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- W173624780 abstract "Since Paul Gaddis wrote his seminal article on the functions of the manager for Harvard Business Review in 1959 (1), two simultaneous movements have rendered his words all the more meaningful. First, the field of management has sparked enormous interest. A discipline that at one time seemed applicable almost exclusively to construction, RD rather, it is important to recognize that in the face of so much change and innovation, choosing the definitive set of preeminent advances in management may be next to impossible. Nevertheless, some breakthroughs have made such a profound impact on current management practice that it is necessary to concentrate our efforts along those lines. The Movement to Project-Based Work The increasing fascination with management techniques for research and development stems from a number of recent events/states of modern business. Among the most important influences promoting a orientation in recent years have been the following (3): 1. Shortened product life cycles.--Products become obsolete at an increasingly rapid rate, requiring companies to invest ever-higher amounts in R&D and new product development. 2. Narrow product launch windows.--When a delay of months or even weeks can cost a firm its competitive advantage, new products are often timed for launch within a narrow time band. 3. Huge influx of global markets.--New global opportunities raise new global challenges, like the increasing difficulty of being first to market with superior products. 4. Increasingly complex and technical products.--As technical advances are diffused into organizations, and technical complexity grows, the challenge of R&D becomes increasingly difficult. 5. Low inflation.--Corporate profitability must now come less from raising prices year after year and more from streamlining internal operations to become ever more efficient. The impact of these and other facets of the modern economic environment have created conditions under which companies using management are flourishing. Their success has encouraged more and more firms to give the discipline a serious look as they contemplate how to become project savvy. …" @default.
- W173624780 created "2016-06-24" @default.
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- W173624780 date "2002-03-01" @default.
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- W173624780 title "Project Management 2002: Powerful Forces Have Affected the Practice of R&D Project Management in the Past Decade. Here's a Review of the Most Fundamental Ones" @default.
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