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GGI RapidNews R&D Product Development eZine: Volume 8, Issue 8 - August 7, 2007
In This Issue GGI BIENNIAL SURVEY - 2007 Survey is Underway GGI NEWS & NOTES - Kirby and Kennedy named Associate, Consulting GGI NEWS & NOTES - Updated Calendar Includes Key Fall Conferences MANAGEMENT PRODUCTIVITY - Ocean Tomo hosts Live IP Auction October 2007 MANAGEMENT PRODUCTIVITY - Rapid Prototyping Enters 3rd Year of Strong Growth BOOK REVIEW - Transforming Performance Measurement UPCOMING PUBLIC SEMINAR - METRICS SUMMIT August 2007 UPCOMING PUBLIC SEMINAR - INNOVATION SUMMIT October 2007 Early Bird rates THE WISDOM iSTORE FEATURED PRODUCT 40% OFF- 2004 Metrics Survey Results THE WISDOM iSTORE NEW LISTINGS - No Products 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 --------------------------------------------------------------------- GGI BIENNIAL SURVEY - 2007 Underway GGI's 2007 Biennial Product Development Metrics Survey is now available on the web. We extend our sincere thanks to the group of Beta-testers who provided feedback to us across a range of industries. This year's theme is "Innovation Processes, Tools, Techniques, & Metrics." Each GGI Biennial Survey has a "research theme" that we select based on what we believe will be a hot topic in industry for the next 2-5 years. In the past we have surveyed product selection and decision making, capacity management, and intellectual property. In 2004, "innovation" became a hot topic and was ranked by CEOs in several different surveys as being among their top three priorities. The importance continued until this past year when, due to a perceived inability to make innovation tangible, CEO's lowered its priority. GGI believes that this is a temporary setback that will spur management, management scientists, and industry advisors to work towards concrete actions that will make innovation more tangible. Towards that end, we have designed a primary research questionnaire to explore some of the more tangible aspects of innovation that exist today. There are processes that are used to innovate. There are tools that are available to facilitate brainstorming and other critical thinking. There are metrics that drive behavior. Our 2007 primary research will help to bring to the forefront what is tangible today and how well industry understands it and uses it. We invite all product development professionals to participate in the survey by logging on to http://www.goldensegroupinc.com/research-product-development-innovation-process-metrics.shtml. The site provides a description of past surveys as well as instructions for completing the current version. If you are already familiar with GGI's Biennial Survey and wish to participate in 2007, please
All participants will receive a complimentary 40-50 page Summary of the Survey Results at the conclusion of the study. The Summary will address each survey question. For each survey question, we will provide factual observations, management analysis, and graphed answers. GGI is more generous than other firms in what we provide back to the folks that make the time to participate in our research. We understand how busy every one is and a short summary of highlights does not provide an adequate return on time invested. We have received only compliments for what we have provided participants in the past. Please be sure that your responses will be held 100% confidence. We will never release data in any form that can be attributed to a single company or single response. We will never release data in a small enough sample that any person or organization can figure out which companies were in the sample. GGI has been in business for twenty years and we understand the importance of being trusted and confidential. In fact, we believe that the survey questions do not request any information that would be considered confidential in nature and thus would require permission of a senior manager to be released. The survey close date is October 15, 2007. For more information please contact Brett Kratchman at GGI at 781-444-5400 x202.
GGI NEWS & NOTES - Staff Updates Two members of the GGI staff have been named to the position of Associate, Consulting. In his new position, Timothy P. Kirby is baselining performance metrics for a major player in the cable television market. Additionally, he is involved with GGI's Educational Summits and with the company's 2007 Biennial Survey. Kirby has developed business skills in the areas of financial analysis, planning and scheduling, personnel management, customer service and direct sales. He holds a BS in Business Administration from Northeastern University with concentrations in new venture management and marketing. Among the responsibilities of her new position, Joyce F. Kennedy is conducting personnel staffing ratios analysis and industry competitive analysis for a West Coast high-tech firm. She is also responsible for the operational metrics that measure the management of GGI's Intellectual Property. Ms. Kennedy has developed business skills in the areas of planning and scheduling, personnel management, office management, graphics and production, customer service and sales. She has contributed to the company's research on product development process,including emergent Agile Software methods. Ms. Kennedy holds a BA in Political Science from Assumption College. GGI NEWS & NOTES - Updated Calendar Includes Key Fall Conferences If you are looking for a conference, please be sure to take a minute and browse our newly updated Conferences Gateway in our Calendar of Industry Events. The Conference Gateway has just been updated with 62 upcoming events through the end of 2007. In the Calendar of Industry Events are links to Distance Learning Centers, Colleges and Universities, Executive Education, and Corporate-Sponsored Universities. The events include a full range of subject areas such as:
GGI's Calendar of Industry Events is an ongoing free service provided to our readers. It is accessible on the GGI home page through the "Calendar of Industry Events" icon.
