Innovation Metrics Management
Many multinational companies have established growth targets and innovation processes within their organizations. Yet, executives struggle with determining if their processes are truly effective, and if they have the right metrics to manage activities. In many cases, metrics may not be causally linked to performance drivers and strategic goals, there may be too few or too many metrics, there may not be an appropriate mix of “leading” and “lagging” measures, or some metrics may actually encourage undesired behaviors.

By setting innovation metrics we can help executives:

Set clear expectations

Manage effectively the "what" not the "how" with limited time

Innovation Process Improvement
Developing ideas and new product concepts is only half the battle, taking these concepts to market is the other half. One process must link all of these activities together and this process must link to the business strategy and resource management processes. Client objectives for projects may include:

Best practice benchmarking of insight discovery, product development and execution activities to enhance elements of an innovation processes

Define a venture development process that manages higher risk growth projects separate from core business

Assess high performance team activities who excel at a strategic objective such as speed-to-market or identifying breakthrough innovation to capture insights into how they work to incorporate into the innovation process

Streamline the innovation process to reduce non-value added process and investment

Portfolio Management
We can help clients improve the clarity in project issues to get to resolution faster and make better, more informed decisions through our project portfolio management tools. Our objective is to develop a simple and easy-to-use set of criteria and process for clients. No one decision model is right so we develop a system that emulates the flexibility in a variety of fact-based decision points, stimulates discussion and supports quick but reliable decision-making.