In an Innovation Point article, Founder Soren Kaplan notes that only one third of Fortune 1000 companies have defined innovation metrics. And yet 77% of business leaders see innovation as a priority. How is it possible that something that is so important to business leaders doesn’t have a defined set of KPIs?
Well, one reason is that innovation means different things to different people and different things to different businesses… and even different business units. And most of the time we are talking about measuring two different things: innovation capability and innovation results. And it’s actually important to measure both. But how?
