Example of a Patent / Product / Revenue Table The final tool to integrate intellectual property and business decision-making is that of a “Patent / Product / Revenue Table” as shown in the figure. This figure is created by integrating the financial information from the company books, with its manufacturing tracking system, and [...]
Low overall R&D project commercialization rates prompted Robert Cooper and others to start benchmarking NPD best practices. These were reported in Research Technology Management, February 2004. In their studies they listed 17 best practice topic areas going all the way from ideation through to commercialization. In this work 113 measures were studied across [...]
When talking about strategy it’s important to understand what the company Boards and the CEO are looking for. Both the Board and CEO are responsible for assessing and approving the strategic direction of the company. Understanding the 20 questions that the Board should ask about strategy is also good guidance for those creating [...]
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