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Managing Innovation
TechNet's® proprietary and well tested framework- ‘Business Driven R&D (BDRD)’ ensures that the company’s innovation program delivers sustainable results in line with its stated business strategy. TechNet helps its clients to understand customer requirements more clearly and tailor makes their innovation program to deliver increased customer value through new products / services / processes.

The essentials of the BDRD program are:

  • Innovation audit including assessment of business strategy vis-à-vis markets and competitive reality
  • Aligning R&D / Innovation strategy & plan with the business strategy
  • Developing a R&D / Innovation portfolio
  • Training R&D / Innovation project teams with real life business projects
  • Installing systems for launching and monitoring projects
  • Setting up systems for measuring performance & establishing accountability criteria
  • Measuring impact on competitiveness, profitability and market performance
  • Assessing and managing risk
 
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