Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

ADAPTING TRADITIONAL STAGEGATE PRACTICES TO ITERATIVE EXPERIMENTATION

Bengtsson, Oskar LU (2018) INNM01 20172
Innovation Engineering
Abstract
Many companies have traditionally focused on linear product development
processes centred on analysis e.g. waterfall or stage-gate processes. Some
companies have begun to complement these with iterative product development
processes centred on experimentation such as the Lean Start-up Methodology. The
knowledge and theory on how iterative processes of product development are best
managed is limited. Using theory on Lean Start-up Methodology, the management
of linear product development processes, and real options, propositions on needed
adaptions to the current management systems are formulated. The propositions are
tested in a multiple case study and a simulation. The results suggest companies
looking to implement a system for... (More)
Many companies have traditionally focused on linear product development
processes centred on analysis e.g. waterfall or stage-gate processes. Some
companies have begun to complement these with iterative product development
processes centred on experimentation such as the Lean Start-up Methodology. The
knowledge and theory on how iterative processes of product development are best
managed is limited. Using theory on Lean Start-up Methodology, the management
of linear product development processes, and real options, propositions on needed
adaptions to the current management systems are formulated. The propositions are
tested in a multiple case study and a simulation. The results suggest companies
looking to implement a system for managing product development using iterative
experimentation should assess the need to; (1) speed up the investment decision
making process (2) stop discouraging changes to the definition of the end-product
of the process and (3) increase frequency of re-evaluations of projects and
reallocation of capital between projects.
Keywords: (Less)
Please use this url to cite or link to this publication:
author
Bengtsson, Oskar LU
supervisor
organization
course
INNM01 20172
year
type
H2 - Master's Degree (Two Years)
subject
language
English
id
8960239
date added to LUP
2018-10-15 08:43:31
date last changed
2018-10-15 08:43:31
@misc{8960239,
  abstract     = {{Many companies have traditionally focused on linear product development
processes centred on analysis e.g. waterfall or stage-gate processes. Some
companies have begun to complement these with iterative product development
processes centred on experimentation such as the Lean Start-up Methodology. The
knowledge and theory on how iterative processes of product development are best
managed is limited. Using theory on Lean Start-up Methodology, the management
of linear product development processes, and real options, propositions on needed
adaptions to the current management systems are formulated. The propositions are
tested in a multiple case study and a simulation. The results suggest companies
looking to implement a system for managing product development using iterative
experimentation should assess the need to; (1) speed up the investment decision
making process (2) stop discouraging changes to the definition of the end-product
of the process and (3) increase frequency of re-evaluations of projects and
reallocation of capital between projects.
Keywords:}},
  author       = {{Bengtsson, Oskar}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{ADAPTING TRADITIONAL STAGEGATE PRACTICES TO ITERATIVE EXPERIMENTATION}},
  year         = {{2018}},
}