Check out our FREE Resources page – Download complimentary business frameworks, PowerPoint templates, whitepapers, and more.

We have categorized 4 documents as Research & Development. All documents are displayed on this page.

John Chambers, former CEO of Cisco Systems, famously stated, "Without an innovation strategy, different parts of an organization can easily wind up pursuing conflicting priorities – even if there's clear agreement on the company's overall goal."

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.


Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials

  •  
    "Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I "

    – M. E., Chief Commercial Officer, International Logistics Service Provider
  •  
    "As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.

    The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."

    – Dennis Gershowitz, Principal at DG Associates
  •  
    "As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."

    – Michael Evans, Managing Director at Newport LLC
  •  
    "I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact "

    – Roberto Pelliccia, Senior Executive in International Hospitality
  •  
    "If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"

    – Debbi Saffo, President at The NiKhar Group
  •  
    "One of the great discoveries that I have made for my business is the Flevy library of training materials.

    As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy "

    – Ed Kemmerling, Senior Lean Transformation Expert at PMG
  •  
    "I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

    – Moritz Bernhoerster, Global Sourcing Director at Fortune 500
  •  
    "As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value."

    – David Coloma, Consulting Area Manager at Cynertia Consulting



Flevy Management Insights: Research & Development

John Chambers, former CEO of Cisco Systems, famously stated, "Without an innovation strategy, different parts of an organization can easily wind up pursuing conflicting priorities – even if there's clear agreement on the company's overall goal."

For effective implementation, take a look at these Research & Development best practices:

Igniting the Engine of Research & Development

Research & Development (R&D) is the powerhouse of innovation for any forward-thinking corporation. In today's fast-paced business landscape, companies that prioritize R&D are forging an ecosystem of ingenuity, technological advancement, and competitive differentiation. In fact, PwC's 2020 Global Innovation 1000 study reports that "the world's most innovative companies spend, on average, $12 billion more on R&D than their peers."

The Importance of Strategic Planning in R&D

A robust Strategic Planning process is the foundation of successful R&D. It aligns R&D resources with the company's strategic objectives, drives optimal allocation of investment, and identifies critical capability gaps. A study by McKinsey underscores the importance of this, concluding that companies "can add up to 60% more value to their R&D portfolios by systematizing and getting strategic about where and how much they invest."

Explore related management topics: Strategic Planning

Embracing Digital Transformation in R&D

Digital Transformation is reshaping the R&D landscape. By integrating technologies like Artificial Intelligence, Machine Learning, and Big Data analytics, R&D departments can streamline their processes, create impactful innovations, and enhance collaboration. According to Accenture, companies employing digital technologies in their R&D drive “up to 10% more additional revenue and a 63% higher likelihood of achieving above-average profit margins”.

Explore related management topics: Artificial Intelligence Machine Learning Big Data

The Role of Operational Excellence in R&D

Operational Excellence enhances the effectiveness of R&D by optimizing resource utilization, minimizing wastage, and fostering a culture of constant improvement. Embracing Lean and Agile methodologies can significantly enhance Operational Excellence in R&D departments. The Boston Consulting Group ascertains that companies employing lean principles in R&D "can reduce time to market by 20% and increase productivity by up to 30%."

Explore related management topics: Operational Excellence Agile

Adopting Risk Management in R&D

R&D naturally involves a significant degree of risk. Effective Risk Management ensures the mitigation of potential pitfalls and capitalizes on opportunities. Bain suggests, companies that integrate "Risk Management in their R&D have 17% higher likelihood of generating products that achieve both commercial and critical success."

Explore related management topics: Risk Management

The Impact of Culture on R&D

A supportive and open organizational Culture can significantly propel R&D initiatives. Creating a culture that rewards innovation, embraces failures, and encourages cross-team collaboration can foster an environment ripe for R&D success. Google's famous '20% time' policy- where employees are encouraged to spend 20% of their time working on what they think will most benefit Google- is a testament to the significance of Culture in driving R&D.

Explore related management topics: Organizational Culture

R&D for Future Growth: A C-Level Imperative

Leadership commitment to R&D is crucial to its success. C-level executives play an integral role in setting the vision, mandating resource allocation, and building a Culture of innovation. Ensuring active involvement in R&D will not only drive current organizational success but also ascertain future growth. As Albert Einstein once said, "The only thing that you absolutely have to know, is the location of the library"

Research & Development FAQs

Here are our top-ranked questions that relate to Research & Development.

What strategies can companies employ to attract and retain top talent in their R&D departments?
To attract and retain top R&D talent, companies should foster a Culture of Innovation, invest in Employee Development and Growth, and offer Competitive Compensation and Benefits, ensuring a holistic approach to maintaining a competitive edge. [Read full explanation]
What role does sustainability play in shaping R&D strategies in the current business environment?
Integrating sustainability into R&D strategies is crucial for Innovation, Operational Excellence, and Competitive Advantage, driven by consumer demand, regulatory pressures, and the need for Risk Management. [Read full explanation]
How can companies measure the impact of R&D on competitive advantage?
Companies can measure R&D's impact on competitive advantage through a balanced approach of Financial Metrics, Operational Excellence, Market Position, and Strategic Alignment, incorporating innovation metrics and industry benchmarks. [Read full explanation]
What strategies can companies employ to ensure a seamless collaboration between R&D and marketing departments?
Strategies for seamless R&D and Marketing collaboration include establishing Cross-Functional Teams, Shared Goals and Performance Metrics, and regular Communication and Feedback Loops, fostering a culture of Innovation and accelerating product development. [Read full explanation]

Related Case Studies

Agricultural Biotech R&D Efficiency Initiative in Specialty Crops Sector

Scenario: A firm specializing in the development of specialty crops through biotechnological innovations is facing delays in bringing products to market due to inefficient R&D processes.

Read Full Case Study

R&D Efficiency Enhancement in Specialty Agriculture

Scenario: The organization operates within the specialty agriculture sector and is grappling with diminishing returns from its Research & Development investments.

Read Full Case Study

Innovative R&D Enhancement in Specialty Chemicals

Scenario: The organization is a specialty chemicals manufacturer facing challenges in accelerating product development and improving the success rate of new chemicals in the market.

Read Full Case Study

Strategic R&D Framework for Semiconductor Firm in High-Tech Sector

Scenario: A semiconductor company is grappling with the challenge of accelerating innovation while managing escalating R&D costs.

Read Full Case Study

R&D Efficiency Enhancement in Chemicals Sector

Scenario: The organization is a mid-sized chemical producer specializing in polymer development.

Read Full Case Study

Research & Development Optimization for a Global Healthcare Organization

Scenario: Operating in the highly competitive global healthcare sector, the organization has been struggling to keep pace with the rapid advancements in medical technology.

Read Full Case Study

Explore all Flevy Management Case Studies




Flevy is the world's largest knowledge base of best practices.


Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.



Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.