Agile Process Development
The innovation value chain is divided by distinct stages separated by a
gate which filters the concepts. This process allows measuring the
probability of success of any given idea as it moves through the process
and allows decisions to be made in a timely fashion. There is evidence
that such a model can balance creativity and value capture [12]. The
degree of uncertainty will reduce as the idea moves through the various
stages of the value chain. A hypervelocity poster organization should
transition from reactive thinking to proactive thinking, as it relates
to managing an innovation model within a stage-gated process.
A crowd-sourcing model can be used to generate ideas. Ideas for these
opportunistic investments can come from internal and external sources,
including pre-competitive knowledge sharing networks or public-private
partnerships or consortia. Simple rules can be readily applied including
refraining from criticism, allowing freewheeling and idea improvements
[13]. Once ideas are brainstormed, a next step may be understanding
the whitepaper feasibility of that idea. The primary goal of this stage
is to complete a theoretical feasibility analysis. The advantage of this
stage is to identify showstoppers immediately and identify whether a
concept may technically necessitate an unusually high resource
requirement (such as a unique or somewhat inaccessible patient
population). Once the idea is deemed feasible, the concept is reviewed
by a network of experts before transitioning into experimental
investigations. During the experimental phase, prototypes of the product
concepts are developed and tested to see if the product meets desired
objectives (e.g., designing a proof of concept trial for a vaccine for
coronavirus). Once the data are available from such a trial phase, a
technical review is initiated and a recommendation is made for full
development leveraging big data and real world evidence.