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.

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Is your innovation systematic and scalable?

To be sure your innovation is systematic and scalable, an innovation assessment and benchmark will address, next to standard metrics, many questions like Can design-wins, successful market intros and inventions be repeated? Are they based on a systematic approach? Are you a top or bottom-liner? How to fix the bottom line to grow the top line? Is your innovation system…

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