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.
The overloaded development pipeline is a chronic problem in innovation. Over the past five years, resources have been a consistent constraint on our ability to deliver growth from innovation. If resources continue to be the bottleneck, then we should seek ways to maximize the value we can create with each unit of resource capacity.