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Category: Innovation, Metrics
Clayton Christensen, Harvard-professor and author of the seminal book The Innovator’s dilemma, couldn’t foresee that within two decades a lot would change in how innovation unfolds. While in the past disruptive innovation and recessions only brought temporary job losses that were recovered within a few months, something fundamentally has changed. The economic crisis from 1992, …
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Category: Innovation, Intrapreneurship, Metrics
The basic problem with every innovation is forecasting revenues. Intrapreneurs may know to some level of certainty how much it will cost to reach a certain stage with their project, but it’s nearly impossible to predict how the success on the market will be. While there are a series of metrics to measure innovation, management …
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Category: Innovation, Intrapreneurship, Metrics
Innovation, as with every initiative or process that companies want to track, needs to be measurable. If you can’t measure it, break it into measurable pieces. But innovation can be a messy process. While we are good with tracking the value and depreciation of hard assets, measuring the value of patents, soft skills, and innovation …
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