measure innovation

  • innovation-fitness

    Innovation Fitness: Measuring It to Maximize It

    November 14, 2016 | By: | In: Enabling Factors, Strategies

    To gauge the innovation capabilities of an enterprise, it is helpful to apply a systematic method for assessing the quality of, and the relationship between the various and distinct dimensions that drive all functions of the enterprise. As with a sports team, simply having talent does not ensure success. It is the quality of the team work which ultimately elevates or hinders the level of their play.

  • how-to-increase-return-on-innovation

    How to Increase your ‘Return on Innovation’?

    November 3, 2016 | By: | In: Strategies

    While the importance of innovation is crystal clear for many organizations, daily execution usually remains challenging. When renewing products, services or business processes, companies often encounter the same obstacles. But what if companies could learn from each other? Can innovation be streamlined by sharing successes and failures? That’s precisely what the first CREAX innovation roundtable was determined to find out. In collaboration with Oracle, we gathered a diverse group of innovation professionals for a lively debate on how to move from theorizing to getting things done. This is what we learned.

  • metrics-and-measurements-for-open-innovation-and-ecosystems

    Metrics and Measurements for Open Innovation and Ecosystems

    September 29, 2016 | By: | In: Collaborative Innovation, Strategies

    Given the difficulties in developing and working with metrics and measures for open innovation and ecosystems, I have pulled together some inspiration and insights from several articles.

  • how-to-reward-your-innovation-champions

    What KPIs are Most Common for an Innovation Team?

    July 6, 2016 | By: | In: InnoView, Interviews, Videos

    In this session of InnoView focusing on ‘Rewarding, Recognizing and Recruiting to Drive Innovation Development’ Anthony Ferrier, Innovation Author and CEO of Culturevate, and Shannon Lucas, Director of Innovation at Vodefone Global Enterprise look at how to measure the success of an innovation program. They discuss whether innovation leaders mistakenly rely on counting the number of activities, when what really matters is how these activities generate results that leadership cares about. How can you balance the focus on revenue and maintain the space to explore the next big idea?

  • 13-practices-of-the-worlds-most-innovative-organizations

    13 Practices of the World’s Most Innovative Organizations

    April 1, 2016 | By: | In: Enabling Factors

    Successful organizations know the significance of innovation in business. Apple is a good example of how effective innovation management can improve your products and scale up your business. After reaching on the brink of collapse, it achieved new heights of success by implementing effective innovation management policy. The success of its innovative management strategies once again brought it in the league of leading organizations. If you are an entrepreneur who wants to learn from innovative management strategies of successful organizations, consider the following thirteen strategies.

  • the-changing-back-end-of-innovation

    The Changing Back End of Innovation: Notes from the 2015 BEI Conference

    November 6, 2015 | By: | In: News

    The 2015 Back End of Innovation (BEI) conference recently took place in San Jose, California, with 150+ leaders from a wide range of organizations. It was a busy few days, but as expected, there were robust conversations and some exceptional presentations.

  • evaluation-and-innovation

    Evaluation and Innovation

    September 30, 2015 | By: | In: Creative Leadership

    The words evaluation and innovation are not often put together in one sentence. Most companies believe that measurement has a negative effect on creativity and innovation —it is seen as a control tool that harms, rather than supports, reflection and learning. While data is seen as a valuable source of discovering new trends and user needs, it is rarely used to measure internal innovation progress and capability. Because we see measurement as stifling innovation and creativity, companies rarely track the information needed to determine creative ability and innovation success. In fact, many organizations end up ignoring the issue all together.

  • Young businessman wondering

    How Do You Measure Innovation Fitness?

    July 7, 2015 | By: | In: Organization & Culture

    The human body serves as the perfect metaphor for understanding the innovation challenge facing today’s organizations. The body is built to adapt and respond to demands that are placed upon it. The greater the demand, the stronger the response. If you and your organization are going to thrive in this world you must build and keep your innovation muscles strong. We know that only the fittest survive.

