Top 30 R&D Metrics Identified At The 12th R&D-Product Development Metrics Summit - May 10-12, 2011
NEEDHAM, Mass. — (BUSINESS WIRE) — February 11, 2011 — The application of metrics and measures in effective and productive ways by officers, managers, and lead professionals is the focus of the 12th R&D-Product Development Metrics Summit. The goal of the Summit is to communicate the State-Of-Practice of measurement in R&D and Product Development, and the Top Measures used by industrial and high-tech companies. A second goal is to codify the Changes Taking Place in measurement as companies strive to maximize innovation in the 21st century. There is significant activity in measures that quantify overall results while placing increased emphasis on Intellectual Property, Technology/Advanced Development, Alliances, and Open Innovation.
Measuring Product Development II [MPDII – May 10] is focused on the issues that top management has to deal with that are partially intangible. The topics span setting hurdle rates, assessing risk and complexity, tradeoff analysis, measuring capacity, decision-making, and assessing overall financial and technical R&D-Product Development performance.
Proactive and Predictive R&D Metrics [PPRD – May 11 AM] is focused on three different stages of developing early metrics that enable managers to plan for and to then foresee the horizon in front of them. GGI pioneered the Body Of Knowledge of proactive and predictive metrics in the early 1990s.
Product Development Metrics Portfolios [PDMP – May 11 PM and May 12] is an interactive Workshop combined with the presentation of new content. Participants work in groups to develop "a set of measures suitable for measuring the entire organization and the essential activities within it." The metrics dashboard each group will create will contain a comprehensive set of measures for innovation functions as a whole based on the industry-recognized Linked Metrics Portfolio® framework. The framework is inclusive of projects, functional and technical disciplines, improvement efforts, and overall organization performance indicators. Three to five organization levels can be linked together with a common set of measures.
This Summit will be led by Bradford L. Goldense NPDP, CMfgE, CPIM, CCP, President of Goldense Group Inc. [GGI]. Brad is a recognized Subject Matter Expert. GGI is a recognized thought leader in metrics, measurement practices, and innovation processes for over two decades.
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