The Smart Organization: Creating Value Through Strategic R&D

The Smart Organization: Creating Value Through Strategic R&D

by David Matheson, Jim Matheson
     
 

ISBN-10: 087584765X

ISBN-13: 9780875847658

Pub. Date: 10/28/1997

Publisher: Harvard Business Review Press

Why do some firms continually make poor R&D decisions while others can deliver a stream of successful products and services? According to the Mathesons, successful firms have internalized the nine interlocking principles of smart R&D—the building blocks of a corporate culture that emphasize making the right strategic decisions at the right times, and aligning

Overview

Why do some firms continually make poor R&D decisions while others can deliver a stream of successful products and services? According to the Mathesons, successful firms have internalized the nine interlocking principles of smart R&D—the building blocks of a corporate culture that emphasize making the right strategic decisions at the right times, and aligning organizational practices to support these decisions and sustain their results. The nine principles include embracing uncertainty, opening information flows, and encouraging systems thinking. Once in place, these values enable companies to make appropriate choices about their R&D planning, portfolio management, and project strategies. The authors stress the importance of evaluating trade-offs, investigating alternatives, and getting buy-in across functions to ensure that decisions will be viable from both technological and managerial perspectives. They use best practice examples from companies including General Motors, Pilkington Glass, and BankOne of Ohio to demonstrate that the methods used to enrich R&D planning can be applied more broadly to create, in effect, the smart organization.

Product Details

ISBN-13:
9780875847658
Publisher:
Harvard Business Review Press
Publication date:
10/28/1997
Pages:
292
Product dimensions:
6.36(w) x 9.49(h) x 1.08(d)

Table of Contents

Acknowledgments..... xi
Chapter 1: Being Smart..... 1
Part I: Decision Quality
Chapter 2: Decision Quality..... 17
Chapter 3: The Six Dimensions of Decision Quality..... 35

Part II: Best Practices
Chapter 4: Best Practices for R&D Decisions..... 63
Chapter 5: Implementing Best Practices..... 82

Part III: Principles
Chapter 6: Organizational Principles..... 95
Chapter 7: The Nine Principles of Smart R&D..... 110
Chapter 8: Organizational IQ..... 160

Part IV: Processes
Chapter 9 Technology Strategy..... 173
Chapter 10 R&D Portfolio Strategy..... 199
Chapter 11 Project Strategy..... 221

Part V: Beyond R&D
Chapter 12: The Smart Organization..... 247

Appendix A..... 263
Appendix B..... 267
Notes..... 277
Index..... 285
About the Authors..... 292

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