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GGI RapidNews R&D Product Development eZine: Volume 9, Issue 5 - May 7, 2008
GGI RapidNews is published approximately once a month.

 

In This Issue

GGI BIENNIAL SURVEY -Update On GGI's 2008 Primary Research Project

MANAGEMENT PRODUCTIVITY - Better Process Podcast

MANAGEMENT PRODUCTIVITY - BW 2008 Top 25 Most Innovative Companies

GGI METRICS SUMMIT # 8 - June 17-19 - Boston

MANAGEMENT PRODUCTIVITY - Ocean Tomo's Spring IP Auction Results

BOOK REVIEW - Diffusion Of Innovations

THE WISDOM iSTORE FEATURED PRODUCT 40% OFF - Design Review 10-Pak

THE WISDOM iSTORE NEW LISTINGS - No New Products Announced This Month

BIENNIAL PRODUCT DEVELOPMENT SURVEY - 2004, 2002, 2000, 1998 Results

GATEWAYS TO KNOWLEDGE - A Monthly Feature

CALENDAR OF INDUSTRY EVENTS - A Monthly Feature

TELEVISION EVENTS - Alexander Haig's World Business Review

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GGI BIENNIAL SURVEY - Update On GGI's 2008 Primary Research Project

We are quite close to providing all participants in the research with their copy of the results, it will be some time in the next few days.  Over the next few months, we will provide all RN readers with selected extracts of our findings.

Meanwhile, Industry Week heard about this research effort and interviewed our researchers to get some advance "text bytes" of information that are published in the Industry Week May issue.  They are also available on Industry Week's web site.  There are three URLs that comprise the article.

John Teresko,   "The Future of R&D:  Leveraging Innovation," Industry Week, Penton Publishing, Cleveland, Ohio, USA, WWW Posting April 17, 2008.  
http://www.industryweek.com/ReadArticle.aspx?ArticleID=16114

John Teresko,   "Seven Emerging Trends In R&D Metrics," Industry Week, Penton Publishing, Cleveland, Ohio, USA, WWW Posting April 17, 2008.  
http://www.industryweek.com/ReadArticle.aspx?ArticleID=16115

John Teresko,   "Metrics Matter [Top 10 @ 1998 vs 2008]," Industry Week, Penton Publishing, Cleveland, Ohio, USA, WWW Posting April 17, 2008.
http://www.industryweek.com/ReadArticle.aspx?ArticleID=16116

We would like to express our appreciation once again to those folks that participated in this research effort!  Thank you!



MANAGEMENT PRODUCTIVITY - Better Process Podcast

A call came out of the blue to GGI's office this past month from a gentleman who interviews thought leaders on the subject of improving processes in corporations, records the discussion, and makes it available to the public as a podcast.  The general theme is "issues that small and medium businesses grapple with to compete in an environment that increasingly favors the economies of scale that large companies enjoy."

Brad Goldense was interviewed and two podcasts resulted from the discussion.

Ken Rayment,   "Industry Report - Part I," Better Process Podcast, Podcasternews.com, Ft. Collins, Colorado, USA, WWW Posting April 23, 2008.
http://www.podcasternews.com/bpp/5064/

Ken Rayment,   "Industry Report - Part II," Better Process Podcast, Podcasternews.com, Ft. Collins, Colorado, USA, WWW Posting April 23, 2008.
http://www.podcasternews.com/bpp/5065/

Ken Rayment works for a well known Fortune 1000 company in the Manufacturing Engineering discipline in Colorado.  Ken skips lunch most every day and does the "Better Process Podcast," largely as a way of giving something back.  Several companies sponsor his volunteer effort.



MANAGEMENT PRODUCTIVITY - BW 2008 Top 25 Most Innovative Companies

Condensation of "INSIDE INNOVATION:  Smart ideas for tough times, plus the World's 25 Most Innovative Companies," Business Week, April 18, 2008, pages 51-82, published by McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020, USA, ISSN 0007-7135.

