Sifangda: Build an efficient R&D system to enhance the independent innovation capability of enterprises

Abstract At present, if an enterprise wants to survive and develop in the fierce market competition, it is not enough to rely on a good product. The efficient and agile research and development capability is an important way for an enterprise to acquire and maintain its core competitiveness. Since its establishment in 1997, Sifangda has invested in...
At present, if an enterprise wants to survive and develop in the fierce market competition, it is not enough to rely on a good product. The efficient and agile research and development capability is an important way for an enterprise to acquire and maintain its core competitiveness. Since its establishment in 1997, Sifangda has invested a large amount of money each year in various R&D projects to introduce industry experts and internationally advanced testing platforms. At the same time, we will continue to deepen the upgrade of the R&D management system, refine the R&D management process, improve the overall level of the R&D team, and improve the R&D management incentive system. As the company's scale continues to grow and develop, the company gradually extends from the mid-stream composite superhard material of the super-hard material industry chain to the downstream composite super-hard tool, the polycrystalline diamond composite sheet for complex formation oil drilling, and the super-large diameter (58mm) cutting tool. New products such as polycrystalline diamond compacts, giant brushed blanks, precision superhard tools, and diamond composite mining tools have reached the international leading level. After 20 years of intensive cultivation, Sifangda has established a set of excellent R&D management systems that face the market and respond quickly.

I. Establishing a market-oriented R&D innovation system
The company fully combines the market demand, aims to create value for customers, and transmits, processes and converts the dynamic demand of customers into the company's technology research and development results in real time and provides them to customers. At the same time, according to the characteristics of the external market environment and the internal development requirements of the company, the company has deeply implemented the big customer strategy, and provided value-added services such as product customization and joint development on the basis of paying more attention to the products of large customers, and continuously satisfied and created customer needs.

Second, build a forward-looking research and development strategy decision system
The R&D management strategy is the starting point and important guidance for the R&D project management system. In recent years, Sifangda has formulated a R&D management strategy based on the enterprise development strategy for 3-5 years. At the same time, it has also established a system and standards for R&D project selection and evaluation, aiming at realizing the transformation of product quality from domestic leading to world-class.
Successful product development requires excellent R&D management process support, R&D process management and control to ensure the continuity, standardization and proceduralization of R&D process design and improvement. For example, when product project or other phased decision-making, analyze resource requirements and resource capabilities; prioritize all products, allocate resources based on prioritization; establish product priority evaluation criteria, from product strategy, Qualitative or quantitative assessment of product return on investment, product risk, etc., and prioritization of all products according to uniform standards.
At present, the company introduces the application of EKP knowledge management system, combined with its own needs, enables all online operations of R&D project management, realizes paperless office, better manages, coordinates and promotes the implementation of each project, and enables each project data to be completely preserved. For accumulation and sharing.

Third, create an efficient R & D team
R&D is a creative work. Effective R&D requires an excellent R&D team to complete. It can be said that there is a research and development team with what kind of research and development results. To build an efficient R&D team, we must have an efficient R&D organizational process. Only in this way can we take advantage of each R&D staff and produce synergies. The company is led by the general manager and product manager of each product line business unit, and actively establishes the second and third research and development talents echelon. At present, it is still cultivating new people, injecting fresh blood and more fresh ideas.

Fourth, the implementation of effective research and evaluation and incentive mechanism
The evaluation and incentive system of R&D personnel determines the enthusiasm and work values ​​of R&D personnel. Through the development of a series of performance evaluation and incentive systems, the company enables the company's R&D technicians to obtain promotion, bonuses and honors through various means such as daily points and project awards. At the same time, the company also launched the "first phase of the restricted equity incentive plan", sharing the capital market dividend with the core technical staff, and enjoying the growth income of the company.
The R&D management capability of a company determines the core competitiveness of the company. R&D management needs to be aligned with the business strategy and business model of the entire enterprise, and can be supported by an efficient operating system. Only by establishing a systematic management philosophy of R&D can we develop high-quality products in order to obtain maximum commercial value in the market.

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