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SME MM930255
- Metrics For Benchmarking Strategic R&D Processes
- standard by Society of Manufacturing Engineers, 06/01/1993
- Publisher: SME
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REENGINEERING OF STRATEGIC R&D PROCESSES MUST OCCUR CONCURRENTLY WITH THE REENGINEERING OF TACTICAL PRODUCT DEVELOPMENT PROCESSES. IMPROVEMENTS MUST OCCUR IN NEW PRODUCT ACTIVITIES EXECUTIVES ARE DIRECTLY RESPONSIBLE FOR. BY THE LATE 1990'S, EXECUTIVES MUST ALSO COMPLETELY OVERHAUL THE R&D AND PROJECT FUNDING PROCESS BECAUSE FUNDING AND DECISION MAKING TIME WILL EXCEED TOTAL DEVELOPMENT TIME. METRICS WILL PROVIDE THE FACTS REQUIRED FOR MAKING SOUND DECISIONS IN THESE AREAS.