mines the innovative thoughts of R&D. Our invention disclosure count is through the roof compared to pre-MindMatters numbers."