Assessing Innovation in an Organization
Assignment Requirements
Addresses the issues of R&D measures, portfolio management and motivation.
•Discuss decision making for R&D in light of ambiguous data validity.
•Explain how R&D measures differ from more standard financial measures. Do they tend to be leading or lagging measures? Compare how R&D and financial measures can be used together to make management decisions.
•Would you use the profitability projections in portfolio planning? If so how accurate do you think these projections are? Would they equally accurate for all projects? How would this consideration influence your choice of projects?
•Explore options in a real organization to develop support for the data and estimates for upper and lower bounds as well as a best guess. Evaluate the effort required to do this “background checking” against the total budget of the programs involved.
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