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Innovation and Ontologies

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<strong>Innovation</strong> Gate 103<br />

2.4.3 Support Activities: Monitoring<br />

Once ideas have entered Concept Development, they should be continuously monitored.<br />

Monitoring is done constantly to detect deviations in the course of work <strong>and</strong> not only at the<br />

official milestones which might be months apart.<br />

Monitoring is executed during the entire lifecycle of the project. It closely reviews the innovative<br />

project against the original criteria <strong>and</strong> the wider environment changes (Tidd, Bessant & Pavitt,<br />

2005). Flexibility in this activity necessarily has to be adapted to the specific tasks. Hauschildt &<br />

Salomo (2007) suggest a threefold monitoring process:<br />

• Continuous identification of deviations between ‘to be’ <strong>and</strong> ‘as is’: monitoring of results by<br />

person or team responsible for the innovative project <strong>and</strong> monitoring of activities by superior<br />

responsible for assessment<br />

• Review: discussion of deviation with the responsible entity<br />

• Evaluation of deviations <strong>and</strong> continuous motivation for corrections<br />

2.5 <strong>Innovation</strong> Gate<br />

Your gut isn't always the best judge of what will succeed in the marketplace,<br />

<strong>and</strong> pet projects are more often than not big white elephants<br />

that should be eliminated much, much earlier. (Watson, 2006)<br />

Once an idea arrives at the <strong>Innovation</strong> Gate, it has become a viable, defined concept in which<br />

some resources have already been ‘invested. At this gate, investment becomes substantial. Due to<br />

the existence of sunk costs, invest/ stop decisions have become more difficult to take <strong>and</strong><br />

continuation of innovative projects into development is tempting (Ernst, 2002). Therefore, this<br />

decisive gate is headed by the question:<br />

Does the concept fulfill all requirements to enter the development phase?<br />

The <strong>Innovation</strong> Gate is established to help senior management concentrate on the selection of<br />

best concepts for further development – <strong>and</strong> on the rigorous de-selection of all other concepts<br />

(Tidd, Bessant & Pavitt, 2005). It must be the overarching target of the Concept Gate to correct<br />

the widespread belief that decision-making in an innovative context is only “uncertain fumbling<br />

at minimal sight” (Hauschildt & Salomo, 2007). Careful crossfunctional due diligence which<br />

produces vital information for the final go-to-development decision is indispensable. The effort<br />

pays of: solid predevelopment homework has been identified to enhance new product success<br />

rates <strong>and</strong> to be being positively correlated to financial performance (Cooper, 2000).

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