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"Processes put in place by PA laid the groundwork for global electronic submissions and for full collaboration of all R&D functions, which resulted in timely and efficient global regulatory approvals."
Head of Global Regulatory Operations, PHARMACEUTICAL COMPANY

Home Technology and innovation Delivering value from R&D

Delivering value from R&D

Technology and R&D – essentially the mechanisms by which technology is converted into products and services that provide sustainable business benefit - are key enablers of the knowledge economy and will continue to receive significant investment from private companies and governments alike. Delivering value from Technology and R&D requires a combination of developing the right technology strategy - identifying and managing a portfolio of technologies that are core to current and future competitiveness – and R&D performance effectiveness – ensuring that successful products and services are developed according to the needs of the business.

PA Consulting Group draws on its expertise in helping clients achieve their business goals through the selection and deployment of value-creating technologies. We help companies build and manage their existing technology portfolios and development projects, and promote the effective use of resources to transform these technologies into new products and services.

For example, we helped GN ReSound halve the time-to-market for its innovative hearing instruments.


Technology strategy

By developing a technology strategy linked to business aims, organisations are primed to identify, assess, and manage the technologies that are key to current and future competitiveness. Anticipating the advent and impact of disruptive technologies can enable them to capitalise on new opportunities or offset the threats of significant change. Our approach to developing a Technology Strategy involves developing a view of future market directions and combining this with our deep understanding of the trajectories of technologies relevant to the business.

R&D performance transformation 

In today’s economic climate, many organisations are looking to make a step change in the performance of R&D or New Product Development (NPD). PA recognises that R&D has key interfaces across boundaries: with marketing, manufacturing and supply chain-focussed functions among others. We help organisations to understand the effectiveness of these interfaces as well as looking at the core R&D processes themselves. In improving R&D performance we draw on our own knowledge of technologies and development processes together with a wider change capability and deliver benefits such as reduced time to market and enhanced product quality.

Sourced, shared and managed R&D Services

R&D organisations must develop ever more radical, value-based commercial propositions to support, serve and engage with their business customers. These range from outsourced management of non-core R&D services for cost reduction and improved effectiveness to transforming an R&D function to a shared service with a compelling value proposition for both internal and external customers.

R&D portfolio and programme management

PA provides coordination and oversight across existing technologies and R&D programmes, to help companies prioritise and deliver these in line with company strategy. We recognise that technology benefits may be difficult to communicate and future market value difficult to gauge, moreover, there is often a high level of uncertainty in definition of what needs to be delivered. Our technology, product development and market experience, supported by a broad range of tools and techniques, enables us to assist clients in managing their portfolios for value and in making appropriate investment and resource decisions in support of effective programme delivery.

To discuss an issue with one of our technology experts, please contact us now.

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