How to Measure Innovation

Rob Llewellyn By Rob Llewellyn

How to Measure Innovation

The World Economic Forum recently asked can you measure innovation?
When it comes to deciding how to manage and measure Innovation in your organisation it’s important to understand what Innovation means to you and your customers, and establish concrete KPIs that can be developed by formalising your Innovation process. But as Soren Kaplan explains, metrics are a combination of art and science, and the trick is to inspire action around the goals you set.
In order to understand how to innovate more effectively, and to determine what to measure, it is important to consider several aspects of innovation. Read How do you Measure Innovation Results and Outcomes and download this 24-page report on Measuring Innovation.