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How can Strategy Design be defined as well?
as a Stage Gate Process
Why was the Stage Gate Process developed in the first place?
to optimize innovation and product development processes
What do Stage Gates & Strategy Design Innovation do?
move from
generate ideas → select ideas → implement ideas → develop business
What is an example model for the first stage generate ideas?
Value proposition canvas
What is an example model for the second stage select ideas?
Business Model Canvas
What is an example model for the third stage implement ideas?
Strategy Design Toolbox
What is an example model for the fourth stage develop business?
Strategy Design Innovation
What is Strategy Design Innovation (SDI)?
concept that focuses on how organizations can quickly respond to new needs, evolving technologies, and changing markets
How does SDI encourage innovation?
By experimenting in small loops → investing a little, learning a lot, and repeating the cycle
What kind of mindset does SDI promote?
creative and iterative mindset, where organizations test, learn, and adapt continuously
Why is SDI important in modern business?
Because markets and technologies are changing fast → static strategies can’t keep up