Product Development Metrics for Manufacturers: Measuring Your Productivity

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 107 Min. Audio MP3 - No shipping cost
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Benefits

R&D and product development organizations are behind transaction processing and operations functions in their understanding of measurement and its place in the organization. Six Sigma and Lean initiatives have facilitated great improvements in corporations without significantly benefiting most marketing, R&D and product development organizations. Inventive professionals resist measurement citing that it reduces innovation and invention. R&D and product development measurement practices have not changed significantly over the past 30 years, while other business functions have undergone transformations.

Globalization, business alliances and the need for improved organic innovation to gain strategic advantage are driving significant changes in measurement practices for innovative functions. Improvements in the science of management of these activities are on the fast track. Some emergent techniques of a few years ago are now clear trends. Intellectual property, for example, will rise greatly in its importance in the coming decade. This teleconference will provide you with a state of practice snapshot. The key metrics that are likely to pass the test of time will be identified. Current corporate R&D metrics practices will be benchmarked, along with the most frequently used metrics for R&D and product development. A framework that delivers a comprehensive metrics solution that most companies can figure out how to implement without outside assistance will be explained to conclude the teleconference.


Agenda

  1. Evolution of Product Development Process and Metrics
    1. Time Line 1970-2010
    2. Best Practice Process Design
    3. Emergent Early Stage Advanced Development Process Designs
  2. Top R&D Product Development Metrics Used in Industry
    1. Top 10 Measures
    2. Top Innovativeness Measures
    3. Top Productivity Measures
  3. Emergent R&D Product Development Results and Productivity Metrics
    1. Return on Innovation
    2. Research and Development Effectiveness Index
    3. NPV Efficiency
    4. Patent Diffusion
    5. Price Premium
    6. Several More
  4. Number of Metrics Governing Corporations and R&D Organizations
    1. Corporate Metrics Sets
    2. R&D Metrics Sets
    3. Degree of Strategic Linkage Between R&D Product Development and Corporation Metrics
  5. Linked Metrics Portfolio®
    1. Framework Spanning Organization Levels, Roll-Up Lower Levels to Get Overall Performance
    2. Sets of Metrics for Projects
    3. Sets of Metrics for Functional and Technical Disciplines
    4. Overall Metrics Portfolio
  6. Conclusion
    1. U.S. Government Statistic for R&D’s Contribution to United States Overall Productivity

Faculty

Bradford L. Goldense, NPDP, CMfgE, CPIM, CCP, Goldense Group, Inc.

Bradford L. Goldense, NPDP, CMfgE, CPIM, CCP
  • President of Goldense Group, Inc., a 23-year-old consulting, market research and education firm
  • Practice emphasizes product management, R&D product development, transition to operations, product launch and sustaining engineering
  • Conducts regular seminars and workshops on R&D product development metrics, innovation and best practices
  • Conduct biennial survey of North American practices in R&D and product development
  • Cited in Business Week, Industry Week, CFO Magazine, Machine Design, Design News and others
  • Co-Author of benchmark article on integrating intellectual property and product development processes
  • Author of 250 publications related to the areas of market and product strategy, customer requirements, product definition, product development process, design reviews, product data management, benchmarking, productivity and metrics
  • Holds various professional certifications
  • M.B.A. degree, Cornell University
  • B.S. degree, Brown University
  • Contact him at 781-444-5400 or blg@goldensegroupinc.com





These Materials are Designed For

Manufacturing engineers, presidents, vice presidents, plant managers, quality control personnel, operation managers, facility managers, owners, controllers, inventory specialists, design professionals, operators and technicians

CD & Manual - CD Set with bound 28 page manual
Podcast - 107 Minute MP3 with 28 page electronic manual - Immediate Access and No Shipping Cost