With big data capabilities now a decade old, and much wider access to internet-based data repositories by global researchers, studies have been increasing. The "science of R&D Spending" is still a long way from being stitched together, but research is beginning to corroborate findings in certain areas. For example, studying the effects of industry awards has become popular. The award givers are interested in knowing the value of their awards, while the award applicants/winners want to know if it was worth all the time and cost to apply. We'll cover several findings. One category of award lead to a 1% increase in stock price. This example is representative of The R&D Spending Performance 8-8-8 Webinar Series as a whole. In three one-hour sessions, we'll be sharing findings with some substance behind them on the emerging management science of R&D Spending.
Each webinar presents the essence of the subject matter on each topic and provides complete references, citations, and additional sources of information to enable you to dive deeper into any specific topic where you wish further information. If you are looking for "just the facts" without any spin or someone trying to sell you something, these webinars are just for you.
Webinar 1: 8 Conditions That Impact R&D Spending Results
The first program focuses on factors that will negatively impact spending and spending performance. Some of them are controllable, some are not. We discuss eight conditions ranging from spending decisions in boom and bust periods, to overspending and underspending, to the impacts of variable spending and negative events on output and productivity, that lessen the returns on R&D spending.
Webinar 2: 8 Metrics That Quantify R&D Spending Performance
The second program focuses on key performance indicators [KPIs] that have R&D spending in their calculation. The metrics range from corporate metrics that are either reported to Wall Street or used by analysts and CFOs, to measures that help to divvy-up funds across business units of different purposes and performance levels, to measures that improve the ranking of investments, to measures that can be used to modulate overspending or underspending for corporate and industry considerations.
Webinar 3: 8 Actions That Increase R&D Spending Output
The third program focuses on factors that will positively influence spending and spending performance. All of them are within your control. Does your company have its arms around these? We describe eight actions ranging from good CXO behaviors, to data sciences and digital posturing, to timing new product announcements and actively competing for awards, that increase the returns on R&D spending.
8 Conditions That Impact R&D Spending Results
Global R&D Spending & Leaders
Patterns of R&D Spending Behaviors
1 - Procyclicality - is when you spend with the trend.
2 - Intensity - is when you under, over, or hopefully right-spend.
3 - Variability - is when things fluctuate, short and intermediate term.
4 - Emergency - is when there is an geopolitical or financial market event.
5 - Discontinuity - is when you change the budgeted amount, or gaps in funding.
6 - Anticipatory - is when you spot mega-patterns and plan for them.
7 - Divvy - is when the industry pattern lulls you into complacency.
8 - Sociology - is when laws and demographics affect competition.
Lessons from Industry Studies
8 Metrics That Quantify R&D Spending Performance
R&D Spending Intensity & Trends
Performance Measures Based on R&D Spending
1 - ROI Return on Innovation
2 - RORC Return on Research Capital
3 - PRR Price to Research Ratio
4 - PGF Price/Growth Flow
5 - RDE R&D Efficiency
6 - RDP R&D Productivity
7 - RDFPO R&D to Final Product Output
8 - RQ Research Quotient
Lessons From Financial Reporting Practices
8 Actions That Increase R&D Spending Output
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
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.
Mr Brad Goldense,
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.