Milestone One: Strategic Recommendation for IoT Technology Integration.

I recommend pursuing discontinuous innovation.This approach offers a higher potential for market differentiation and aligns with our long$-$term growth strategy. It will position us as a leader in the IoT$-$enabled vehicle market. Stakeholders Considerations: For R&D$,$ the focus should be on developing cutting$-$edge sensor and computer technology.Marketing should emphasize the unique features and benefits of our IoT$-$enabled vehicles.Finance should consider the projected sales forecasts and financial benefits of discontinuous innovationThe financial snapshot shows that discontinuous innovation will lead to higher projected revenues and gross margins.The net benefit over $10$ years is also higher compared to incremental innovation.In conclusion, discontinuous innovation offers significant benefits and aligns with our strategic goals.It will position us as a market leader in the IoT$-$enabled vehicle market.The next steps involve developing a detailed implementation plan and securing the necessary resources and partnerships.

You and your team are considering using Coopers stage$-$gate process for new product development. This is a standard process that shows the journey of an idea from conceptualization to the market. You will create a detailed flowchart to share with your cross$-$functional team on one possible process for implementing the innovation recommendation you have made.

Create a PowerPoint presentation with the following requirements, including a detailed flowchart. Ensure the presentation is useful in helping your team understand the stage$-$gate process. Your presentation should include the following:

$1$ Describe the major elements of the stage$-$gate process $(1-2$ slides$).$

a$.$How many stages are in the process?

b$.$ What is the purpose of each stage?

$2.$ Create a stage$-$gate process flowchart $(1$ slide$)$ using proper shapes for each step in your flowchart. A$.$ In the flowchart or speaker notes, list an example of an activity at each stage.

B$.$ In the flowchart or speaker notes, list a decision criterion at each stage using the company. Some examples of decision criteria include:

$.$ Filter ideas to the preliminary investigation

$.$Filter projects to business opportunities

$.$Filter projects to product or process development

$.$ Filter products to limited launch

$.$ Filter products to international marketing.

$3.$ Discuss the implications of using the stage$-$gate process $(1-2$ slides$)$

$.$When is the use of the stage$-$gate process appropriate?

$.$How could the stage$-$gate process slow down innovation?

$.$ Is the stage$-$gate process more conducive to an incremental or discontinuous innovation?