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Volume 6, Issue 9- September 7, 2005
GGI RapidNews is published approximately once a
month.
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In This Issue
GGI NEWS & NOTES - Editorial Staff
Update
UPCOMING PUBLIC SEMINAR - Product Development
Metrics Summit
UPCOMING PUBLIC SEMINAR - Product Development
Innovation Summit
MANAGEMENT PRODUCTIVITY - Innovation
Scorecard
2004 METRICS SURVEY RESULTS - 2004
Survey Results Available
BOOK REVIEW - Top Down: Why Hierarchies
Are Here To Stay
FEATURED iSTORE PRODUCTS - Structured
Innovation
NEW WEB CONTENT - August Was A Vacation
Month For GTK :)
CONFERENCES OF INTEREST - MRT 10th
Metrics, Frost & Sullivan NPD Executive Summit
CALENDAR OF INDUSTRY EVENTS - A Monthly
Feature
TELEVISION EVENTS - Alexander Haig's
World Business Review
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GGI NEWS & NOTES
1. Anne Schwartz, Editor of GGI's RapidNews publication since
August 2002, has taken a leave of absence to spend more time
with her family. Although the future is unclear, Anne remains
in good standing at GGI and we wish her well in the months
ahead. The "Management Productivity" and "Book
Review" sections of this issue of GGI RapidNews were
penned by Anne, along with some pieces that will be released
in the next issue.
2. For the next few months, GGI RapidNews will be written
collaboratively by the folks at GGI. Issues will be authored
and sent to you by "The Editors At GGI." The basic
structure, format, and content of each issue will remain unchanged.
UPCOMING PUBLIC SEMINAR - METRICS SUMMIT
The Early Bird Pricing Period that closed on August 1 for
the Product
Development Metrics Summit was a great success. As
a result of those folks that committed early there are only
a couple of spaces remaining across this unique series of
workshops to be held September 27-30, 2005 in Norwood, MA.
Join us for three comprehensive and powerful metrics seminars
- MPDII, PPRD, and PDMP - all presented in the same week.
On Tuesday, zero in on several specific key metrics subjects
of management interest. On Wednesday, improve your dashboard
with metrics that predict outcomes. Finish the week by creating
a set of metrics for R&D in your company. This set of
seminars launches you on the way to improve your performance
through metrics.
The seminars offered are
- Measuring Product Development II (MPDII) - September
27 - This one-day seminar gives you powerful techniques
to measure your product development process. These advanced
techniques and processes cover those areas of product development
that are hardest to measure but deliver the most value by
measuring them, such as loading the product development
pipeline, hurdle rates, tradeoff analysis, and risk and
complexity analysis. Click to view
the abstract for MPDII, or download
the table of contents.
- Proactive and Predictive R&D Metrics (PPRD)
- September 28 - In this one-day seminar you will
understand and create meaningful, forward-looking metrics
for R&D. The seminar helps you move from reactive measures
of past activity to planning, proactive, or predictive measures
that improve the predictability of R&D activities and
projects that lead to bottom-line results. Four metrics
topic areas are covered: planning, proactive, predictive,
and reactive metrics. Click to view
the abstract for PPRD, or download
the table of contents.
- Product Development Metrics Portfolios (PDMP) -
September 29 & 30 - In this one and a half-day
seminar you will learn and use the Linked Metrics Portfolio
(TM) Method, a powerful, step-by-step methodology to a create
linked metrics portfolio. A linked metrics portfolio is
a key tool for managing the R&D organization overall
as well as the projects, functions and improvement initiatives
within R&D. Click to view
the abstract for PDMP, or download
the table of contents.
All seminars feature case studies and examples from a range
of industries and the practical tools you need to implement
metrics in your organization.
Take all three seminars at a discount, or take one or two
seminars according to your needs. Discounts are available
for teams of three or more people attending from the same
company.
If you are planning on attending, register
for the Metrics Summit, please act now as we are almost full!
For more details on the Product Development Metrics Summit,
go to GGI's
web site.
To download a brochure containing more details, schedule
and pricing, click on download
brochure.
