The Risk Adjusted Home Run

The Uncertainty of Chemical Product Development

In my last issue on the topic of chemical product development I ended things on the topic of uncertainty. I ended on short anecdote:

Marketing/Sales Person:“So which one of these R&D projects can you guarantee will work?”

Chemist: “You don’t really understand how this process works do you.”

I wrote that many companies want a risk adjusted home run, but wha…