R&D & New Technology
To assure the organization’s profitability on long term basis in the today’s competitive markets, innovation has become the most important factor. Technical knowledge obtained during the research phase can be used for a specific purpose, to introduce new products or processes to the market through production and engineering techniques. Existing market share can also be achieved by making improvement in existing product. Product lifecycles are much shorter, which require continuous market response and rapid introduction of new or advanced products. Optimal speed is dependent upon good management of the idea-to-market "funnel" (stage-gate approach). That includes selecting the most promising ideas, developing them, investing in prototypes and taking the product through manufacturing and supply to market. Different types of skills are needed at the implementation phase. Such skills are: creativity and open-mindedness in the previous stages, well-informed decision-taking at the "gates", project management in prototyping, focus and modify management. Assurance of the right balance between creativity and business focus is achieved through effective process and organization design.
What Rajput Jain & Associates Offers
Rajput Jain & Associates possess expertise knowledge in building & implementing processes and organization for technology and idea-to-market processes. Our management guarantees a fast-track procedure making sure that technology works for top-line growth.
In our experience, we find that complexity—in its many forms—slows innovation. Among the typical complexity pain points our clients experience:
- Too many R&D projects that are not fully adjustable with company’s or product’s strategy
- Too many processes that may not be consistently followed or are not delivering quality wins in the market
- Too many decision makers without a single point of accountability
- Too many sites, capabilities and design methodologies without a clear understanding of what makes competitive advantage.
We work closely with our clients to solve their complexities and install a clear and concise, repeatable R&D formula. Specifically, we enable them to formulate rapidly and spend more wisely by helping them to:
- Understand the customer ecosystem and prioritize customer needs
- Build innovation roadmaps to deliver on those customer needs
- Optimize project team resources, organizational structures and infrastructure allocation
- Align R&D processes to deliver on a differentiated performance in time-to-market, cost and quality
- Build a global footprint and install continuous learning systems
The result of our work tuned R&D engine delivering superior returns which adjust with company’s strategy and enhance long term profitability.