>From the infocus section by Jena McGregor
- Of the Top 10 Companies, 6 were from the US, 2 were from Japan, 1 was from India, and 1 was from Finland.  Of the Top 25 Companies, 19 were from the US, 3 were from Japan [Toyota, Sony, Honda], 1 was from India [Tata], 1 was from Finland [Nokia], and 1 was from Germany [BMW].

Google and Apple continue to be the top two several years in a row now. Apple has held the top spot for the last two consecutive years. Toyota was third.  GE was fourth.  Microsoft was fifth.  Tata was sixth.

Three of the top nine companies compete in the gaming business.  Microsoft beat Nintendo who was seventh who beat Sony who was ninth.  Social networking site Facebook made the list in the twenty-fifth spot.

Of the Top 25 Companies, 18 were commercial or industrial or high-tech manufacturers, 2 were pure-software [Amazon and Facebook], 2 were retailers [Wal-Mart and Target], 1 was financial services [Goldman Sachs], and 1 was entertainment [Walt Disney].  Note that Sony is also in the entertainment business.

From the indata section by Matt Vella - Collaborative innovation was the major theme of this year's World Economic forum in Davos.  80 percent of corporations currently support group work among white-collar workers.  Of those corporations, 9 percent prefer working in groups of two, 54 percent prefer working in groups of three, 27 percent prefer working in groups of four or more, and 10 percent prefer working alone.  The article also offers interesting statistics on the motivation for collaboration and collaboration frequencies among white-collar workers.
This years rankings were jointly developed by the Business Week Editorial Staff and the Boston Consulting Group.  For more information, please visit the Business Week web site.



GGI METRICS SUMMIT - June 17-19, 2008 - Boston

An integrated metrics program will result in greater speed in new product development, more profitable products, and improved performance of your research and development environment. What does such an integrated program entail? Find out by attending GGI's Product Development Metrics Summit to be held June 17-19, 2008 in metro Boston.

The Metrics Summit is a series of 3 seminars, focused on 3 major areas of importance to R&D executives and managers. Download a Brochure. Download a Summit At-A-Glance.

All three seminars are geared to top-level professionals that manage entire organizations, departments, budgets, and senior program management executives. An excellent approach would include two to four key staff members who could produce a result for the R&D organization as a whole.

If you wish, please view a list of Companies who have participated in prior GGI Summits. We are grateful to the September and December 2005 participants who provided us with a Testimonial, Testimonial. We are grateful to the March and September 2006 participants who provided us with a Testimonial, Testimonial. We are grateful to March and August 2007 participants who provided us with a Testimonial, Testimonial.  We are grateful to the January 2008 participants who provided us with a Testimonial.

Reserve your place today - space is limited. Visit us on line to Register.

Bring your team and come away with your company's solution! This is an excellent opportunity to quickly leverage the power of metrics. Discounts apply for teams of 3 or more attending from the same company.  Teams of 3 or more receive an additional discount of $254 per person. 



MANAGEMENT PRODUCTIVITY - Ocean Tomo's Spring IP Auction Results

We have been keeping RapidNews readers briefed for a couple years now on the emerging market for the sale of intellectual property [IP].  Ocean Tomo is the market leader.  Ocean Tomo is a Chicago-based company that holds several IP auctions each year, in North America and Europe.  These auctions are something analogous to the "eBay of IP," although the proposed seller is not bound to honor any bids including the highest bids unless they agree with the amount offered by the prospective purchaser.  The statistics continue to grow and improve with each auction, more buyers and sellers are getting involved.

Condensed from Ocean Tomo public mailing.

The Spring 2008 North America auction was held April 4 in San Francisco.  A complete summary of the results may be found on Ocean Tomo's web site, at the bottom of the page.  A short summary of the results is:

Cumulative Sales:               $19,629,500
Average Sale Price Per Lot:     $370,368
Highest Selling Lot:            $6,600,000
Transaction Success Rate:       62% [53 of 85 offered lots sold]
Seller Success Rate:            62% [43 of 69 sellers sold lots]

The next Ocean Tomo auction will be June 25-26, 2008 in Amsterdam.



BOOK REVIEW                     

Diffusion of Innovations, Everett M. Rogers, 5th Edition, The Free Press, August 2003, ISBN-13: 9780743222099.