UPCOMING PUBLIC SEMINAR - INNOVATION SUMMIT
This is a preliminary announcement to the readers of GGI
RapidNews to let you know that GGI will sponsor its first
ever Product
Development Innovation Summit on December 6-8, 2005
in Norwood, MA. Please join us for eight comprehensive modules
that surround the subject of Innovation in R&D and Product
Development.
The Innovation Modules that will be offered are:
All modules feature some level of case study discussion and
examples from a range of industries. There will be at least
three significant group exercises where attendees will "try
out" well regarded innovation methodologies. As with
all GGI Summits, we will pave the road for you to implement
practical tools in your organization.
Discounts are available for teams of two or more people attending
from the same company.
If RN readers are planning on attending, please register
now for the Innovation Summit. The Early Bird Registration
Period concludes October 10, 2005.
For more details on the Product Development Innovation Summit,
please go to GGI's
preliminary web site. We anticipate the detailed design
of this web site to be complete by mid-September.
MANAGEMENT PRODUCTIVITY
Innovation Scorecard
"R&D Scorecard: 2004", Technology Review,
Massachusetts Institute of Technology: Volume 107, Number
10, December 2004, pages 60-71.
Technology Review published its 2004 R&D innovation
Scorecard in the December 2004 issue. The "Innovation
Index" takes into account not only the size of a company's
R&D budget, but also its increase in spending and R&D
spending as a percent of sales , which is R&D's most commonly
used metric according to all 4 of GGI's Product Development
Metrics Surveys. The second-largest R&D spender, Pfizer,
topped the innovation list with an innovation index of 178,
R&D spending in 2003 of $7.13 million, an increase of
38% over 2002, and R&D spending measured at 16% of sales.
Number two on the list was Amgen, with R&D spending in
2003 of $1.65 million, a 48% change from 2002, and R&D
spending at 20% of sales. Third on the list was Nokia, with
R&D spending in 2003 of $4.51 million, a 23% change from
2002, and R&D spending at 13% of sales. The remaining
companies listed on the Innovation Scorecard were, in order,
Johnson and Johnson, BMC Software, Volkswagen, Sony, Merck
(U.S.), Serono, Astrazeneca, Microsoft, Roche, Novartis, Intel,
and Nissan Motor.
2004 BIENNIAL METRICS SURVEY RESULTS
2004 Product Development Metrics Survey - Product Selection,
IP Management, and Top Corporate Metrics: The Summary
and Highlights Reports for GGI's 2004 Biennial Product Development
Metrics Survey are now available for purchase by the public
through GGI's
Wisdom iStore. These reports are completely based on primary
research performed by GGI researchers. The research includes
202 respondent companies. There was a 5% response rate.
McKinsey & Company, Texas Instruments, Rockwell, Kimberly
Clark, JDS Uniphase, Shure, Curtiss Wright Flight Systems
and Datacard are representative of companies that purchase
market research from GGI.
The 2004 Survey focused on the following 5 areas of product
selection and IP management:
- Product Selection Process
- Product Selection Tools
- IP Management Process
- IP Management Tools
- Top Corporate Metrics Used in Industry RD&E
We have already shared many results with GGI RapidNews readers
since we began this line of business in 1998. 2004 Survey
results ran in six RN issues, RN V5I11 - RN V6I5, which may
be found in the RN
archives, along with results from prior years.
Some additional complimentary information about the survey
is available:
The 2 commercial versions of the survey results that we currently
offer for public purchase are:
1. 2004 SURVEY HIGHLIGHTS: A text-only report (75 pages),
including the full text of all the results and analysis of
the survey population analyzed as a whole, and
2. 2004 SURVEY SUMMARY: A report of composite results, where
the survey respondents are analyzed as a whole (149 pages,
includes a full set of graphed answers for every survey question).
Individual sections of the research reports, as well as logical
combinations of sections are also available. All reports are
available in printed or electronic versions.
These reports are available in the Market Research section
of GGI's
Wisdom iStore.
BOOK REVIEW
Top Down: Why Hierarchies Are Here to Stay and How to
Manage Them More Effectively, by Harold J. Leavitt. Harvard
Business School Press. 2004, 1st edition. 189 pages.
