Research and Development is the most important and functional part of the whole business organization which helps in deciding the considerable objectives, finding ways to accomplish them and taking future decisions for overall business growth.
In 2017, Global Research and Development investment has been maximum in the field of electronics and computing. The present foremost requirement of developing business is innovation and Research and Development is contributing a lot towards it.
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7. Research & Development is….
defined as a process to continuously accelerate the growth of your
company by adding new product, innovating existing ones and
moreover updating your company goals with new upcoming
technologies.
It is the most functional area of the organization that keeps an
eye on each section at a time.
8. Now let us see what
makes a good R&D?
Am I right??
9. Guys,
Create an amazing and
effective R&D with these
five fundamentals!!
Turn to next slide to see them!!
10. ● Efficient and Potential Employee Team
● Perseverent Research Efforts by Team
● Deciding objectives and its proper Implementation
● Practice, Talents, innovations of the team workers
● How much revenue is obtained by Department
11. The feeling of Determination is empowered
with huge efforts devoted at best…..
12. Guys, you must know that R&D has really been
beneficial for business growth!!
13. So
Before it is too late!!
● Explore
● Understand
● Implement
● Analize
Its importance to grow your
organization!!
14. Why R&D is essential for
your business??
It is the best time to find answer to this
question…..
15. Before setting your steps
ahead you must know the
steps to be followed to make
a good R&D department!!!
Ok, let us read what are they…..
16. You need to
follow these
crucial steps to
build a strong
R&D Function
Now turn the slide!!
30. Recent 2018 Research and Development Statistics
1- Global Research and Development Investment has been maximum in 2017
in Computing and Electronics Industry.
2- US R&D raised by nearly $15 Billion in 2015 to around $400 billion and
expected to increase to nearly $500 billion in the coming years.
3- Companies like Amazon, Alphabet and Samsung have invested huge billion
dollars in 2017 on Research and Development.
4- The companies like Intel Co, Volkswagen, Microsoft, Roche, Apple Toyota
have been spending nearly 15 billion US dollars in 2017 for R&D.
31. Guys, you must be
thinking why, how,
when and where to
spend on R&D???
32. Ok, so there are many types of
companies some prefer
focussing on their own product
development and some prefer
external projects to be
undertaken,
therefore if you are having self
product development
approach then you know what
is important??
33. You need not to
spend anywhere
rather you have to
focus on collecting
spenders for your
company’s products
and its development.
34. Now you must have got the
idea for What is R&D, and
steps required to initiate it.
Time to see benefits!!
35. Advantages of Research and
Development…..
● It lets you know your product value in existing competitive environment.
● Adds innovations.
● Ensures quality modification.
● Promotes Business efforts and developments.
● Keep you updated about latest technologies.
● Gives you an idea for better future decisions.
36. Read to understand, Think to implement, decide to
execute and be determined to succeed.
37. This was all about R&D
fundamentals for your
growing business!
38. We will be back with
more ideas, facts and
strategies for R&D!!
Till then guys keep watching and subscribing
You can share your views and queries in the comments
section!!