7. – Innovation, Investments and Information Technologies

R + D + i Department
  • Specific budget (objective according to type of company). This point is relevant, for two reasons:

    • Because it indicates a clear commitment by the company to innovation by providing it with specific resources. within the general budget of the company, and in accordance with the management plan for the year.

    • Because innovation is subject to a management control similar to the one for the rest of the functions. The opposite is “to see what we can do as the opportunities are coming.”

  • Grant Access: The department is the knowledge center for all things related to company grants.

  • Integration of R + D + i in Sales through the Customer Value Platform.

  • Definition of when an investment is profitable and its calculation method, according to the complexity and value of the investment:

    • Payback.

    • Return on Investment (ROI).

    • Net Added Value (NPV).

    • Internal Return Rate (IRR).

  • In the case of cash investment management, two criteria are established:

    • Only those whose cash on cash is <1 are accepted.

    • As a contingency plan, those with a ROI lower than the payment period for confirming (60 payment + 120 days of confirming = 180 days).

Information Technologies
  • Unique Enterprise Resource Planning (ERP) for the entire company. It will feed the essential information to:

    1. Know the real profitability of the products to align the organization with the key priorities (“transforming a vision into specific objectives that everyone understands”).

      1. The global of the products sold and services offered, to calculate the global contribution margin and to know the capacity of sales to absorb fixed costs (profitability threshold or break-even point).

      2. The individual for each product, market, and sales person.

    2. The cost structure of the company, in general and for each cost or profit center.

    3. Serve as a central element to host the procedures and processes of the integrated quality, safety and environment system.

    4. Have the capacity to host all the company’s management indexes – Key Performance  Indicators (KPIs) derived from the management plan, as well as from the various working teams.

    5. Support the entire financial area: treasury-cash management, bank management, balance sheet and Profit and Loss account.

    6. Prepare as many reports as necessary to know what is happening in the company and inform stakeholders, especially the Board of Directors and / or property.

  • Promote integrated information systems and performance management (mainly email and other programs).

  • Various information protection systems (in accordance with the Organic Law on Data Protection (LOPD)) and internal attacks (antivirus).

  • Protected systems, so that they allow connections from outside through VPNs or equivalent secure systems -> teleworking.

  • We have already talked about the particular systems of each area or department (CRM, MES, integrated databases, CMMS, MS Project or Open Project, etc).

  • Implementation of 2 ERPs in different companies and times.

Next strategy (Nr.8) -> it is accessed by clicking on the title.
Introduction -> it is accessed by clicking on the word.

Working Environment