Over the past few weeks I have written about ten different innovation metrics. While innovation is complex, and there is no single secret to success, the most powerful lever available to the Chief Innovation Officer, however, may be the measure, analyze and act cycle. Innovation thrives on clarity and a good measurement system can generate insight into what is driving results.
Over the past several weeks I have been writing about innovation measures and metrics. Some of these have been output measures, either real results or proxies for business results, others have been predictive or process health measures. Each has a place on an executive dashboard designed to provide a view of innovation engine performance.