Sustainable production systems, environmental protection, and the preservation of natural resources are examples. Balancing these priorites is complicated further by the explosion of science and technology, the escalating cost of achieving and maintaining technical leadership, and the difficulty of protecting that leadership through intellectual property rights. It becomes clear that a new approach to research and development must be constructed, an approach based on global collaboration. Independent, self-sufficient efforts are unlikely to keep pace with the needs of society and the leading edge of innovation. Organizing the flow of knowledge is as important as the flow of materials.
Speed is the key.
We use tools such as analytical equipment, advanced computing and modeling to help us increase our speed along the chain. But it's the people that make it happen. There is another important aspect to this chart in the context of globalization. Now, we are searching the world for opportunities. Wherever we find them, our intent is to develop businesses there, working with a premier partner.