Member Summit 2011- Re-Inventing Industrial R&D

Re-Inventing Industrial R&D
Michael Idelchik, Vice President Advanced Technologies, GE
With the fast-changing, competitive global landscape, companies are facing new pressures such as increased raw material costs, overcapacity in many product industries, shorter cycles to introduce new products, and higher labor costs in the developing world. GE has responded by driving a new industrial research paradigm, redefining our research portfolio and creating new partnership and collaboration models to create a sustainable competitive advantage.