How to Track and Prove Your Innovation Program’s Value

How to Track and Prove Your Innovation Program’s Value

Intentional innovation is crucial in business function in 2016, but only if you can prove its worth to decision makers. The innovation programs created by Cisco and TRANSFORME are examples of how to create measurable outcomes. Expectations should be defined and aligned with company KPIs and goals. Proactively setting expectations is crucial because it takes time. Focusing on quantity with early challenges, projecting returns, and seeking financial expertise are other ways to help propel the innovation process forward. Providing regular updates validates both process and progress.

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More Innovation Resources:

How to Present a Perfect Innovative Pitch

Learn how to create a powerful pitch presentation with these effective strategies, including research, planning, emotional involvement, storytelling and positive energy.

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Ideation in groups and production blocking

Ideation in groups and production blocking

Group brainstorming may not always result in the most quality ideas. The article offers advice on how to overcome production blocking and evaluation apprehension, including the use of nominal group technique and innovation management tools like Idea Drop.

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Tainted Innovation, Tempting Innovation

Ideas have a better chance of success if they are not attributed to individuals. Rewards should go to participation, not just ideas.

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