Medical Devices
Comprehensive Phases and Gates
Background
- Global organisation with large cross continental new product development teams.
- Increasing pressure on margins from Health Authorities and Insurance Companies.
- Changing age profile and geography of patient populations.
- Constant reshaping of complex intellectual property landscape.
- Need to work with and within a stringent regulatory environment.
The Challenge
- To create a technology strategy and a roadmap for innovation and technology development.
- To establish a comprehensive process that will bring innovative products and services to the market faster and more reliably.
- To enhance the organisation’s project management capabilities and reverse the growing trend of late delivery.
Results
- Front end process implemented to develop technology and product strategies that inform and fit with the business strategy.
- Comprehensive phase gate process for development and commercialisation generated dramatic improvements in project visibility and control.
- Project Management established as a valuable role, skill set and career path.
- A Strong focus on commercial factors and business case to drive improvements in market performance.