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For CIOs

Innovation Creates Options For Future Business Value

February 12, 2015

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Why Read This Report

Most investments are based on business cases that show a positive return on investment (ROI). The numbers within the business case represent best estimates for the costs and benefits that will result if the investment is made. However, with innovative ideas or products, there is not yet enough information to make informed estimates. Rather, these initial investment activities are designed to answer the questions and produce the data required to write the standard business case. As such, the "business case" for an innovation program can't look at traditional measures of value in traditional time frames. Rather, organizations and their CIOs will need to judge the business benefits accrued from such activities with longer time horizons and with metrics more typical of the venture capital community than traditional direct business value measures. This report helps CIOs build a portfolio of innovation investments in line with their organization's needs. It replaces an earlier report that we've rewritten based on new research.

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Table of Contents

  • The Innovation Portfolio Is The Fuel For Future Growth
  • Segment The Portfolio To Clarify Investments And Communications
  • Build Your Plan — And The Timeline To Execute It
  • Supplemental Material
  • Related Research Documents