Published: 26 July 2023
R&D leaders often struggle to articulate a clear R&D strategy. R&D leaders can guide their function in constructing a strategic, balanced portfolio of projects designed to deliver long-term growth for the enterprise by clarifying how R&D investments drive corporate objectives.
A well-defined R&D strategy should articulate the current and desired future state of the R&D function and provide the foundation for R&D leaders’ portfolio and project management decisions, clarifying how R&D teams will achieve corporate- and function-level goals.
A “strategy on a page” document can help ensure that the R&D strategy is concise and clearly articulated.
R&D leaders can create a strategically aligned, balanced R&D portfolio by linking R&D resource allocation to R&D- and enterprise-level objectives and investing in opportunities that align with the organization’s strategic priorities.
Metrics and visual tools can help convey the R&D function’s strategic value to senior
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