The first step in transforming strategy from a hopeful statement about the future to an operational reality is to allocate resources to innovation and new product development (NPD) programs. We explore how funding authority affects a manager's allocation of resources between multiple programs in...

A model is introduced that integrates workforce knowledge management with the technology upgrade decision to provide a holistic view of how to manage dynamic knowledge-based resource capabilities. The levels of workforce knowledge and technology capability are measured in relation to their...