MANAGEMENT PRODUCTIVITY - Ocean Tomo Hosts Live IP Auction Oct 07 Condensed from Ocean Tomo public mailing. Intellectual Property pioneer Ocean Tomo will conduct its fifth Live IP Auction this October in Chicago, with offerings including trademarks, copyrights and domain names.The two-day event is scheduled for October 24-25 at the Palmer House Hilton. The first day's activities include a variety of IP workshops followed by an Auction Gala Dinner featuring Richard Sandor, founder of the Chicago Climate Exchange, as Keynote Speaker. The live auction of 54 lots of IP assests will begin at 2 p.m. on Thursday, October 25. Asset categories include:
To attend, complete the registration form on the Ocean Tomo Web site. An on-line catalogue is also available on the site. MANAGEMENT PRODUCTIVITY - Rapid Prototyping Enters 3rd Year of Strong Growth Condensed from a private web page at wohlerassociates.com, Wohler Associates, Inc., Fort Collins, Colorado, www.wohlersassociates.com. The Rapid Prototyping industry has remained solid over the past three years, with an average annual growth of 23.3%, according to the Executive Summary of Wohlers Report 2007. Additive fabrication has contributed to this growth and is having a favorable impact on design and manufacturing around the world. In 2006, 35 manufacturers world-wide sold additive systems,the same as in 2005. When the price of 3-D printers drops to under $10,000, Wohlers predicts a corresponding drop in the price of machined prototypes. The research firm also predicts an increased demand for Rapid Manufacturing technology. More information about the state of Rapid Prototyping, including industries are served and percent revenues from each, is available in the 2007 Wohlers Report. Other information covered in the report includes:
A copy of the full 2007 Wohlers Report is available at the Wohlers Associate Web site. BOOK REVIEW Transforming Performance Measurement: Rethinking the Way We Measure and Drive Organizational Success, Dean R. Spitzer, PhD, American Management Association,2007, Copyright 2007 Dean R. Spitzer,ISBN-10: 0-8144-0891-5. In our corporate culture of measures and metrics, this book helps us to step back and look at the measurement process rather than solely at the implementation of the methods themselves. Written for people throughout the organization, Transforming Performance Measurement presents a breakthrough approach that reduces dysfunctions of current measurement systems, promotes alignment with business strategy, and maximizes cross-enterprise integration. Spitzer notes that "real solutions to organizational problems are predominately social, not technical." Therefore, performance measurement should include consideration of the social factors that determine how well measurements get used. Managers should ask: Successful companies:
Spitzer presents 34 Transformational Measurement Action Plans that address important measurement areas including customer, financial, health and safety and information technology constructs. These Action Plans are intended to stimulate thinking, change mental models and provide a starting place to create one's own "Transformational Measurement Action Plans. While you will not find pat answers in this book, it does offer valuable insight and practical guidance for mastering the practice of innovation. We highly recommend Payback to managers who want to achieve maximum return on their innovation investment. This book provides timely insight on innovation to anyone involved in product development, be they in marketing, engineers, manufacturing or management. To learn more about Transforming Performance Measurement: Rethinking the Way We Measure and Drive Organizational Success, or to order the book, visit the Amazon.com Web Site.
