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Amidst stressful and unpredictable business and societal conditions related to the on-going COVID-19 pandemic, R&D organizations are feeling new pressures. They are trying to fill gaps on their team in a tight talent market; solve problems with essential company operations while also building for the future; bring on new vendors when existing ones are unable to deliver; and deliver more output with the same resources — or in some cases, less. While R&D teams may have figured out a hybrid work model, many still report feeling isolated from their customers or end users.
To shed light on these dynamics, and understand how Global 1000 companies can productively address them, we fielded a survey of R&D professionals in Q4 2021 and also conducted a series of qualitative interviews. We received 78 qualified survey responses; 79 percent of our survey respondents were at the director level or above in their organizations. Sixty-seven percent of respondents were based in North America, and just over one-quarter in Europe. We also conducted qualitative interviews with senior R&D execs at Campbell's Soup, W.L. Gore, Comcast, 3M, Kimberly-Clark, and a handful of other large companies.
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“As we look to bounce back from the tragedy and challenges of the past two-plus years,” writes Wazoku CEO Simon Hill, “the tools of innovation will be critical, and those who get it right will emerge stronger, more agile, and future fit.” More of Hill’s perspective inside…
What’s a virtual prototype, and why is Pete Dulcamara so excited about them?
Welcome Letter from Wazoku 3
Executive Summary 6
How Did the R&D Budget Change? 9
Comments: Why Did the Budget Change? 11
Executive Perspective: 3M 12
Most Important Outcomes 15
Executive Perspective: W.L. Gore 16
Science and Technology: Areas of Interest 18
Executive Perspective: Agent Capital 19
Open Innovation Moves Into the Mainstream 21
Comments: Open Innovation 22
Focus of Open Innovation Activities 24
Executive Perspective: Kellogg Company 25
New Tools and Methodologies 27
Executive Perspective: Kimberly-Clark 28
New Pressures and Expectations 30
Executive Perspective: Comcast Labs 31
Organizational Support (and Lack Thereof) 33
Comments: Organizational Support 34
Executive Perspective: Campbell Soup Company 36
Advice on Delivering Value 38
Executive Perspective: Hain Celestial Group 45
About the Respondents 47
About Wazoku 50
About InnoLead Research 51