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Five Things You Should Measure about Your Innovation System

The Inovo Group

Just a little research [2] reveals hundreds of suggestions about what to measure about the effectiveness of your innovation system and the value of the products, services and businesses that result. Increase Adoption – To the extent that you can get a new product, service or business model to be more widely adopted, its value will increase.

System 40
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Disaster: CEO’s Ignoring Digital Innovation

Gregg Fraley

But, unlike the darkness of that mythical winter, digital tech is a blizzard of fresh, new capabilities, and new combinations of capabilities, that impact and augment every single aspect of a business, the entire value chain — products, services, distribution, sales, manufacturing, business models – everything.

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Innovation in Myanmar

Innovation Excellence

Innovators often think of their work at the macro scale, trying to identify a new product or service that would appeal to a wide audience. While this is certainly important from a financial standpoint, it does not mean that one should avoid thinking about how consumers will connect individually with a new product or service.