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The smart organization : creating value through strategic R & D

Author: David Matheson; James E Matheson
Publisher: Boston, Mass : Harvard Business School Press, ©1998.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
The Smart Organization brings new perspective to management decision making throughout the organization. It identifies the key practices that enable successful organizations to deliver a stream of winning products and services. Smart organizations, say the Mathesons, have internalized nine interlocking principles essential in creating corporate cultures that emphasize making the right strategic decisions at the  Read more...
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Additional Physical Format: Online version:
Matheson, David, 1963-
Smart organization.
Boston, Mass : Harvard Business School Press, ©1998
(OCoLC)605414649
Online version:
Matheson, David, 1963-
Smart organization.
Boston, Mass : Harvard Business School Press, ©1998
(OCoLC)605414699
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: David Matheson; James E Matheson
ISBN: 087584765X 9780875847658 0875847935 9780875847931
OCLC Number: 36672012
Description: xi, 292 pages : illustrations ; 25 cm
Contents: Ch. 1. Being Smart --
Ch. 2. Decision Quality --
Ch. 3. The Six Dimensions of Decision Quality --
Ch. 4. Best Practices for R & D Decisions --
Ch. 5. Implementing Best Practices --
Ch. 6. Organizational Principles --
Ch. 7. The Nine Principles of Smart R & D --
Ch. 8. Organizational IQ --
Ch. 9. Technology Strategy --
Ch. 10. R & D Portfolio Strategy --
Ch. 11. Project Strategy --
Ch. 12. The Smart Organization.
Other Titles: Creating value through strategic R & D
Responsibility: David Matheson and Jim Matheson.

Abstract:

The Smart Organization brings new perspective to management decision making throughout the organization. It identifies the key practices that enable successful organizations to deliver a stream of winning products and services. Smart organizations, say the Mathesons, have internalized nine interlocking principles essential in creating corporate cultures that emphasize making the right strategic decisions at the right time. They use best practices to support these decisions and sustain their success. These principles - among them, embracing uncertainty, disciplined decision making, and value creation culture - enable companies to make appropriate choices about their R & D planning, portfolio management, and product strategies. Drawing on the experiences of R & D-intensive organizations all over the globe, the authors illustrate the book with best practice examples from companies like Hewlett-Packard, 3M, Merck, Procter & Gamble, DuPont, Monsanto, and AT & T. They stress the importance of evaluating tradeoffs, investigating alternatives, and getting buy-in across functions to ensure that decisions will be viable from both the technological and the managerial perspective. They show how managers can apply these methods more broadly to create a smart organization. The Mathesons clearly demonstrate that changing the decision-making process is an efficient means of reforming culture and improving not just R & D but overall company performance.

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