Innovation programs have a very short lifespan if they don’t develop a metrics regime that indicates they are making progress — but also isn’t so onerous that too much of the team’s time is spent collecting data and compiling it into reports or presenting it on dashboards.
We put metrics into two categories: activity metrics, which show things like how many training sessions you’ve conducted or startups you’ve met with, and impact metrics, which show tangible outcomes.
A good starting place in this section is our research report, "Untangling Innovation Metrics: What every innovation leader needs to know."
Measuring innovation has come up in every interview, conversation, and Field Study. This report captures what we’ve learned so far — both what executives are tracking today, and what they’re still working to capture.
The era after COVID-19 will have an economy shaped by new habits and regulations. Find out how behaviors will shift and what new opportunities are emerging.
Sean Belka discusses how the financial services firm assesses new ideas and scales them when the time is right, along with more best practices for running an innovation lab. Belka is a Managing Director in Fidelity’s Corporate Business Development group.
Beth Devin of Citi Ventures and Kirsten Aune of General Mills joined us to answer innovation questions submitted by our members.
We answer questions on corporate innovation submtted by listeners. Get advice on H3 innovation, going from good to great, and spreading innovation company-wide.
Dr. Chris Haskell discusses how Bayer partners with startups, academic institutions, and other corporates at the company’s Innovation center.
Watch this Master Class to find out the difference between “activity metrics” and “impact metrics,” where to start, and how to evolve your measurement regimen over time.
In our latest Master Class, “Innovation by the Numbers,” we explored the metrics and analytics behind innovation efforts with Innovation 360’s CEO Magnus Penker.
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Innovation Leader’s Scott Kirsner presents high-level findings from our Q2 report, joined by executives from the healthcare, insurance, and media industries.
Mona Vernon, Chief Technology Officer of Thomson Reuters Labs, explains why the company began rotating employees between its innovation labs. Find out more in this video…
What are data flows? The data collected and processing to run and optimize your business. Jim Knapik of Northeastern University explains how to use them to deliver insights.
Different stages of innovation ventures should focus on different types of metrics. Learn about which metrics you should be using and when from Nondini Naqui.