UPCOMING PUBLIC SEMINAR - METRICS SUMMIT August 2007 We are delighted to be offering our Metrics Summit again in August 2007. Many prior Metrics Summit participants were kind enough to share their written comments so that future participants could get a better idea of what to expect Testimonials. GGI's Product Development Metrics Summit will be held August 21-23, 2007 in Metro Boston. Please join us for a series of three seminars, focused on major areas of importance to R&D executives and managers. GGI's Product Development Metrics Summit will be held August 21-23, 2007 in Metro Boston. Please join us for a series of three seminars, focused on major areas of importance to R&D executives and managers. The first seminar [Measuring Product Development II (MPDDII)- August 21] addresses setting hurdle rates, assessing risk and complexity, tradeoff analysis, measuring capacity, and assessing overall financial performance. Click here to view the MPDII abstract or to download the table of contents. The second seminar [Proactive and Predictive R&D Metrics (PPRD) - August 22] focuses on three stages of developing early, predictive metrics that will enable managers to foresee issue on the horizon or to know that success is in front of them. Click to view the PPRD abstract or to download the table of contents. The third seminar, a capstone, [Product Development Metrics Portfolios (PDMP) - August 23] covers the areas of metrics for R&D and product development that are not discussed in the prior two seminar days and then shifts focus. Company teams gather and working groups form around Innovator, Innovator/Extender, Balanced, and Extender R&D strategies for the purpose of developing a set of measures for the R&D organization as a whole, including the few measures that should be used by the corporation to measure R&D productivity, output, and overall performance results. Click to view the PDMP abstract or to download the table of contents. All three seminars are geared to executives and top-level professionals that manage entire organizations, departments, and budgets. It is also of benefit to senior program management executives. Registration is easy. If you are registering a team, you can register any number of people in one transaction. Our site provides for the contact information for one person though and we will contact you to get the contact information for the remaining registrants. If you are already registered, leisure time activities may be useful for planning transportation, meals, and personal time outside the Summit. For more information please download a brochure.
UPCOMING PUBLIC SEMINAR - INNOVATION SUMMIT October 07 - Early Bird Rates GGI will sponsor its R&D--Product Development Innovation Summit on October 2-4, 2007 in metro Boston. Please join us for eight comprehensive modules that surround the subject of Innovation in R&D and Product Development. The goals of the Innovation Summit are to help innovation leaders sort out "innovation processes" from "innovation tools and techniques. The Summit will review the history of innovation over the past 15 years and will inventory the range of tools, techniques, and software available today. All of this will be put in a context so that specific action may be taken to improve a company's inventive abilities. The Innovation Modules are:
All modules feature some level of case study discussion and include examples from a range of industries. There will be three group exercises to practice well-regarded innovation methodologies. As with all GGI Summits, we will pave the road for you to direct the selection and implementation of tools and process that will bring leverage to 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. For more details on the Product Development Summit, please go to GGI's Innovation Summit web site which is also available on our home page. If you are already registered, our leisure time activities page may prove useful for planning transportation, meals, and personal time outside the Summit.
THE WISDOM iSTORE FEATURED PRODUCT Discounted Item: Periodically, GGI's iStore features one item that we discount 40%. We just changed the item a few days ago and are now offering our 2004 Product Development Metrics Research Summary.MR32h, 2004 Product Development Metrics Research Summary (Hard Copy) Goldense Group, Inc., Needham, MA, USA, ISBN 1-932468-32-2, October 2004 [149 pages] $1,430.00 [List Price $2384.00] This survey focuses on: product selection processes and the tools employed, the intellectual property (IP) management processes and tools employed, and the top corporate R&D metrics used in industry. The 2004 Product Development Metrics Research Summary is a 149 page report containing text and slides that describe and analyze the survey population of 202 companies. It provides interesting results regarding the methods and tools companies use to select projects and to generate innovation and/or intellectual property. It also includes the similarities, differences, and interrelationships between the product selection processes and their related IP management processes. 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.
THE WISDOM iSTORE NEW LISTINGS No New Products This Month 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: 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 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 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. 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 GGI's Wisdom iStore. These reports are completely based on primary research performed by GGI researchers. Information about the purpose and focus of prior surveys may be found in our biennial survey archives.
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. Technology Providers
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. The calendar has just been updated with 60 upcoming conferences and seminars throughout 2007. The categories we follow are: The categories of conferences, seminars, and distance learning are further organized into the following subject areas: 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. 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/ggi-goldense-product-development-tv-television-broadcast.shtml. --------------------------------------------------------------------- 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. | |||