First published in 1962, this book earned the author his academic reputation for helping to understand why some innovations are adopted, while others are ignored.  Originally written to study innovations in rural agriculture, it has become the standard textbook on diffusion theory for many other fields including new product R&D.
In this edition, the author continues the refinement of the original diffusion model, provides numerous examples of recent new product innovations, addresses organizational innovation, and discusses the ways that the Internet has changed the nature of the innovation process.

According to the author, diffusion refers to "the process by which an innovation is communicated through certain channels over time among the members of a social system." An Innovation is an idea, practice or object perceived as new by an individual.  The innovation decision is often made through a cost-benefit analysis where uncertainty, consequences, and time are the major obstacles. The author states that the Internet speeds the diffusion process by providing a free and almost instantaneous one to many communications mechanism, and for certain innovations, speeds up the innovation's rate of adoption.
Expanding on earlier concepts in diffusion theory, this author makes the following remarks about organizational innovation and the organization's ability to sustain the innovation after adoption.  Sustainability is more likely if widespread participation has occurred in the innovation process, if re-invention took place, and if an innovation champion was involved. 

This book is a must-read for anyone involved with, or curious about innovation.
For more information about Diffusion of Innovations or to order a copy of the book, go through GGI's Bookstore to the Amazon.com Web Site.



THE WISDOM iSTORE FEATURED PRODUCT 40% OFF - 2004 Survey Summary

Discounted Item: Periodically, GGI's iStore features one item that we discount 40%. We are now offering our 2004 Survey Summary Report, MR32c, in pdf format.

2004 Survey Summary [Electronic Copy - Corporate License],  Goldense Group, Inc., Needham, MA, USA, $715.00 [List Price $1,192.00]

This primary research focused on the following five areas of product selection and intellectual property management:

   * Product Selection Process
   * Product Selection Tools
   * IP Management Process
   * IP Management Tools
   * Top Corporate Metrics Used in Industry RD&E

GGI's Featured Item changes approximately every other month and is always offered at 40% discount. To order this material, please go to GGI's Featured Item on the GGI Home Page or find this item in the Primary Research section of The Wisdom iStore.



THE WISDOM iSTORE NEW LISTINGS

There are no new products being announced this month. 

The "2008 Survey Highlights" report and the "2008 Survey Summary" report will be announced in June.  Both are currently available to order in the Primary Research section of The Wisdom iStore, but will be "back ordered" for approximately one more week.



BIENNIAL METRICS SURVEY RESULTS
2004 Product Development Metrics Survey - Product Selection, IP Management, and Top Corporate Metrics:  The Summary Report (MR32h) and Highlights Report (MR31h) 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 five 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:

  • Marketing Brochure
  • Detailed Description of Research Topic Areas

The three 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).
3. 2004 SURVEY RESULTS:  A report of composite results, where the survey respondents are analyzed as a whole AND five different cross-sections of the survey data contrasting Public vs Private, High Tech vs Low Tech, Big vs Small Revenues, Large Number of Employees vs Few Employees, and Process vs Repetitive, vs Discrete vs Job Shop (313 pages, includes a full set of graphed answers for survey questions).

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 Primary Research Section of The Wisdom iStore.

2002, 2000, 1998 Product Development Metrics Survey:  The Summary and Highlights Reports for GGI's prior Biennial Product Development Metrics Surveys
are also available for purchase by the public through The Wisdom iStore.  Please select the "Primary Research" button

Information about the purpose and focus of prior surveys may be found in our Biennial Survey Home Page.



GATEWAYS TO KNOWLEDGE

GTK- Gateway 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

For those of you that do not want to go through the main entrance above, some of the Gateways that we believe you will find useful or entertaining are highlighted below.




CALENDAR OF INDUSTRY EVENTS

GGI's Calendar of Industry Events contains an up-to-date listing of links to Conferences, Seminars, Distance Learning Centers, Colleges & Universities, Executive Education, and Corporate-Sponsored Universities. 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 located in the left side of GGI's Home Page. Look under "Free Tools & Services/Calendar."



TELEVISION EVENTS

Alexander Haig's World Business Review: Brad Goldense has made several appearances on Alexander Haig's World Business Review. 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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