Improvements others have implemented    Contact U3 about consulting and seminars.

 Are you part of the elite?  Why benchmarking?  Five-step process  Results     Implementing solutions  
 
1) Definition of strategy for innovation and new products
   New products goals and how they tie into company goals.
   Arenas of focus: the battlefields.
  Spending splits across these arenas.
 
2) Portfolio management
Establish a manage-ment process that maintains a project portfolio with:
   Maximum return on investments.
   Balance of projects, e.g., risk, markets, technologies, etc.
   A strong link between efforts and strategy.

Builds on Cooper's awarded portfolio management research.
 
4) Innovative culture
   Innovation and creativity training.
   Establish a formal ideas system.
   Team building and innovative leadership training.
   Establish a culture characterized by openness, creativity, commitment and enthusiasm.
  Senior management roles and commitment.


 
 
3) Stage-Gate® new-product process
Establish a new process or optimize the existing one. This is performed on the basis of our Stage-Gate® -Guide, which is a practical best practice process manual derived from our research and numerous Stage-Gate® implementations around the world.