Pressure to grow businesses, together with transforming industries, has continued to increase in recent years. Fierce competition has brought an increased focus on innovation strategies and more potential resources for research and development, but at the same time higher scrutiny on money invested and the need to streamlining the business to increase efficiency. Demonstrating the return on investment is often a difficult task. Those involved in R&D and R&D Finance need to develop a partnership to ensure they get the most out of R&D budgets, in a context of financial and human constraints, controlling and challenging cost, supporting decision making and measuring return on investment. In this course you will find insights on how to tackle these and other issues, such as how the digital transformation taking place in all industries might impact your R&D operations and how Finance can play a role in it.

• Understand what we are controlling and how to best develop the financial approach to R&D
• Incorporate agile principles into controlling to best optimise R&D financial management and decision support
• Learn to make R&D finance a strong business partner to R&D to enable innovation while maximising return on investment
• Measure and demonstrate the return on investment within R&D
• Implement methods to adapt traditional financial processes to meet R&D requirements
• Manage costs to ensure innovation delivery while optimizing overall spend
• Use strategies to manage the R&D portfolio and ensure strong decision support and efficient resource allocation

dzingim@marcusevansuk.comTailored in-house/in-company training courses and bespoke strategy workshops designed and delivered on-site throughout Europe according to your specific requirements.

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