35 Final Table result
While no new research is required, prior experience of the technology is considered the most important know-how factor for this project. This prior experience is not available in-house. In this scenario a NO will be reported to the fi nal table.
The Resources to Complete the Task
Having considered whether you have the necessary know how to develop the new detector, the next step is to determine whether suffi cient in-house resources are available to complete the project. Resources is a very generalised term that covers different aspects. This category includes manpower, the fi nance to cover salaries for the term of the project, production of test equipment, prototypes, purchase of necessary tools and so on. It also includes capability of manufacturing the product in the required quantities once the development process is completed.
Internal Resources
Select parameters relevant to availability of internal resources for the project. Answer with Yes or No to each question and determine the importance of each parameter by assigning individual weights to them. A Yes with a high weight (10) means the parameter is very important and possible in-house. A No with a high weight (10) means the parameter is very important and diffi cult to achieve in-house.
Table 2. How to defi ne internal availability of the necessary internal resources to complete the project.
Yes / No Weight (1-10)
Is required tooling already available?
Are any of the required development assets (Hardware/ Software) or test equipment already available in-house?
s it possible, to undertake the project development using a platform already available in-house?
Is suffi cient manpower readily available for the project?
Does facility for prototyping new products exist in-house?
Can the fi nal product be manufactured in the required quantities in- house?
Final Table result
The available internal resources do not cover several important aspects of the project, investment would be necessary fi rst, to close the gap in terms of assets and prototyping. In this scenario a NO will be reported to the fi nal table.
Yes No 2 Final Table result
10 Important factor
Time is a very critical factor for this project as it infl uences other related projects too. Successful completion of the project must be assured within a set time, delays will lead to serious loss of competitive advantage. In this scenario a YES will be reported to the fi nal table.
No
10 Important factor
Putting it all together
The information collected in the three tables described above, needs now to be combined into a single much simpler internal development decision table.
Yes No Yes 5 2 3
Table 4. Internal Development Decision Table. Transfer the results obtained from the three key factor tables above to evaluate the possibility of fulfi lment with internal resources only.
Topic
Is an Internal product
development the best choice?
Know-How No
Internal Resources
No
Little of the prior experience is possessed in-house.
Almost no hardware, software or testing assets relevant to the project exist in-house. No existing platforms are available for modifi cation.
Critical factors behind this analysis
Comment
Time Required to Complete the Development
Time is always the enemy when it comes to innovation. On one hand, creation of a new product needs time, on the other hand, innovation itself is a function of time. For example, what is a great new product today might be ‘common’ or outdated one year later. Development time is typically dictated by the size of the market opportunity, competitive forces and is of course infl uenced by current activities of the company. For example, if the introduction of a complete, new chromatography system is planned that requires a new specialty detector X, then time gains a whole new meaning. Any delay in the development of X would affect a major goal of the company.
Time Consideration Table
Select parameters relevant to the time aspect of the project. Answer with yes or no to each question and determine the importance of each parameter by assigning individual weights to them. A Yes with a high weight (10) means the parameter is very important and possible in-house. A No with a high weight (10) means the parameter cannot is diffi cult to achieve in-house.
Table 3. How to defi ne internal availability of the necessary time to complete the project.
Yes/No Weight (1-10)
Is time taken to complete project critical
Is time taken to complete project critical for related products?
Yes Yes 3 3 Comments
Critical factor
Critical factor
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