16.8. SUMMARY

Strategic management and thinking are particularly important for research organizations due to many uncertainties and to the need to coordinate disparate activities to meet organizational goals and objectives. A strategy process can help focus the organization on future needs and thus stay in tune with fundamental organizational priorities and goals.

Strategy comprises a mission, strategic objectives, policies, and programs. Developing this picture of strategy is accomplished by scanning the environment for trends that imply opportunities or threats to the organization, analyzing internal strengths and weaknesses, identifying core competencies; creating growth strategies, analyzing the competition, and then identifying and allocating ...

Get Managing Research, Development, and Innovation: Managing the Unmanageable, Third Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.