MindMatters has developed a "lightweight" version of this process called StageTrak™. It manages projects through a client-defined set of phases and integrates seamlessly with our Flagpole Idea Management System.   For more information, please click here .

Over 70% of all organizations have a process in place for new product development, and research has shown that companies that employ an established business process outperform others in their industry.  A significant advantage of the MindMatters' Innovator is its ability to accommodate different review processes for different types of innovations.  Get an overview of the Innovator Innovation Management System in action.

Although project management is a fairly formal process, the Innovator software allows for significant customization and tailoring for your process.  You also have the option of using MindMatters' accelerated New Product Development lifecycle process.  the aNPD process benefits organizations by increasing the quantity and quality of breakthrough innovations, moving the best ideas through product development toward commercialization at a rapid pace and managing and protecting the resultant intellectual capital. The aNPD process incorporates best practices taken from numerous experiences by MindMatters. The attention to the Front End of Innovation (FEI) is key to the production of new ideas through a well-defined process of workflow management to access and encourage the sharing of the tacit knowledge both inside and outside of the organization.  Special attention is paid to the management of the Intellectual Property (IP) generated throughout the lifecycle. These intangible assets are critical to the growth and define the value of the organization.  MindMatters' aNPD tools provide users with the capability to truly become part of the success of the company as it moves toward its growth objectives through innovation.

This module includes forms for collecting data during each stage, as well as analysis questions and scoring for each of the review gates. Date and time tracking allow for detailed reports on throughput, wait times, and next steps.

Workflow handles project movement from conception, "Innovators" through "Gate Review #" as well as all of the ancillary steps such as, evaluating business objectives and soliciting detailed commercialization information. Portfolio management functionality allows individual projects to be pooled into like-groups, tracked and analyzed.

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To explore further, read our white papers below, or visit our Resource Center to see all our papers.

Merging Innovation and Project Management
Three Key Ingredients for Every Innovation Recipe
Do You Know the Six Most Common Problems in Fostering Innovation?