netrashetty
Netra Shetty
Comodo is a privately held group of companies offering computer software and SSL certificate products, based in the United Kingdom, wider base in the United States, Jersey City, New Jersey and Salt Lake City, Utah. Comodo CEO, Melih Abdulhayoğlu, founded Comodo in 1998, based on his experience at University of Bradford.[1]
CEO
Melih Abdulhayoglu
CFO
Michael Whittam
CTO
RA
Finance & Human Resources
BD
Legal
PF
Business Development
JL
Sales
AP
In the presentation of Beeler (2005) he provides certain concepts in which became significant and effective in innovation process and implementation. The Technology Management Concept, R & D Venture Concept and Innovation and Venture Management Concept, these three significant concepts deliver different orientation and approach on its implementation. The R & D Firm uses Technology Management process to adopt an innovative move. The process involve tracking which means a continuous awareness and evaluation of technology sources and trends in the outside, furthermore, focus itself to particular opportunities. Adaptation on the other hand, means continuous balance of the Lead User’s needs with the value of adapting the technology to the requirements of other departments. Transfer follows an idea that a product should be transferred and integrated by a well-proven technology after successful adaptation into a new product development process. Lastly, Support entails provision of technical expertise after product development process has been finished.
Moreover, Beller outlined the advantages of the TM concept. He declared that innovation is possible even if internal resources are lacking and reduces risks because innovation meets customer’s needs. However, there are critical factors which the management should be conscious of. Two of these factors is the top management’s commitment and support throughout the process and managers who used such process should have a cross-functional skills.
R & D Management concept on the other hand explicitly reveals its natural orientation and strategies in business. This leans more on the external service offered to customers and such that it becomes a profit-center. On this level, R & D management should be business minded and market driven. These factors contribute to the effectiveness of innovation and are critical to its success.
Meanwhile, Innovation and Venture Process as a simultaneous venturing followed certain leveling of process. First, Business Planning, this requires management teamwork, marketing planning, financing, business system and organization, and consideration on its risk level. Second, prototyping, this on the other hand requires implementation business model, first track record results, and to develop prototype version itself. Third level is Corporate partnering, which means to track qualified partners for business venturing, strategic alliances, lead customer, and finding established firms as corporate venture capitalist. Lastly, Financing/Venture Capital, this level suggests of contacting private investors, established firms as corporate venture capitalist, and venturing capital firm tracking.
CEO
Melih Abdulhayoglu
CFO
Michael Whittam
CTO
RA
Finance & Human Resources
BD
Legal
PF
Business Development
JL
Sales
AP
In the presentation of Beeler (2005) he provides certain concepts in which became significant and effective in innovation process and implementation. The Technology Management Concept, R & D Venture Concept and Innovation and Venture Management Concept, these three significant concepts deliver different orientation and approach on its implementation. The R & D Firm uses Technology Management process to adopt an innovative move. The process involve tracking which means a continuous awareness and evaluation of technology sources and trends in the outside, furthermore, focus itself to particular opportunities. Adaptation on the other hand, means continuous balance of the Lead User’s needs with the value of adapting the technology to the requirements of other departments. Transfer follows an idea that a product should be transferred and integrated by a well-proven technology after successful adaptation into a new product development process. Lastly, Support entails provision of technical expertise after product development process has been finished.
Moreover, Beller outlined the advantages of the TM concept. He declared that innovation is possible even if internal resources are lacking and reduces risks because innovation meets customer’s needs. However, there are critical factors which the management should be conscious of. Two of these factors is the top management’s commitment and support throughout the process and managers who used such process should have a cross-functional skills.
R & D Management concept on the other hand explicitly reveals its natural orientation and strategies in business. This leans more on the external service offered to customers and such that it becomes a profit-center. On this level, R & D management should be business minded and market driven. These factors contribute to the effectiveness of innovation and are critical to its success.
Meanwhile, Innovation and Venture Process as a simultaneous venturing followed certain leveling of process. First, Business Planning, this requires management teamwork, marketing planning, financing, business system and organization, and consideration on its risk level. Second, prototyping, this on the other hand requires implementation business model, first track record results, and to develop prototype version itself. Third level is Corporate partnering, which means to track qualified partners for business venturing, strategic alliances, lead customer, and finding established firms as corporate venture capitalist. Lastly, Financing/Venture Capital, this level suggests of contacting private investors, established firms as corporate venture capitalist, and venturing capital firm tracking.
Last edited: