Advisory
Indian firms don’t just need to invest more on R&D but invest right. CTIER works with some of India’s leading R&D firms to shape their innovation strategies, help them adapt to systemic changes underway in the global innovation landscape, boost their global competitiveness and identify new technology and market opportunities.
Accelerating R&D Driven Growth in Indian Firms
CTIER has placed a deliberate focus on transforming R&D in Indian firms since inception. We have endeavoured to enable Indian firms to build scalable R&D capabilities to compete globally.
In 2022, we launched the Transforming R&D in Indian Firms executive education programme to train future R&D leaders. Over 5 cohorts and 100+ participants, we have supported firms with many projects like building benchmarking metrics, developing a framework to inculcate innovation culture, developing internal and external research collaboration framework and comprehensively assessing skill of individuals and teams. The seed for our advisory offerings was sown when these firms started reaching out to us for advice, interventions and to leverage our understanding of the Indian economy, the Indian R&D ecosystem and how firms innovate.
Our competencies include firm level innovation, organisational interventions for a future facing R&D unit, frameworks for analysing and benchmarking performance on key innovation metrics. We are proud of the knowledge base we have created with top industry leaders through our closed door discussion on India’s R&D ambitions and our expert network of R&D leaders that possess a deep understanding of the unique challenges Indian firms face.
Strategic Consulting Offerings for Transforming R&D
CTIER Benchmarking R&D Analysis
The CTIER Benchmarking R&D Analysis can provide insights into your organisation’s performance by comparing financial and innovation indicators from competitor firms. It analyses your overall performance on key innovation metrics.
How it helps:
- Insights on evolving industry dynamics
- New growth opportunities
- Comparison of R&D practices with industry standards
- Competitor strategies for technology acquisitions and collaborations
- Global best practices for R&D team structures
- Strategic inputs on emerging and sustainable business models
CTIER Assessment of R&D Functional Competencies
CTIER’s Assessment of R&D Functional Competencies is a framework to evaluate the performance of a R&D personnel on functional competencies.The framework is designed to complement existing evaluations of technical and behavioural competencies, essential to building a future ready R&D unit.
How it helps:
- Insights to design organisational interventions for a future facing R&D unit
- Performance assessment of multidisciplinary strengths of the team
- In depth individual analysis on functional competencies
- Learning and development opportunities to transform R&D culture and mindset
- Strategic inputs on enhancing R&D and innovation capabilities
CTIER Evaluation and Enhancement of New Product Development Process
The CTIER Evaluation and Enhancement of New Product Development Process provides insights on a firm’s current NPD process, benchmarks against global best practices and recommends modifications to improve quality and efficiency.
How it helps:
- Curated best practices for new product development process
- Streamlined and efficient new product development process
- Improve quality and first-time-right success
- Enhanced cross functional collaboration and accountability
- Focus on speed to market for new products
CTIER Startups and New Technology Opportunities Analysis
The CTIER Startups and New Technology Opportunities Analysis identifies partnership opportunities with startups, academic institutions, MSMEs and large firms for technologies of interest.
How it helps:
- Landscape of new technology opportunities
- Extensive screening for potential technology partners
- Access to curated startups, academic institutions, MSMEs and large firms technology profiles
- Establish baseline for enhanced innovation pathway through startup engagements
- Strategic inputs for unpacking the firm’s innovation potential through partnerships