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Managing R&D

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What do you believe are the most important pitfalls in managing R&D?

Why is technology roadmapping important?

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Solution Summary

What do you believe are the most important pitfalls in managing R&D is determined. Why technology roadmapping is important is determined.

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What do you believe are the most important pitfalls in managing R&D?

The most important pitfall is that often, R&D fails to align with the overall corporate objective and long term strategic objectives. In the absence of adequate technology planning, often R&D efforts and resources spent on such efforts go waste as organizations fail to balance product and process innovation, align spending with current and future business strategies and fail to leverage company's intellectual property to its fullest potential.

Many companies are unable to track the output ...

Solution provided by:
Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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