Despite our dislike of hierarchies, they are still the best
way to get things done effectively, asserts Harold Leavitt,
organizational behavior expert and professor emeritus at Stanford
Graduate School of Business, in his latest book, Top Down.
Many have predicted the demise of hierarchies over the past
dozen or so years, but they are still here, have been here
for many years, and are here to stay. They have evolved, especially
since World War II through the following movements:
1. Participatory management - arose in the 1950s to promote
management by objective and small collaborative groups
2. Analytic management - arose in the late 1970s in response
to Japan's booming manufacturing productivity; by-the-numbers
approach to management
3. Hot groups - arose in the 1980s as small groups within
larger companies focused only on solving interesting problems;
they became the founders of the first high-tech start-ups
No one managerial style can guarantee success, and many companies
try to blend the three, with mixed results. It is often the
burden of the middle manager to work out the conflicting pressures
of these different approaches, and the author offers some
coping tools. For success in today's modern hierarchical organizations,
managers/leaders need to focus on three core activities:
1. Implementing - getting things done and motivating others
2. Problem solving - logic, thinking, and systematic planning
to find optimal solutions to complicated problems, while involving
others in the decision-making process
3. Pathfinding - vision, values, imagination, and determination
to choose a direction in which to lead
You can find more information about this book or purchase
it through Amazon.
FEATURED GGI iSTORE PRODUCTS
Discounted Item: Each month, or every other month,
GGI's iStore features one item that we discount 40%. The current
Featured Item is "Structured Innovation: Positioning
Innovation Tools & Exercises in Product Development Processes
Frameworks" (T52), a 105-page MS Powerpoint presentation.
This presentation describes the range of existing innovation
tools and techniques and places them within the context of
the product development process. Section one covers the evolution
of the product development process, from the early days of
throwing over the wall to manufacturing through more definition
of the fuzzy front end and commercialization at the back end,
to the prediction of a separate process for advanced development.
It is very helpful to understand this process evolution and
the management science driving it. Section two provides you
with an extensive list of the available tools and techniques
for innovation. As a result of time compression pressure in
the 1990's approximately 75 innovation techniques were invented.
Four techniques are described in detail:
- Lateral & Parallel Thinking
- TRIZ
- Lead User Identification
- Math-Based DSS Software
Find out when in the product development process is the best
time to use which innovation techniques.
The price for this technical paper, "Structured Innovation:
Positioning Innovation Tools & Exercises in Product Development
Processes Frameworks," has been dropped from $295.00
to $177.00, a deep discount of 40%. GGI's Featured Item changes
approximately every other month and is always offered at a
40% discount.
For more information, or to order this material, please go
to GGI's
Featured Item.
Newly Released Item: While not a featured item, we
want to make you aware of a newly released technical paper,
"Realizing Innovative Designs: The Enabling Processes
& Tools " (T53).
This paper describes current practices in selecting and managing
product and intellectual property, as well as key tools used
to generate innovation. Find out which "power tools"
can help generate innovation and valuable intellectual property
in your company. Best practices in industry for selecting
products can make your R&D process more effective and
get the best products out the door. Discover the opportunities
to capitalize on your IP and gain insights on how to manage
it. The paper contains a significant amount of detailed results
from GGI's most recent primary research, the 2004 Product
Development Metrics Survey.
For more information, or to order this new technical paper,
please go to GGI's
Wisdom iStore.
NEW WEB CONTENT
GTK-Gateways To Knowledge is a DIRECTORY OF THOUSANDS
OF LINKS to providers of engineering, purchasing, and manufacturing
technologies and services. If you hit the right subjects,
it is more useful than a search engine! The main entrance
to GTK can be found at:
http://www.goldensegroupinc.com/gateway/index.shtml
In the month of August 2005, leading up to this issue of
GGI RapidNews, GGI took a vacation from adding to GTK. :)
CONFERENCES OF INTEREST
MRT 10th Annual Metrics Conference: Management Roundtable
will hold its 10th annual conference, "Product Development
Metrics: Achieving the Full Value of R&D," on November
7-9, 2005 in Chicago, IL. The conference will examine strategies,
best practices, methods and tools leading companies are using
to increase overall R&D performance. This year's program
features an exceptional line-up of metrics gurus, thought
leaders, advanced practitioners and folks in the trenches
bridging theory with reality and making it work. This year's
conference keynote speakers are GGI's Brad Goldense, Dr. Robert
Cooper (author of "Winning at New Products"), Don
Reinertsen (author of "Managing the Design Factory, Developing
New Products in Half the Time"), Watts Humphrey (founder
of Software Process Program at Carnegie Mellon University's
Software Engineering Institute), and Robert Schur (Senior
Vice President of STATS Inc.).
