10 Ways To Make Better Portfolio and Project Management Selection Decisions

10 Ways To make better Portfolio
and Project Management
Selection Decisions
By: Dr. Robert G. Cooper


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10 Ways
to make better Portfolio and
Project Selection Decisions By Dr. Robert Cooper and Dr. Scott Edgett
Good Portfolio Management (PM) is a key to success in New Product Development (NPD). But good PM still frequently eludes even the biggest and brightest corporations. In this article, Bob Cooper and Scott Edgett outline ten ways to make better portfolio and project selection decisions. Keywords: NexGen Stage-Gate® , lean, rapid, innovation productivity, scalable
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8 World's Top Innovation Management Scholars -Journal of Product Innovation Management, May 2007
Dr. Robert G. Cooper
Dr. Robert G. Cooper is one of the most influential innovation thought leaders in the business world today. He pioneered the original research that led to many ® ground-breaking discoveries including the Stage-Gate Idea-to-Launch process. Now implemented by almost 80% of North American companies, it is considered to be one of the most important discoveries in the field of innovation management. He 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 on the topic. His presentations and practical consulting advice have been widely applauded by corporate and business event audiences throughout the world making him one of the most sought-after speakers. A prolific author, he has published more than 90 academic articles and seven rdbooks, including the best selling 'Winning at New Products, 3 Edition'. He is the recipient of numerous prestigious awards including the Crawford Fellow from the Product Development and Management Association (PDMA) and the Maurice Hol-land Award from the Industrial Research Institute (IRI). Dr. Cooper is a Professor of Marketing and Technology Management at the Michael G. DeGroote School of Business at McMaster University in Ontario, Canada and Distinguished Fellow at the Institute for the Study of Business Markets (ISBM) at Penn State University in Pennsylvania, USA.
Dr. Scott J. Edgett
Dr. Scott J. Edgett is internationally recognized as one of the world's top ex-perts in product innovation and is the pioneer of portfolio management for prod-uct innovation. He is a high profile speaker and sought-after consultant. Dr. Edgett has had extensive experience working with large multinational clients in a variety of industries, principally focusing on issues affecting innovation leader-ship and capability. He is credited with helping business executives and innova-tion professionals successfully implement world-class innovation processes that have generated outstanding results. His speaking engagements and consulting work have taken him around the globe to work with some of the world's best innovators and companies among the Fortune 1000. Dr. Edgett is Chief Executive Officer and co-founder, with Dr. Robert G. Cooper, of both Product Development Institute and Stage-Gate Inc. He has spent more than 20 years researching and developing innovation best practices and working with organizations in product innovation. He is a prolific author having co-authored six books including the popular 'Portfolio Management for New Prod-nducts, 2 Edition' and has published more than 60 academic articles. Dr. Edgett is a former Professor of the Michael G. DeGroote School of Business, McMaster University in Ontario and is a Faculty Scholar at the Institute for the Study of Business Markets (ISBM) at Penn State University.
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