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T94 - "Product Development Practices In The Manufacturing Sector: 2010-2020 - An Essay [Written Paper]"

The 2013 International Forum on Design for Manufacture and Assembly, Boothroyd-Dewhurst, Inc., Providence, Rhode Island, USA
June 14, 2013 -- [20 Pages]

Description:It has now been ten years since Business Week and Boston Consulting Group first ranked the most innovative global companies in 2004. After two decades of augmenting ways of doing business to include the practices of six sigma, lean, agile and flexible, corporations are now augmenting for innovation. There are clear changes in the funding and focus on pre-product development activities, and an increased emphasis on good old-fashioned organic internal innovation in pipeline management. Seemingly the leading companies are also, in addition to and not versus, adding focused infrastructure to acquire and/or transact innovation through external relationships and packaged intellectual property. Organization changes, process changes, and metrics will be addressed for the areas of product management, advanced development, product development, and intellectual property.

This paper is a preliminary summarization of research that is actively in process. It represents a selected sample of approximately seventy companies that have been determined by the GGI research team to be generally representative of overall industry practices. The application of statistical parameters indicating margins of error and other codifying statistics is not appropriate at this time. The reader is encouraged focus on overall findings where there are large differences between data sets, and to focus obvious changes shown by these data from what experienced practitioners would consider to be traditional regular historical practices. A proper statistically-based compilation of the research findings will be performed on the entire population later this year when the research is completed.

The focus of this research is on the Organic R&D-Product Development Operating Environment, Organic Innovation, Open Innovation, Intellectual Property, and CXO Corporate Metrics for these activities. The research is aimed at culling-out industry’s current deployment and utilization of selected innovation and intellectual property strategies, processes, practices, techniques, and measures.

This paper addresses, in a preliminary way, the first four of the five research areas. CXO Corporate Metrics, not covered in this paper, has a large population of 101 metrics that are used in industry and a sample size of seventy companies is not sufficient to summarize findings for that research area at this time.

Section Titles:

Respondent Profile
R&D Operating Environment
Organic Innovation
Open Innovation
Intellectual Property

Summary

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