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R&D-Product Development Metrics Summit - March 12-14, 2013

Wed, 11/28/2012 - 1:33pm
CED Magazine

Event Name: 15th R&D-Product Development Metrics Summit

Venue: Four Points by Sheraton - Norwood, Mass.

Dates: March 12-14, 2013

Time: 8:30 a.m. - 5 p.m. each day

Summit URL: http://www.goldensegroupinc.com/metrics-summit-seminar-workshop.shtml

15th R&D-Product Development Metrics Summit

This Summit will provide participants with a snapshot of the evolution, current status and projected future of R&D and product development metrics as viewed from the top of corporations.

During the first two seminars, the Summit will teach the body of knowledge of R&D and product development metrics - with a focus toward the measures that company officers and senior executives need to manage the organization and its performance as a whole. For example, did you know that 3M's "Vitality Index" is now used by about 55 percent of all companies? For example, did you know that "return on innovation" is the No. 1 metric being adopted by industry during the past five years?

During the third and final seminar of the Summit, participants will break into working groups to create a "set of metrics" suitable for managing and monitoring R&D and/or product development organizations as a whole - including projects, technical and functional disciplines, improvement initiatives, and the overall corporate performance of R&D. Did you know that GGI's Linked Metrics Portfolio framework is preferred by executives to the Balanced Scorecard for managing R&D and product development?

Senior executives wishing to put themselves and their fellow senior executives in a better position to direct and drive product creation and commercialization should strongly consider attending. Several of our prior participants have said, “This Summit covers everything an officer or senior manager needs to know on the subject of metrics.” GGI, a 26-year-old company, has been recognized as a thought leader and practitioner in this field since the early 1990s.


The ability of officers, managers and key professionals to direct and make their organizations productive through metrics and measures is the focus of the 15th R&D-Product Development Metrics Summit to be held March 12-14, 2013, in metro Boston.

The Metrics Summit is a series of three seminars focused on three major areas of importance to R&D executives and managers. A four-page brochure and the table of contents of each of the three seminar coursebooks may be downloaded from the Summit website.

The first seminar - Measuring Product Development II (MPDII) on March 12 - is focused on the issues that top management has to deal with that are a bit squishy and hard to quantify. The topics span the subjects of setting hurdle rates, assessing risk and complexity, tradeoff analysis, measuring capacity, and assessing overall financial performance.

The second seminar - Proactive and Predictive R&D Metrics (PPRD) on March 13 - is focused on the three different stages of developing early, predictive metrics that will enable managers to foresee issues on the horizon or to know that success is in front of them. GGI was the first company to differentiate proactive from predictive metrics in the 1990s, which then spawned further exploration of that management science.

The third seminar is more accurately a workshop - Product Development Metrics Portfolios (PDMP) on March 13 and 14. From start to completion, participants work in groups to develop "a set of measures suitable for measuring the entire organization and the activities within it." The course book is largely a compendium of hundreds of measures for R&D organizations across all categories of measures. The scorecard each group will create will contain a comprehensive set of measures for the R&D organization as a whole at the top officer level. This portfolio of metrics will be suitable to pass the necessary metrics to the CEO that are needed by the corporation. This portfolio of metrics will be suitable to consistently measure projects and the functional and technical organizations that perform the projects. Improvement measures will also be addressed.

The U.S. Patent and Trademark Office granted a trademark to GGI in January 2007 for the Linked Metrics Portfolio framework, which is used during the PDMP seminar. The framework results in a set of metrics that span multiple organization levels and remain integrated.

Who should come
Our overall approach to the Summit is geared to top-level professionals that manage entire organizations, departments, budgets and senior program management executives. Numerous companies have brought teams of officers ranging from three to 10 in size in the quest to develop a set of metrics they can all agree to for R&D and product development. When one or two persons come from a company, we create multi-company groups either based on industry type or the similarity of the corporate R&D strategies - innovators, platform-derivative, extenders, etc. Individuals have a slightly different experience than do company teams, but all leave with a set of metrics suitable for measuring the R&D organization as a whole.

Approximately half of our Summit attendees are nice enough to have given us written comments about what they got out of the Summit. A list of companies that have attended our Summit is available. These may be useful to potential attendees to decide if this Summit is appropriate for them.

Both the list of companies that have previously attended and testimonials from prior Summit attendees are easily found on the homepage of our Summit website.

Registration
Significant discounts are offered to companies that bring company teams of three or more people, $254 per person.

There is a registration option to attend just the first day and a half of the three-day Summit, the first two seminars. New material (including advanced development, intellectual property and functional competency metrics) is covered in the third seminar-workshop while participants are crafting their own corporate portfolio of metrics. We encourage folks to participate in the entire event.

Reserve your place today - space is limited.

Location
Our location is convenient from either the Boston-Logan or Providence-Green (great rates) airport. Mention GGI's Summit when you call the hotel. This newly upgraded Sheraton Conference Facility is completely Wi-Fi, has all amenities, a great walking trail, and boasts a five-star chef. For more information about the conference hotel, alternative hotel accommodations, transportation, restaurants and other area information, please visit the homepage of our Summit website.

For more information about Goldense Group, a 26-year-old internationally recognized company in the areas of product development and measurement, call (781) 444-5400.

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