Research and Development
What are the corporations current R&D objectives, strategies, policies, and programs?Are they clearly stated or merely implied from performance or budgets?Are they consistent with the corporations mission, objectives, strategies and policies, and with internal and external environments?What is the role of technology in corporate performance?Is the mix of basic, applied, and engineering research appropriate given the corporate mission and strategies?Does R&D provide the company with a competitive advantage?What return is the corporation receiving from its investment in R&D?Is the corporation competent in technology transfer? Does it use concurrent engineering and cross-functional work teams in product and process design?What role does technological discontinuity play in the companys products?How well does the corporations investment in R&D compare with the investments of similar corporations? How much R&D is being outsourced? Is the corporation using value-chain alliances appropriately for innovation and competitive advantage?Does R&D adjust to the conditions in each country in which the company operates?Does R&D consider environmental sustainability in product development and packaging?What is the role of the R&D manager in the strategic management process?