Brad Goldense will deliver the keynote address, "The
Future of Product Development Metrics: Corporation, Projects,
& Functions," to explore past, present and emerging
trends in the evolution of product development metrics. Brad
will also conduct a full-day, pre-conference workshop on Monday,
November 7, 2005 on "Product Development Metrics Portfolios."
For more information or to register, go to MRT's
web site.
Frost & Sullivan Executive Summit: Frost &
Sullivan will hold its Executive Summit, "Innovations
in New Product Development, Management & Marketing 2005,"
on November 6-10, 2005 in Miami, Florida. The summit will
present new ideas and creative strategies for portfolio and
product planning, management, and marketing vital to propelling
product profitability and market performance.
Brad Goldense will deliver the keynote address, "Innovation
Management: From Ideation to Commercialization," on Thursday,
November 10, 2005. Thursday's program features a special focus
on emerging technologies.
For more information, or to register for the Executive Summit,
go to Frost
& Sullivan's web site.
CALENDAR OF INDUSTRY EVENTS
GGI's Calendar of Industry Events contains an up-to-date
listing of links to Conferences, Seminars, Distance Learning
Centers, Webinars, Colleges & Universities, Executive
Education, and Corporate-Sponsored Universities. The calendar
has just been updated with more conferences and seminars throughout
2005. The categories we follow are:
The categories of conferences, seminars, and distance learning
are further organized into the following subject areas:
- Strategic, Knowledge & General Management
- Marketing & Sales - Mechanical, Electro-Mechanical,
Electrical, & Electronic
- Marketing & Sales - Pharmaceutical, Biotechnology,
& Life Sciences
- Product Development - Mechanical, Electro-Mechanical,
Electrical, & Electronic
- Product Development - Pharmaceutical, Biotechnology, &
Life Sciences
- Manufacturing & Automation - Mechanical, Electro-Mechanical,
Electrical, & Electronic
- Manufacturing & Automation - Pharmaceutical, Biotechnology,
& Life Sciences
- Software, Internet & IT
- Project Management
- Metrics
If you are looking for a conference or other learning opportunity,
check out the Calendar. This free service for our readers
is front and center on GGI's
Home Page. Or, go directly to the Calendar
of Industry Events MEGA Gateway.
TELEVISION EVENTS
Alexander Haig's World Business Review: Brad Goldense
has made several appearances on Alexander Haig's World Business
Review in the past year. Streaming video is available for
all shows, which aired on August 4, September 29 and December
15, 2002 and on May 20, 2003. See below for details.
May 20, 2003 Broadcast of September 29th In-Studio with
Alexander Haig (22.5 minutes): Streaming video for this
segment is available on GGI's
web site.
December 15, 2002 In-Studio with Alexander Haig (7.5 minutes)
on CNBC paid programming: Streaming video for this segment
is available on GGI's
web site.
September 29, 2002 In-Studio with Alexander Haig (22.5
minutes): Streaming video for this segment (as well as
the entire 30-minute show) is available on GGI's
web site.
August 4, 2002 On-Location at GGI (3.5 minutes): This
On-Location field report is available in streaming video on
GGI's
web site.
The web page includes links to download a streaming video
player, if you do not currently have one installed on your
computer.
For more information on any of Brad's appearances on television,
go to:
http://www.goldensegroupinc.com/ggiontv.shtml
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GGI RapidNews is an e-mail publication from Goldense Group,
Inc (GGI). Its subject matter includes survey findings, company
news, book and article reviews, key industry conferences and
R&D information of interest to clients and associates.
Please send communications to rn(at)goldensegroupinc.com.
Thank you.
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