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Author:Curtis, C.
Title:Satisfy customers while speeding R&D and staying profitable
Journal:Research Technology Management
1998 : SEP-OCT, VOL. 41:5, p. 23-27
Index terms:R&D
CUSTOMERS
PROFITABILITY
Language:eng
Abstract:Studies of innovation management effectiveness pinpoint specific practices that will allow companies to increase customer satisfaction and pursue a strategy of speedy R&D -- without compromising profitability. The two practices that accomplish this end, when used moderately (although not universally), are Quality Function Deployment for project selection and Stage-Gate Tracking for controlling development. Companies that use Internal Rate of Return as a criterion for project selection have also been found to be more profitable.
SCIMA record nr: 183953
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