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8 Actions That Increase R&D Spending Output - Webinar (Recorded)

  • Webinar

  • 50 Minutes
  • January 2019
  • Goldense Group Inc
  • ID: 4744450

Best-In-Class R&D Spending Practices

This unique program focuses on 8 actions that positively influence output and financial performance from R&D Spending. If you act on these spending areas, expect results.

The program highlights specific examples of recent and emerging management science indicating increased and positive outcomes can be attained from a variety of activities involving R&D Spending.

The Program

1. We'll open by looking at highlights from the NSF's September 2018 report on business innovation in the USA. It is interesting that some of the discretionary focus areas that the NSF selected for its 2017 business innovation survey tie-in to the eight action areas.

2. We'll then examine each of the eight different areas where some fairly simple actions can make a difference. All 8 are within your control. We describe factors ranging from good CXO behaviors, to data sciences and digital posturing, to timing new product announcements, to approaches to compete for awards, to gains from business licensing. All 8 Actions increase output and outcomes. We'll show you the numbers.

3. We'll conclude by characterizing the additional benefits that companies can attain from excellence in R&D Spending.

4. There will be two polls.

The 8 Actions

  • Knowing Behavioral Impacts
  • Replacing Your Own Products
  • Utilizing Big Data Analytics
  • Adopting Digital Postures
  • Improving Virtual Work Relationships
  • Timing Product Announcements
  • Achieving Award Recognitions
  • Leveraging IP Licensing

Key Take-Aways

  • The significance of replacing your own products.
  • The returns from analytics and digitizing products.
  • The market value of product announcements.
  • The value of competing in awards programs.
  • The worth of added returns from IP licensing.

Bibliographic references are provided for the numerous cases and examples we cite to enable all participants to further their investigation on any subject.

Date of Webinar: January 10, 2019, 2:00 PM Eastern

Agenda

Interest of the NSF National Center for Science & Engineering Statistics
Actions Improving Value Creation & Generation
1 - Making Good Spending Decisions
2 - Driving Transformation Scenarios
3 - Utilizing Big Data Sciences
4 - Adopting Digital Postures
5 - Elevating Industrial & UI Design
6 - Timing Product Announcements
7 - Achieving Award Recognitions
8 - Embedding Licencing Capabilities
Collective Benefits
Biography: Author

Executive Summary

The program describes specific examples of recent findings showing extra returns can be attained from certain actions directly or indirectly involving R&D Spending. Some activities are CXO opportunities. Some activities are in the wheelhouse of Product and Program Managers. Most will end up involving all cross-functional Team Members once the decision is made to take an action.

Approach

We've organized the program so that it flows like products through a pipeline. There are opportunities: at the front of the funnel in planning, early in definition and design, during development, and as products are being commercialized. We'll tie them together as a set of related actions that will boost performance for many products in company portfolios. There are potentially big returns for small money and easy to execute actions. This program will pay for itself if only one action is taken just one time.

Note: We added an item to the agenda last week, based on some information just published in October 2018, on the value of Industrial and UI Design, that fits perfectly with this program. We'll do the replaced topic on Virtual Workers another time.

Agenda

1. The program opens by looking at highlights from the NSF's September 2018 report on business innovation in the USA. It is interesting that some of the discretionary focus areas that the NSF selected for its 2017 business innovation survey tie-in to the eight action areas.

2. Then, using the photograph you see above in this mailing, no we haven't gone Hollywood on you, 4-5 minutes will be taken to create a vision for what a Best-In-Class R&D Spending Award would consist of. The focus will be on oversight, management, and process. The things that can be done across most industries and technologies by CXOs, Program Managers, and Lead Developers.

3. We will then go through each of the eight different opportunities where some fairly simple actions can make a difference. All 8 are opportunities within your control. We describe factors ranging from good analytical behaviors, to digital enablement and design posturing, to timing new product announcements, to approaches to compete for awards, and leverage from business licensing. All 8 Actions increase output and outcomes. We'll show you the numbers.

4. The program concludes by characterizing the additional benefits that companies can attain from excellence in R&D Spending.

5. There will be two polls.

Agenda

Interest of the NSF National Center for Science & Engineering Statistics
Actions Improving Value Creation & Generation
1 - Making Good Spending Decisions
2 - Driving Transformation Scenarios
3 - Utilizing Big Data Sciences
4 - Adopting Digital Postures
5 - Elevating Industrial & UI Design
6 - Timing Product Announcements
7 - Achieving Award Recognitions
8 - Embedding Licencing Capabilities
Collective Benefits
Biography: Author


Methodology

Methodology

Each one-hour program is produced to standards consistent with top business and technical presentations at thought-leading industry conferences, and recorded live. The editing process removes any small errata that occur, pauses and the like, and adds music to professionalize the lead-in and trailer. There is no promotion, advertising, marketing, or sales elements to the programs, zero. Each program is 100% educational content that is underpinned by fact-based research, both primary (custom) research and secondary research.

Proper bibliographic references are provided for all cited content, directly on the page it occurs, enabling participants to see the source as the subject is presented; and then to be able to directly find the original source after the program completes. Each slide deck has a registered ISBN number and copyright.

 

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Speakers

  • Brad Goldense
  • Mr Brad Goldense,
    CEO ,
    GGI


    Brad Goldense has been focusing on the strategies, tactics, and operations of product management, development, and manufacturing since the 1980s.

    He has authored over 300 publications and consulted to over 200 companies across the world. Some 500 companies have participated in his seminars and masterclasses. Mr. Goldense has a BSCE from Brown University and an MBA in Finance from Cornell University and four decades of experience in engineering and management. 

    Brad has spoken in hundreds of settings and was a faculty member in the graduate engineering executive program at Tufts University for two decades. Certified New Product Development Professional, Certified Manufacturing Engineer, Certified Production and Inventory Management, and Certified Computer Professional credentials underpin the presentation of the one-hour programs.