The era of corporate innovation began roughly fifteen years ago, started by industry leaders in the mid-1990s with successful targeted disruptive innovations and chasm crossings. Today, most companies have now tried out many new approaches and at least changed some of their historical innovation practices to lead, compete, or to just keep up.
John Stark, noted author on the subjects of Product Data Management and Product Lifecycle Management and Director of John Stark Associates which is a research and consulting firm based in Switzerland, has collaborated with GGI on various projects for the better part of the past thirty years. John Stark Associates publishes a bi-monthly newsletter entitled the “2PLM e-zine” that focuses on the subjects and issues of importance to product development and lifecycle management professionals. Each time GGI publishes the results of our primary research studies, John Stark runs a six-part series in the 2PLM e-zine.
The first article of the six is a general announcement to the 2PLM readership that alerts them to the upcoming five content pieces. This first 2PLM article was published yesterday July 7, 2014. The remaining articles will occur over the next two and one-half months as each bi-monthly issue is published.
The GGI study, entitled the “2014 Product Development Metrics Survey”, was conducted by sending questionnaires to a wide range of companies developing products throughout North America. Participating companies had headquarters throughout the Americas, Europe, and Asia, but their response was for North American R&D-Product Development operations. Complete data sets were received from 200 companies. Consumer, industrial, medical, chemical, and automotive/vehicular products were the top respondent industries. Participants completed 31 questions detailing their demographic information and practices in the following five research areas: R&D Operating Environment, Organic Innovation, Open Innovation, Intellectual Property, and the Top Corporate Metrics used to measure R&D and Product Development. The research period was September 2012 to October 2013. The results were published March 3, 2014. This research is statistically valid and provides a Margin Of Error for each research question.
The pages at which 2PLM is published are: