BUSINESSWEEK ONLINE:   Business Week ebiz
DATA MINE Sept. 7, 1999 The R&D Disconnect Of 190 companies responding to a recent survey, less than half said they know if their research and development contributes to profits. Also, few companies have a standard way to measure the results of their product development efforts, with most still using rarely accessed, typed, or handwritten notes more often kept by a secretary than a product manager. "This suggests that product development is often decoupled from business strategy," says Brad Goldense, CEO of the Goldense Group, a Cambridge (Mass.) product consulting firm. The survey shows that: 38% of companies know if their R&D contributes to profits 7% have an automated system that captures, analyzes, and distributes data about R&D progress and results 24% have a standard way to measure project costs, time to product completion, and how far a product strays from development plan 26% of companies tie R&D engineers' paychecks to how well they develop new products DATA: Goldense Group Inc. and the Management Roundtable _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					MORE NUGGETS What's Clicking with Finance Banking and trading online are still different worlds Demand Is Healthy for Online Insurance Services Net users with health insurance want to manage benefits online Web Surfing without PCs More and more people will get on the Net using non-PC devices, especially TVs The Mother Lode Collected nuggets from Data Mine