04-02-2013, 01:59 PM
Internationalization of R&D
Internationalization.ppt (Size: 1.63 MB / Downloads: 35)
Innovation Metso Innovation Process
Metso Innovation Process will provide a framework for capturing Metso’s technology synergies and developing solutions for the customer’s needs
Challenges Business trends for heavy industry
Declining total market for heavy industry world-wide
Growth opportunities in mature businesses stay difficult to identify
Only few big global competitors
Commodity trap – poor product differentiation
Differentiation is vital in all business processes
Quality and differentiation important success factors on mature markets
Ability to forecast and react
Trends change faster
Listening to the customer interface is important
Mental attitude downwards - lack of drive to create growth
SummaryInternationalization of R&D
Systematic Technology Management provides the necessary transparency for continuous improvement and learning - a pre-requisite for effective R&D in an international company
Coupling of R&D with business model and partnership development is necessary - increased focus on life-cycle thinking!
Active orchestration is vital for effective and international R&D - ensure critical mass in developing the well focused core of your business; Develop simultaneously your capabilities to orchestrate everything around it
The human factor - personal relationships and trust - should never be underestimated; Promote international mobility of R&D staff!