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Research and Development - The Key Challenges
Innovation and "first to market" is crucial in many sectors, with the research and development function being key to achieving this competitive advantage.
Issues of risk, innovation, when to abort a project versus when to move to commercialisation entail high levels of technical/research knowledge and skills, combined with commercial acumen.
The Head of Research and Development needs to be a champion for the function, whilst ensuring maximum benefits from risk and investment. Disciplines of project management and cross-functional collaboration are central to success within the broader organisation.
Hemsley Fraser works with Research and Development teams to:
- Install and enhance project management culture and practice, especially at crucial points of project transition and handover.
- Install best practice around team leadership and team to team links, which supports the ways in which R&D advances innovation and new product development to full commercialisation.
- Develop individuals from technical and scientific backgrounds who need new skills and behaviours around the management of others as opposed to working in their own specialism.
For further information on how we can work with your Research and Development function contact us.