The importance of innovation to the success of a company and its survival in an ever more global marketplace is dependent on understanding skills and attributes necessary to build a successful R&D organization. Read more how you can improve innovation by optimizing your R&D.
The most important thing for building an innovative R&D team and producing innovative, top of the market products for a successful business is building an innovative business model. New technology can serve as both an inspiration and a means for developing products faster and of a higher quality than ever before, which in recent years has been the basis for new, industry shaking business models
Companies who don’t understand the value and importance of digitalization will struggle badly along their competitors who have had the foresight and drive to digitalize and work innovatively with new technologies.
It will open possibilities and allows innovation through creativity fostered by an unrestricted work environment and mind-set. All engineers have the desire and ability to think outside the box. Manufacturers are interested in reworking materials and combinations to create more effective or resilient components. Driving all of this innovative creativity should be the R&D manager -if he/she doesn’t encourage a creative and open mind-set, no one will.
