How to Measure and Report Innovation Performance in Companies Using Four Metrics

You cannot create a culture of innovation without tools for measuring and reporting innovation performance!Over the years of offering workforce innovation services and interacting with organizational leaders in different countries, I have gained deeper insight into why despite innovation being at the top of every executive's priority list, companies still fail to create a culture of innovation that delivers a meaningful innovation-driven results across functional units. There are a lot of moving parts in creating a culture of innovation. One such tool is measuring and reporting innovation performance in companies.Measuring innovation performance is one of the issues many companies across the globe grapple with. This hampers efforts to drive innovation. In other words, it is difficult for an organization to create a truly culture of innovation without an effective mechanism to determine the return on the company s investment in company-wide innovation practices. This book aims to provide tools to help managers build essential skills and knowledge for measuring and reporting innovation performance in organizations.