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Author:Karol, R. A.
Loeser, R. C.
Tait, R. H.
Title:Better New Business Development at Dupont-1
Journal:Research Technology Management
2002 : JAN-FEB, VOL. 45:1, p. 24-30
Index terms:DEVELOPMENT
DECISION MAKING
LEADERSHIP
Language:eng
Abstract:Growth-oriented companies frequently identify attractive business development opportunities that lie in markets new to them and require new product/ technology capabilities. Successfully capturing these "new/new" opportunities can be problematic, however, because companies often lack the appropriate experience base to guide them; i.e., "they don't know what they don't know". To improve the success rate of its business development initiatives, DuPont developed a comprehensive framework to help its business leadership at development teams successfully navigate through the new business development (NBD) minefield. The framework - called "Business Initiative Process (BIP) - brings together an array of best practices for establishing high-performance development team creating/managing strategic alliances, and organizing detailed project planning.
SCIMA record nr: 231696
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