Companies must strive to constantly seek more innovative solutions to survive and thrive in the marketplace, as ever more complex products are dependent on R&D activities. Read more how you can increase efficiency of your R&D organization.
Time is not the problem, but focus.
All industries involving engineering R&D are fast changing as the trend of digitalization and being technologically assisted at all levels of R&D and production proves to be taking the world by storm, and is more than a passing trend.
The biggest problem R&D organization will face is unwillingness to change, to push boundaries. The R&D organizations must think flexibly at all times, and be curious as to how new technologies can open up new pathways for innovation within the team and the industry.
How to increase R&D efficiency?
It’s important to build teams, and develop a structure that encourages experimentation. Whether this be done by flattening team hierarchy, or hiring younger engineers who are typically more open to experimentation and pushing boundaries of the known and unknown uses of technologies and materials, it is the role of the R&D manager to ensure that each member is working to their maximum capability.