Going For Growth

"The question is how this "going for growth" should be managed."

"Senior managers need to take much more of a management interest in the projects that are going on in R&D and to understand the dynamics of how development projects will deliver real financial benefits to the firm."

"For any firm it is absolutely critical to understand what is happening in R&D."

"The work that R&D does is so fundamentally important to the business, firms need to get much better at assessing the value that R&D can add."

"There are two major requirements for picking technology winners."

"The most successful organizations, in whatever industry they operate, have an institutionalized process of fostering and managing innovation."

"Successfully managing an outsourced activity requires very different mindsets and skills from managing an in-house R&D department."

"A virtual R&D organization will probably obtain more technology inputs and developments from external sources than from in-house resources."

"If senior management is to deliver growth and increase shareholder value from technology, it has come to grips with the whole question of R&D's relationship with the rest of the firm."