Best Innovation Practices from a Technology R&D Perspective
Technology R&D is closely integrated with New Business Development, Intellectual Property, and Human Resources functions.
Background specific to those working in Technology R&D Management is offered below:
1. Make Sure Your Company Will Fund Your New Product Development Proposals:
Make sure your company really needs to have new products and services. If so do they need to be Incremental, Next-Generation, or Breakthrough products?
Be sure to double check how your projects fit in not only into the Technology Strategy, but also how they also Integrate into the Business, HR, and IP Strategic Plans of your Company. Projects that mesh well into many Company strategies are usually able to obtain a larger share of Company investment resources.
2. When You Start Your Technology Research or Development Project, Run It Well:
Create ideas using the Creative Problem Solving Method that matches the incremental, next-generation, or breakthrough product need that you have.
Once again, be sure to double check how you project management techniques fit not only with how your company likes to manage Technology, but also how it like to have Integrated Business, Technical, IP and HR Processes. Projects that mesh well into many Company “ways-of-doing-things” are more likely retain management support, even in difficult times.
3. As Your Project Progresses, Keep Your Eyes Wide Open:
Remember that “the-devil-is-in-the-details” when it comes to the actual day-to-day project work. A good project leader knows how to pivot and use the right mix of project management tools.
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