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Essential Elements of a Successful R&D Program

While the concept of research is as old as science, the pairing of research and development is a relatively new development. The innovations that result in new products and new processes usually have their roots in research; they have followed a path from laboratory idea, to pilot or prototype production, to full-scale production and market introduction.

R&D program elements infographic

While MetroStar Systems was founded on the belief that R&D is an instrumental aspect of corporate strategy, we’re certainly not the only company that values R&D – see also, Google. However, our adaption of R&D is unique because our program empowers employees of all skill levels and from every corner of our organization to contribute ideas for powering change.

Christopher S. Penn, author of “Leading Innovation” beautifully describes our idea of innovation:

“Innovation—because you’re taking something old and turning it into something new—that’s the easiest way to disrupt yourself. And if you disrupt yourself, if you are constantly challenging what you create, you don’t give competitors much of a chance to do it to you. Someone is always going to disrupt the market. Someone is always going to go from the horse-drawn carriage to the automobile, and the question is who is it going to be. Is it going to be you or is it going to be someone else?”

By | 2016-12-28T20:52:29+00:00 February 25th, 2016|Categories: Culture, Innovation|Tags: , , , |