R&D builds a resource of knowledge and insights that can improve the existing process.
Research and development (R&D) constitutes the first stage of developing any potential and worthwhile new service or production process. It is a term used to refer to all activities that organisations and companies undertake to innovate and introduce new products and services and improve existing ones.
The investigative activities of R&D differ from institution to institution as they seek to discover and offer new or not readily available services.
Challenges can come from anywhere and at any time in any form of service. R&D must anticipate them along with the best solutions to curb or avoid them, all under the guidance of the desired result.
Properly executed R&D is bound to increase efficiency and effectiveness within an organisation and in its products and services – from conception to promotion to reconstruction to eventual fulfilment.
In the context of Busoga region’s primary goal of becoming a respectable literate society, R&D comprises all the activities to be undertaken in search of a deeper understanding and tracking of what must be done to attain the set objective. What major external and internal forces might present unique challenges? Do they have some opportunities to prepare to meet unmet needs? What do the numbers say? How will progress be measured?
R&D is future-oriented with an eye towards longer-term activities, especially those relevant to the most pressing issues that require strong and immediate attention – poverty, illiteracy, and poor health.
These three critical fields require extensive research, organisational incubation, and accelerators.
Across all industries, there is a favourable relationship between R&D and productivity.
In proportion to the current circumstances in the Busoga region and the ideal image of the set vision, R&D is a definite requirement.
With the Busoga region being a unique entity with unique challenges that have persisted over the years, it must have a well-stocked R&D department to help set a strong foundation for the vision.
R&D is usually synonymous with committing substantial capital – which inevitably involves risks – because there are no immediate payoffs, and the return on investment (ROI) is sometimes uncertain. Even well-established organisations have a difficult time justifying the cost of R&D. They primarily view the entire process as an investment that does not directly generate revenues.
Although Busoga region might not have any resources to commit to the required R&D, it is crucial to acknowledge that we can’t wait to get started. We can still accomplish a lot with our meagre resources.
This might mean discussing the best practices applied elsewhere, gathering interested and capable talents, and classifying tasks in the pecking order of importance. Just like that, the service has begun taking shape.
We can start excavating the foundation to carry out the required research. We can then delve deeper into a fuller and more complete understanding of the fundamental scientific principles and aspects from an academic standpoint.
We can also strengthen the preparation stage by assembling the guidelines for applying any findings from a real-world setting (applied research).
This activity details all the strategies and activities applied to gain on-ground knowledge.
R&D is vital because, in this modern world that keeps changing at a terrifying speed, there is so much valuable free information we can put to good use in an organised setting.
Inevitably, the ever-increasing changes in this modern world come with equal challenges that command attention. R&D can stand between these two opposing forces and help extract the powerful insights required to improve productivity and efficiency, anticipate future demands and trends, cut costs, survive, and thrive.
R&D operations are paramount drivers in developing the ability to see the invisible and build reliable guidelines and strategies that help attain the set objective.
R&D can also guide in clarifying the understanding of the ideal scenario and then building a reliable platform to connect various parts of the constructed vision.
Other than spurring innovation, invention, and breakthroughs, investing in and carrying out R&D indicates that the organisation is determined to serve and serve well. This indication builds dedication, especially within those who directly help others. Most important of all, it builds group spirit – a required passion.
This sense of determination is a significant, somewhat intangible benefit to which organisations must aspire to attain full potential from every stakeholder – those who serve and those whom they serve.