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For CIO Professionals

Measure And Manage The Innovation Process

February 12, 2015

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This is the Performance Management report in The Innovation Playbook For 2016.

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Why Read This Report

In today's rapidly changing global marketplace, an organization's innovation process is critical to competitive survival, regardless of the industry. Innovation takes many forms ranging from small, incremental improvements to high-impact breakthrough products, and increasingly technology management is in the middle of it all. Tech management plays a dual role in innovation as both a facilitator of innovation by the business, especially as more innovation is sourced through networks, and as a source of innovation. But like any other process, it can't be managed if it isn't measured. This report provides guidance in how to develop metrics to measure the effectiveness of your innovation process across your innovation network. This is an update of a previously published report; Forrester reviews and updates it periodically for continued relevance and accuracy.

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Table of Contents

  • Develop Metrics Across The Innovation Life Cycle
  • Metrics Allow CIOs To Monitor The Innovation Process
  • Use Innovation Network Roles To Measure The Value You Deliver
  • RECOMMENDATIONS

  • Use Metrics To Improve Your Innovation Process
  • Related Research Documents

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