Published: 11 May 2022
Summary
This research is the second part of a two-part series that examines how R&D leaders and their teams manage and evaluate early-stage technologies. This document highlights common challenges R&D organizations face when managing and evaluating early-stage technologies, along with recommended solutions.
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Overview
Key Findings
R&D organizations have trouble identifying and using the appropriate processes when getting ideas into the funnel, selecting and prioritizing the right projects, and ensuring evaluation methodologies provide meaningful differentiation between projects being evaluated.
Another challenge is building the necessary capabilities, and securing and reallocating resources to build technologies.
R&D organizations struggle to ensure the R&D portfolio has the right balance between incremental and transformational technology projects.
Determining the appropriate application for successful commercialization and gaining executive and commercial team buy-in is also a major challenge.
Recommendations
R&D leaders responsible for managing and evaluating early-stage technologies should:
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Analysts:
Research and Development Research Team