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winning_with_technology

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An effective research and development centre needs<br />

not only knowledgeable chemists and suitable research<br />

equipment but also attention and commitment from top<br />

management. The research lab must be run as a separate<br />

strategic business unit of the organization. It is costly to set<br />

up a good technical research centre and it needs managerial<br />

attention and an autonomous system to run it as a separate<br />

profit-centre. The effective technical centre contributes to the<br />

organization by generating new businesses. It gives strong<br />

technological competency and sustains the long-term growth of<br />

the organization. Many companies look for <strong>technology</strong> and<br />

innovation but they do not dare to invest in a research lab.<br />

Many don’t know how to start. Some do not know where to<br />

find the researchers. Some set up a very expensive research<br />

lab turns into nothing but a show-room for the company.<br />

Nowadays, we have two research centres which link<br />

<strong>with</strong> the universities to co-research on some projects. These<br />

researchers are encouraged to share technical knowledge<br />

and information in the discussions every morning. They share<br />

problems and technical information in group discussions.<br />

44 Winning <strong>with</strong> Technology

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