How to Measure and Report Innovation Performance in Companies

How to Measure and Report Innovation Performance in Companies
Author: David Masumba
Publisher:
Total Pages: 182
Release: 2020-11-09
Genre:
ISBN: 9781734191370

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.

Valuing Corporate Innovation

Valuing Corporate Innovation
Author: Gunther Friedl
Publisher: Springer
Total Pages: 121
Release: 2017-11-06
Genre: Business & Economics
ISBN: 3319648640

This book presents tools for valuing and controlling corporate innovation. It combines a well-established theoretical framework with case studies at Siemens that illustrate the practice of valuing and controlling innovation and underline the strong link between theoretical concepts and practical application. Innovation is a key factor determining the success of companies and since corporate innovation consumes large quantities of resources, the issue of how best to distribute these resources among different projects is crucial. For an optimal resource allocation, companies need valuation tools to assess the benefits, costs and risks of competing projects. The energy sector is an example of a market that is strongly driven by innovation, and as such the book describes the processes and the potential of digitalizing product development and outlines the valuation process for a long-term innovation project in this sector – the development of the latest Siemens gas turbine.

Evaluation and Performance Measurement of Research and Development

Evaluation and Performance Measurement of Research and Development
Author: Vittorio Chiesa
Publisher: Edward Elgar Publishing
Total Pages: 311
Release: 2009-01-01
Genre: Business & Economics
ISBN: 1849801940

This book develops and illustrates a comprehensive, multi-level framework for the evaluation of industrial research and development (R&D) activities and the measurement of their performance. The framework encompasses a set of hierarchical, interrelated levels at which R&D evaluation and performance measurement could be undertaken. This enlightening book focuses on the single industrial firm to study performance measurement of R&D functions, projects and individual researchers or engineers. It also addresses R&D evaluation from the point of view of financial markets, with a focus on the relationship between R&D investments and the value of the traded firm. The book broadens tin scope to study the role of technology platforms as R&D coordination mechanisms and also looks at the evaluation of R&D policies. This book will be warmly welcomed by researchers and postgraduate students in disciplines concerned with innovation management, technology policy, and finance who wish to gain an updated overview of R&D evaluation and performance measurement as well as exploring different units of analysis.

Measuring Innovation A New Perspective

Measuring Innovation A New Perspective
Author: OECD
Publisher: OECD Publishing
Total Pages: 130
Release: 2010-05-25
Genre:
ISBN: 9264059474

Measuring Innovation is a major step towards evidence-based innovation policy making. It complements traditional “positioning”-type indicators with ones that show how innovation is, or could be, linked to policy.

Business Performance Measurement

Business Performance Measurement
Author: Andy Neely
Publisher: Cambridge University Press
Total Pages: 386
Release: 2002-03-07
Genre: Business & Economics
ISBN: 9780521803427

A multidisciplinary book on performance measurement that will appeal to students, researchers and managers.

Business Performance Measurement and Management

Business Performance Measurement and Management
Author: Paolo Taticchi
Publisher: Springer Science & Business Media
Total Pages: 373
Release: 2010-01-22
Genre: Business & Economics
ISBN: 3642048005

Measuring and managing the performance of a business is one of the most genuine desires of management. Balanced scorecard, the performance prism and activity-based management are the most popular frameworks in this setting. Based on the findings of R.G. Eccles’ acclaimed "Performance Measurement Manifesto (1991)" this book introduces new contexts and themes of application and presents emerging research areas related to business performance measurement and management, e.g. SMEs and sustainability. As a result of the 1st International Summer School Piero Lunghi on "Perspectives of Business Performance Management" this book is written both for students and academics, as well as for practitioners looking for new, yet proven ways to measure and manage business performance.

Transforming Performance Measurement

Transforming Performance Measurement
Author: Dean Spitzer
Publisher: AMACOM
Total Pages: 312
Release: 2007-02-09
Genre: Business & Economics
ISBN: 0814430090

Performance improvement thought leader Dean Spitzer explains why performance measurement should be less about calculations and analysis and more about the crucial social factors that determine how well the measurements get used. Transforming Performance Measurement presents a breakthrough approach that will not only significantly reduce those dysfunctions, but also promote alignment with business strategy, maximize cross-enterprise integration, and help everyone to work collaboratively to drive value throughout your organization. Spitzer’s "socialization of measurement" process focuses on learning and improvement from measurement, and on the importance of asking such questions as: How well do our measures reflect our business model? How successfully are they driving our strategy? What should we be measuring and not measuring? Are the right people having the right measurement discussions? Performance measurement is a dynamic process that calls for an awareness of the balance necessary between seemingly disparate ideas: the technical and the social aspects of performance measurement. This book gives you assessment tools to gauge where you are now and a roadmap for moving, with little or no disruption, to a more "transformational" and mature measurement system. The book also provides 34 TMAPs, Transformational Measurement Action Plans, which suggest both well-accepted and "emergent" measures (in areas such as marketing, human resources, customer service, knowledge management, productivity, information technology, research and development, costing, and more) that you can use right away. Transforming Performance Measurement tells you not only what to measure, but how to do it -- and in what context -- to make a truly transformational difference in your enterprise.