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16th R&D-Product Development Metrics Summit

Fri, 06/07/2013 - 12:55pm

This Summit will provide participants with a snapshot of the evolution, current status, and projected future of R&D and Product Development Metrics as viewed from the top of corporations.

During the first two seminars of the Summit, we will teach the Body of Knowledge of R&D and Product Development Metrics — with a focus towards the measures that company Officers and Senior Executives need to manage the organization and its performance as a whole. For example, did you know that 3M's "Vitality Index" is now used by about 55% of all companies? For example, did you know that "Return On Innovation" is the number one metric being adopted by industry during the past five years?

During the third and final seminar of the Summit, participants will break into working groups to create a "set of metrics" suitable for managing and monitoring R&D and/or Product Development organizations as a whole — including Projects, Technical & Functional Disciplines, Improvement Initiatives, and the overall Corporate Performance of R&D. Did you know that GGI's Linked Metrics Portfolio framework is preferred by executives to the Balanced Scorecard for managing R&D and Product Development?

Senior executives wishing to put themselves and their fellow senior executives in a better position to direct and drive product creation and commercialization should strongly consider attending. Several of our prior participants have said, “this Summit covers everything an Officer or Senior Manager needs to know on the subject of Metrics.” GGI, a 27-year old company, has been recognized as a thought leader and practitioner in this field since the early 1990s.

The ability of officers, managers, and key professionals to direct and make their organizations productive through metrics and measures is the focus of the 16th R&D-Product Development Metrics Summit to be held November 12-14, 2013 in metro Boston.

The Metrics Summit is a series of 3 seminars, focused on 3 major areas of importance to R&D executives and managers.  A four page Brochure and the Table of Contents of each of the three seminar Coursebooks may be downloaded from the Summit website.

The first two seminars
The first seminar [Measuring Product Development II (MPDII) - November 12] is focused on the issues that top management has to deal with that are a bit squishy and hard to quantify. The topics span the subjects of setting hurdle rates, assessing risk and complexity, tradeoff analysis, measuring capacity, and assessing overall financial performance.

The second seminar [Proactive and Predictive R&D Metrics (PPRD) - November 13 AM] is focused on the three different stages of developing early, predictive metrics that will enable managers to foresee issues on the horizon or to know that success is in front of them. GGI was the first company to differentiate proactive from predictive metrics in the 1990s which then spawned further exploration of that management science.

The third seminar-workshop 
The third seminar, is more accurately a Workshop [Product Development Metrics Portfolios (PDMP) - November 13 PM and November 14]. From start to completion, participants work in groups to develop "a set of measures suitable for measuring the entire organization and the activities within it." The course book is largely a compendium of hundreds of measures for R&D organizations across all categories of measures. The scorecard each group will create will contain a comprehensive set of measures for the R&D organization as a whole at the top officer level. This portfolio of metrics will be suitable to pass the necessary metrics to the CEO that are needed by the corporation. This portfolio of metrics will be suitable to consistently measure projects, and the functional and technical organizations that perform the projects. Improvement measures will also be addressed.

The US Patent & Trademark Office granted a trademark to GGI in January 2007 for our Linked Metrics Portfolio framework which is used during the PDMP seminar. Our framework results in a set of metrics that span multiple organization levels and remain integrated.

Who should come
Our overall approach to the Summit is geared to top-level professionals that manage entire organizations, departments, budgets, and senior program management executives. Numerous companies have brought teams of officers ranging from three to ten in size in the quest to develop a set of metrics they can all agree to for R&D and product development. When one or two persons come from a company, we create multi-company groups either based on industry type or the similarity of the corporate R&D strategies — Innovators, Platform-Derivative, Extenders, etc. Individuals have a slightly different experience than do company teams, but all leave with a set of metrics suitable for measuring the R&D organization as a whole.

Approximately half of our Summit attendees are nice enough to have given us written comments about what they got out of the Summit.  A list of companies that have attended our Summit is available.  These maybe useful to potential attendees to decide if this Summit is appropriate for them.

Both the List of Companies that have previously attended and Testimonials from prior Summit attendees are easily found on the Home page of our Summit website.

The Summit will be led by Bradford L. Goldense, NPDP, CMfgE, CPIM, CCP a recognized expert on both R&D metrics and rapid product development, supported by others from the GGI Team.

Registration information
We always offer significant discounts to companies that bring Company Teams of three or more people, $254 per person.

There is a registration option to attend just the first day and one-half of the three-day Summit, the first two Seminars. New material [including Advanced Development, Intellectual Property, and Functional Competency Metrics] is covered in the third Seminar-Workshop while participants are crafting their own corporate portfolio of metrics. We encourage folks to participate in the entire event.

Reserve your place today — space is limited.

Where is it
Our location is convenient from either Boston-Logan or Providence-Green [great rates] airport. Mention GGI's Summit when you call the hotel. This newly upgraded Sheraton Conference Facility is completely wi-fi, has all amenities, a great walking trail, and boasts a five star chef. For more information about the conference hotel, alternative hotel accommodations, transportation, restaurants, and other area information, please visit the Home page of our Summit website.

For more information about Goldense Group, Inc., a twenty-seven year old internationally recognized company in the areas of product development and measurement.  You may always feel free to give us a call at: 781-444-5400, we will do our best to directly answer any questions you may have.

Thank you for considering our Summit!

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