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Title: The Smart Organization: Creating Value Through Strategic R&D by James E. Matheson, Jim Matheson, James E. Matheson ISBN: 0-87584-765-X Publisher: Harvard Business School Press Pub. Date: January, 1998 Format: Hardcover Volumes: 1 List Price(USD): $29.95 |
Average Customer Rating: 4.83 (6 reviews)
Rating: 4
Summary: Great book. If you liked the HBR article, you'll love this!
Comment: Frequently organizations face the challange of what not to do. They tend to believe in the person presenting the idea, rather then creating a rigorous process for evaluating the options before them. Companies adopting best practices in managing their investment options realize substantial gains in their long term bottem line. This book quantifies this performance difference, and what the best practices are across a range of industries.
Why aren't organizations more rigorous in selecting projects? The book outlines several barriers which are extremely relevent:
· It will make a popular champion look bad,
· Organizational resistance to change, or cannibalization of an existing business for a new opportunity,
· We confuse the urgent with the important,
· Its hard to agree on measures and success criteria
· People are afraid of making the wrong prediction, so they don't make any,
· Its hard to normalize results from different contributors,
· Business plans are not integrated with new project activity,
· Power and politics, a methodical evaluation leaves no room for interpretation and "behind the scenes" trade offs between groups and individuals,
· Lack of strategy.
The best practices outlined in this book are backed by substantial research. I would have like to have seen a few additional chapters on application of best practices in real companies ... a case study of a turn around.
Rating: 5
Summary: Ideas in the book come to life!
Comment: Thank you very much for sending me a copy of The Smart Organization. I have completed only two chapters, but find the book to be thoroughly engaging. Especially, the six dimensions of decision quality.
My current job is proving to be a daily "case study." The ideas contained in the book have come to life, helping me to better understand my environment at work and make better decisions along the journey.
Rating: 5
Summary: Great insights for all concerned with strategy and renewal.
Comment: Focusing on large R&D intensive organizations, this book explores nine key principles that make these enterprises effective, such as: open information flow, systems thinking, and continual learning. The author's emphasize the decision making process as a means of changing and improving overall organizational performance. If you are seeking new insights into how strategy is developed, excellence can be achieved in decision making, and organization renewal can be realized, you will find this book enlightening and fascinating reading. The insights offered here are by no means limited to high-technology firms; they apply to any organization seeking to be successful in today's fast-paced markets. This work includes an organizational IQ test (a diagnostic tool) for identifying root causes of the barriers to improving decision processes. There is an impressive amount of knowledge about organization to be gleaned in The Smart Company. Whether you are a technology -based bus! iness or not, you will find many nuggets in this work. We highly recommend it.
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Title: 4th Generation R&D : Managing Knowledge, Technology, and Innovation by William L. Miller, Langdon Morris ISBN: 0471240931 Publisher: John Wiley & Sons Pub. Date: 16 August, 1999 List Price(USD): $75.00 |
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Title: Third Generation R & D: Managing the Link to Corporate Strategy by Philip A. Roussel, Kamal N. Saad, Tamara J. Erickson ISBN: 0875842526 Publisher: Harvard Business School Press Pub. Date: April, 1991 List Price(USD): $35.00 |
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Title: The Valuation of Technology : Business and Financial Issues in R&D by F. Peter Boer ISBN: 0471316385 Publisher: John Wiley & Sons Pub. Date: February, 1999 List Price(USD): $85.00 |
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Title: Management of Research and Development Organizations: Managing the Unmanageable, 2nd Edition by R. K. Jain, Harry C. Triandis ISBN: 0471146137 Publisher: Interscience Pub. Date: 16 December, 1996 List Price(USD): $130.00 |
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Title: Managing Scientists : Leadership Strategies in Research and Development by Alice M. Sapienza ISBN: 0471043672 Publisher: John Wiley & Sons Pub. Date: June, 1995 List Price(USD): $47.50 |
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