Innovation Metrics

Five Reasons You Should Be Measuring for Effect

What I Wish I Knew Before I Joined the Innovation Team

Data Insights: Which Emerging Technologies Matter Most to Large Companies?

Data Insights: How Do Corporates Identify ‘Quality’ Startups?

Has Your Organization Racked Up an Innovation Deficit?

Five Reasons You Should Be Measuring for Effect
What I Wish I Knew Before I Joined the Innovation Team
Data Insights: Which Emerging Technologies Matter Most to Large Companies?
Data Insights: How Do Corporates Identify ‘Quality’ Startups?
Has Your Organization Racked Up an Innovation Deficit?

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."

How Bayer's Open Innovation Chief Overcomes Metric Challenges

Chandra Ramanathan, Global Head of Pharma R&D Open Innovation at Bayer, shares insights on what metrics his team measures, how he overcomes challenges in reporting…

Explaining the Five Stages of Innovation Maturity

Large organizations often want to know where they stand when it comes to innovation maturity, progress, or sophistication. We divide this journey into five stages, from “ad hoc” to “optimized.” These are our definitions of each stage, along with data about how many organizations fall into each one.

How This New Innovation Team is Figuring Out Its Metrics

Jodie Brinkerhoff’s innovation team at DFW Airport is relatively new, founded about two years ago. She shares insights on what has been working and what metrics she turns to…

Inside the Innovation Pipeline at Fortune Brands

Moises Noreña, VP of Innovation at Fortune Brands, shares insights on the metrics that his team uses to gauge innovation. He also discusses overcoming challenges in identifying and reporting the right metrics…

Developing Innovation Metrics & Reports That Really Matter

To shed light on how large companies are creating metrics and reporting approaches that work well, we surveyed 196 professionals in large organizations in the first quarter of 2021.

Assessment: What Stage of Innovation Maturity is Your Organization At?

Welcome to IL’s Innovation Maturity Model assessment. This diagnostic is designed to help innovation, R&D, strategy, and new product development leaders understand the strengths and weaknesses of their innovation programs, and provide an instant score.

Research Report

Untangling Innovation Metrics

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.

Audio & Video Resources

Innovation Emergency Objectives & Key Results

Defining the right innovation objectives and key results (OKRs) and key performance indicators (KPIs) can be the determining factor that helps innovation teams prove value. In this Master Class, Ludwig Melik and Sara Husk of Planbox share their best practices and research-based insights to help teams improve their OKR strategy.

How CSAA’s Chief Innovation Officer Approaches Disruption

How do Chief Innovation Officers build a strategic pipeline of innovation activities? And, what do they do to influence culture? CInOs from CSAA and PA Consulting explain.

Building a Strategy for the Low Touch Economy

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.

What's BANCA? Fidelity Investments on Their Criteria for Assessing Ideas

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.