Many companies have already discovered that breakthrough innovation needs openness to for cross-industry and cross-science approaches, and especially for new industries. The big question, the answer to which is worth millions of Euros, is how to do it. In a 16-page case study (published here) I analyzed how InnovationLab is attempting to find an answer. InnovationLab is an innovation consortium of …
Most important metrics for measuring innovation
BCG interviewed 2,700 global executives on their view on innovation management. Roughly half of them are satisfied with the innovative performance and only one third with the way innovation is measured. The most important metrics are: Revenue from new products Performance (projected vs actual) Allocation of investments across projects Number of projects that meet planned dates . [slideshare id=5016761&doc=measuringinnovation-100820012259-phpapp02]