  • strategic-approach-to-create-successful-innovation-program

    Starting an Innovation Program? A Strategic Approach to Create Success

    February 4, 2015 | By: | In: Strategies

    Many innovation leaders tend to be tactically driven, but their corporate leadership is looking for more strategic planning and analysis. This tension often contributes to high turnover in innovation management roles, based on a misalignment around leadership’s expectations. In this article Anthony Ferrier suggests perspectives and actions that should be considered part of your innovation strategy plan.

  • Assessment-

    Fun and Games – Changing the World of Innovation Assessments

    November 3, 2014 | By: | In: Organization & Culture

    Innovation Assessment is one of the pillars of an innovation program. Evaluation should be done as an on-going activity and revised with the most valuable feedback gathered along the entire innovation journey. In the third of a series of articles focused on Innovation Culture, we are going to propose a different approach for Innovation Assessment that by offering a different user experience could increase awareness, engagement and elicit more valuable contributions from key stakeholders.

  • methods-of-measuring-ideas-for-innovation

    Methods of Measuring Ideas for Innovation

    October 23, 2014 | By: | In: Life Cycle Processes

    Turning ideas into numbers and knowing the characteristics of the Ideal Idea (0.00iur) is like having a compass and knowing the safe harbor where the minimal risks of innovation converge. Mathematically identifying desired ideas by users, extracted from simplified mathematical formulas, is the Holy Grail that eliminates uncertainties and passionate discussions, which are unhelpful in choosing ideas.

  • New Readiness Assessment Tool from EY to Improve Innovation Capabilities

    New Readiness Assessment Tool from EY to Improve Innovation Capabilities

    March 22, 2014 | By: | In: Roundtable Discussion, Videos

    How does the new Readiness Assessment Tool help to generate more and better innovation, as well as faster and cheaper innovations that bring revenues? Apply the assessment tool to your own company to create a common understanding of what holistic innovation management means, to structure, analyze, and measure the innovation potential of your firm, identify areas of improvement, and ultimately to design and implement recommendations tailored to the unique position of the firm.

  • how-to-measure-the-innovation-process-and-its-results

    How to Measure the Innovation Process and its Results

    August 15, 2013 | By: | In: Serialized Books, The Innovation Master Plan

    There are dozens of different metrics that you can apply to the innovation process. In this excerpt from The Innovation Master Plan, we look at the 12 that are useful to most organizations, as well as the entire set of 92 metrics.

  • being-chief-innovation-officer-amy-radin-interview

    Being the Chief Innovation Officer. Amy Radin, one of America’s first Chief Innovation Officers, Shares the Lessons

    August 13, 2013 | By: | In: Enabling Factors

    Amy Radin became one of America’s first Chief Innovation Officers when Citigroup appointed her to the role in 2005. She is currently Chief Innovation officer at E*Trade Financial, the leading online discount stock brokerage. Amy talks to Innovation Management about what it takes to be a head up on innovation in a major corporation.

  • Measuring Open Innovation – 3 Key Principles to Improve Your Innovation Measurement Practices– Part 1

    Measuring Open Innovation – 3 Key Principles to Improve Your Innovation Measurement Practices– Part 1

    June 14, 2013 | By: | In: Enabling Factors, Strategies

    Thanks to loads of compelling research studies and best practice cases in open innovation (OI) carried out over the last decade, several companies nowadays begin to embrace and partially apply the new principles and methods OI offers. However, when managing open innovation at the project level, even experienced managers still go blank at the question: how to assess, control, and measure the performance of these activities? In this series of articles, we will address the above issue by discussing a general framework for an open innovation performance measurement system (Part 1). Given this framework, a metricsbased management toolkit will be presented that provides a suite of key performance indicators (KPIs) for a specific set of OI methods that demonstrates the key results of our Open Innovation KPI 2012 Study (Part 2).

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