Can Innovation be measured?

Innovation MeasurementThe answer is of course yes! The problem comes when your definition of Innovation and mine do not coincide!

Many people will trot out a list of KPIs that are just modified version of standard production/manufacturing indicators. These could include number of ideas generated, number of ideas actually turned into products, time from conception to production etc.

What I am interested in is the behavioural aspects. What actually is there that will allow a business to innovate? Its a bit like the voltage in a battery. The battery may not be doing any work if its not inserted into a device, but what is its potential to do some work? How can you measure the potential of your organisation to innovate?

For details of the Innovation Equation you can visit my website or send an enquiry and ask for details of Innovation Measurement. In a nutshell, the Innovation Equation is a model, the components of which are Innovation Output, Creativity, Knowledge and Maturity. These can be assessed via surveys to give a detailed picture of the organisation.

Surveys can be taken with demographics recorded such as location, function, job description etc. The resulting data will allow scarce resources to be targetted at the appropriate parts of the organisation rather than trying to pass every employee through an Innovation Programme. You will also find out where the barriers are.

Results are given via an easy to read target diagram and a colour coded traffic light system. More detail is there if you wish to have it.

 

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Coffee With Derek on IMAN FM 02/03/2017

My weekly radio show Coffee With Derek broadcast on March 2nd 2016 on Iman FM. Business Creativity and Innovation, a little music from Dire Straits plus an interview with Caroline Palmer from Raising The Baa – Leadership and Management training using Sheep.

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Become A Rebel And Boost Your Career

Become a rebel with a cause to boost your careerHarvard Business School professor Francesca Gino firmly believes that being a rebel with a cause will boost your career and enrich you personally.

The professor conducted a study of more than 1000 employees and found that less than 10% worked at companies that encouraged challenging the status quo. According to her “when this happens, workers and their organisations both pay a price”. The price is decreased engagement, productivity and innovation.

Apparently the pressure to conform also increases as people progress in their careers. She states that sheep are easier to manage than wolves and a study on peer pressure by psychologist Solomon Asch found that 75% of people will pick an answer they know is wrong simply in order to fit in.

The professor believes that if we adopt constructive nonconformism and be authentic then this will benefit the organisation that you work for. In addition others respond positively to those who dare to be genuine and authentic. In an assessment of entrepreneurs at pitch contests, those who seemed sincere were three times more likely to win than those who were not authentic.

Professor Gino has 3 tips for us:

  1. Challenge your own assumptions first
  2. Master the past
  3. Start small

If you have any questions regarding being a rebel then please get in touch.

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