ISO 56002 Internal Audit

Innovation Management System Standard ISO 56002 serves as a new standard and guidance. Although there are no certifications yet internal audits can be conducted to get a baseline regarding a firm's innovation management system stands. The checklist we use at Sensaco is based on ISO 56002 guidance, our own assessment templates and is structured according the 8 pillars with the…

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The 4-Diamond Innovation Model

A true end-to-end innovation process

The 4-diamond innovation model and process provides a template canvas with interlinked innovation methods fitting operational needs and ISO 56000 compliance.

In this blog entry we describe the 4-diamond innovation model and process that provides a generic template for most corporate setups. Being broken down into 4 major areas it can be easily extended with specific methodologies and linked according to a company’s organisation and operation model.

Connecting strategy and execution

Working with corporate innovators requires constant switching of abstraction levels. While strategy must be driving innovation by providing direction, position and resource allocation it often lacks crucial feedback from the development and execution stages.

In many projects the design thinking methodology connects the discovery and development stages in the well-known “double diamond” model. Teams start recognizing that they must innovate differently in a problem-oriented and solution-oriented style. (more…)

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Innovation Metrics

Innovation metrics

Innovation metrics and indicators are often difficult to find and apply. Not many leaders are able to show current dashboards with 3-5 simple KPIs.

Looking at past research there is no shortage of metrics though. In a recent survey over 200 metrics and indicators were mentioned in more than 400 instances of literature. The can be classified by the

  • process phase: comparing input, throughput and output metrics, often called leading or lagging indicators
  • area of measurement: related to product development, strategy, organisation etc.
  • expression in qualitative or quantitative terms.

(more…)

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