R&D before all at Hewlett Packard, 3M and GE: Universal message is make research the center of your business plan Available to Purchase

Discussing the research and development strategy of Hewlett Packard, senior vice president of research, Dick Lampman, recently said: “Ultimately the responsibility of R&D is to generate profitable growth for the company. For the customer, the test is about how we create value for them – why would people want to buy what we sell and how do we reduce its costs? The mission for R&D hasn’t changed – but there’s more pressure on all these dimensions.” It was a simple but pertinent point.