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Without R&D, where will your company be in 5 years? Are you planning to be around in 5 years?

If you are, are you going to be doing the same things as you're doing now? Your competitors won't be. They will have learnt from your successes, as you should theirs. They will have passed your products, processes and know-how by. Your organisation will be seriously out-dated. 

With a programme of R&D, you will keep up with technology; you'll discover new products, processes, ideas and efficiencies. The market will have changed; attitudes and expectations will be dramatically different. New markets will have emerged, you must change as your market does or sales will dwindle.

 

 
 
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