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World’s Top Innovation Management Scholars, Dr. Robert G. Cooper and Dr.Scott J. Edgett, Address Business Executives at the 12th Annual Strategic & Operational Portfolio Management Conference
ANCASTER, ONTARIO, CANADA – March 1, 2007 – The two founding partners of Stage-Gate
Inc., Dr. Robert G. Cooper and Dr. Scott J. Edgett, were each invited to deliver keynote
presentations to the sold-out business conference held on February 26-28, 2007 in Clearwater
Beach, Florida. The conference, organized by the Product Development and Management
Association (PDMA) and the Institute for International Research (IIR), attracted approximately
200 business executives and innovation professionals seeking leading-edge solutions for
their critical innovation challenges.
The event opened with Dr. Cooper’s presentation which. highlighted how best to maximize productivity
in product innovation portfolios. “In recent years, NPD productivity has declined and much of this
is attributed to the lack of effective portfolio management.” Cooper announced, “Businesses
are investing in too many low-value, low-productivity projects. Through my research, I have found that
NPD productivity can increase by 20 or 30 percent or more through astute portfolio management”. Cooper
provided delegates with a proven framework to guide effective strategic and operational portfolio management.
The event closed with Dr. Edgett’s presentation which was delivered in partnership
with the American Productivity and Quality Center (APQC). The interactive workshop-style
session
released the groundbreaking results from the latest benchmarking study on “Portfolio
Management: Optimizing for Success”, conducted jointly by Edgett and APQC. Edgett
revealed a ‘short-list’ of best practices from leading organizations’ experiences
in portfolio management. “The study confirmed what we already know is important for
effective portfolio management,” stated Edgett. “However, the study also
uncovered a few surprising learnings. It was these findings that generated much discussion
during the session.” Edgett concluded the presentation with highlights from
leading company case studies including; Boston Scientific, Kennametal Inc., Hewlett-Packard
Company, The AXA Group and National Cash Register Company (NCR).
Dr. Robert G. Cooper and Dr. Scott J. Edgett are widely recognized as the world’s
top innovation management scholars. Their best practices research and resulting methodologies
have led to some of the most important discoveries in product innovation today. They were
the first to pinpoint what discriminates the winning products from losing products, to
build the most accurate product success predictive tool (85% accuracy) and the first to
introduce the concept of portfolio management for new products. Their collective works
are considered to have achieved the most powerful impact on performance in product innovation
today.
Contact
Executive Vice President
Stage-Gate Inc.
+1-905-304-8797
www.stage-gate.com
Stage-Gate Inc.
Stage-Gate Inc. helps companies achieve growth through successful product innovation. The unparalleled
breadth and depth of our founders’ research - internationally recognized thought leaders
Dr. Robert G. Cooper and Dr. Scott J. Edgett - enable us to create relevant, practical products and
services to help companies improve their innovation performance results.
We offer proven solutions to the most critical challenges in product innovation through our widely recognized
and implemented products, our highly regarded and trusted consulting services, our award-winning research
papers, best-selling books and first-rate seminars.
We also conduct unbiased, expert evaluation and validation of 3rd party innovation enabling tools through
our Stage-Gate Alliance Program and Stage-Gate Ready Certification Program.
About the Stage-Gate® Idea-to-Launch System
Stage-Gate is a business system designed to drive new products and technologies from idea
to market faster and with higher rates of commercial success. Invented by Dr. Robert G.
Cooper in 1985 as a result of his groundbreaking research studies, Stage-Gate is now widely
accepted by industry as the preferred method for new product commercialization. According
to the Product Development and Management Association (PDMA) and Advanced Market Research
(AMR) the percentage of companies in North America, using a stage and gate system is almost
80%. For more information on the evolution of Stage-Gate, view this downloadable story
of its history.
Dr. Robert G. Cooper
Dr. Robert G. Cooper is one of the most influential thought leaders in the business world
today. He
is the father of the widely implemented Stage-Gate Idea-to-Launch innovation system which has been adopted
by almost 80% of North American companies seeking to drive successful growth through product innovation. Stage-Gate
is considered to be one of the most important discoveries in the field of innovation management. Cooper
has spent more than 30 years studying the practices and pitfalls of 3,000+ new product projects in thousands
of companies and has assembled the world’s most comprehensive research database on the topic. His
dynamic seminars, consulting advice and keynote presentations have been widely applauded by corporate
and business event audiences throughout North America, Europe and Asia making him one of the most sought-after
speakers. A prolific author, he has published more than 90 academic articles and seven books on new products,
including the best selling ‘Winning at New Products, 3rd Edition’ and ‘Portfolio Management
for New Products, 2nd Edition’. He is the recipient of numerous prestigious awards including
the Maurice Holland Award from the Industrial Research Institute (IRI) and the Hustad Award from the
Product Development and Management Association (PDMA). Dr. Cooper is a Professor of
Industrial Marketing and Technology Management at the Michael G. DeGroote School of Business, McMaster
University in Ontario, Canada and Senior Fellow at the Institute for the Study of Business Markets at
Penn State in Pennsylvania, United States. Dr. Cooper can be reached at
.
Dr. Scott J. Edgett
Dr. Scott J. Edgett is an internationally recognized expert in product innovation and pioneer
of the ever-important practice of portfolio management for new products. He is also credited
with the groundbreaking introduction of best practices for companies specializing in service
development. He is a sought-after
consultant and high profile speaker and has delivered keynote addresses at numerous top innovation and
management business events. He has spent more than a dozen years researching and observing best
practices in product innovation, has co-authored six books, and published more than 60 academic articles
and papers. Dr. Edgett is Chief Executive Officer and co-founder, with Dr. Cooper, of Stage-Gate Inc.
where he now leads the transformation of the world’s leading innovation research discoveries into
practical and relevant products and services for companies trying to achieve profitable growth through
product innovation.
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