Lean Six Sigma for Fast Track Commercialization: High Risk-High Reward, Rapid Commercialization: PROCEED WITH CAUTION!

By C.M. Creveling

This article defines the conditions and requirements for conducting a product commercialization project faster than your normal phase-gate process would allow. The key up-front requirement is a well-executed technology development process that transfers safe and mature new technology into the candidate Fast Track project. You can’t pull off a Fast Track project with immature technology. The second key requirement is that you know exactly what tasks and enabling tools, methods, and best practices you are electing to apply later after product launch—this helps define your risk due to postponing some key tasks ...

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