Tracking and Measuring Innovation
The story of innovation has not changed. It has always been a small team of people who have a new idea, typically not understood by people around them and their executives.
—Eric Schmidt,1 Chairman, Google
There’s no doubt: measuring “innovation” is a fuzzy business. Part of the problem is there isn’t a clear consensus on what marks an innovative company.
—Scott Anthony,2 Innovation Consultant
Introduction
The traditional view is that innovation is a disorganized and random process that cannot be measured. After all, how can one assign a value to the creativity of a person? According to one innovation consultant, even though innovation is one of the key factors of success, it is managed with the least ...
Get Strategic Managerial Accounting – A Primer for the IT Professional now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
