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.