NEEDHAM, Mass.--(BUSINESS WIRE)--GGI will be holding our 20th Summit on Metrics for corporate, product marketing, R&D, product development, and program management professionals on October 18-20 in Norwood, Massachusetts.
Metrics are ever more important these days as volatility, just about everywhere one looks, is steadily increasing. Globalization has increased the number of competing products in just about every market and segment. Individual "makers" come out of the blue with products that challenge those of global companies. Increasingly specialized employee skills and agile processes are requiring more precise oversight and orchestration of R&D investments at all levels.
Since 2010, next-gen product funding has dropped 50% while incremental product funding has increased 80%. Product pipelines do not contain what they used to contain, yet revenue and profit growth goals remain largely unchanged. A strong set of KPIs, supported by strong underlying metrics, are among the most powerful tools available to assure systematic growth and improvement.
Day one focuses on hard to quantify corporate-level Innovation Management Challenges: Risk & Complexity, Hurdle Rates, Trade-Off Analysis, Portfolio Composition, and Capacity & Pipeline Management. We conclude with a review of the Top Corporate Metrics, 101 measures across industries that corporations use to monitor aggregrate R&D productivity and output.
Day two focuses on forward-looking "Proactive & Predictive" metrics, to guide the culture and values of the innovation environment and predict the outcomes of products currently in development.
The capstone Workshop, utilizing GGI's Linked Metrics Portfolio™ approach, focuses participants to develop powerful KPIs and metrics in four key areas: CEO/CXO-Level R&D Measurement, Program & Project Measurement, Functional & Technical Competency Measurement, and Improvement Measurement. No participant has ever exited the Summit without deciding to change some of the metrics they currently use.
One size does not fit all. Throughout the Summit we will discuss metrics in the context of different business and technical strategies: Innovator, Platform, Balanced Portfolio, and Fast-Follower.
Breakout discussions during the Workshop will cover metrics for Advanced Development, Intellectual Property, Software Development, and Supplier Management.
Almost 1000 professionals from 500 companies have participated in GGI's Summits, including a significant number of R&D 100 Award finalists and winners. Mr. Goldense will be making two presentations at the 2016 R&D 100 Awards Conference being held this fall in the Washington, DC area.
