Tracking Your Innovation Efforts

This program examines specific tools that help you determine how well your innovation efforts are working—and enables you to better diagnose, track, and mobilize your innovation program. You will learn 60+ metrics (input, development, and output) that successful innovators use and understand how to select the right ones for your organization.

What?

This program includes an eLearning course, two tools, and one research report.

Why?

You'll be able to:

  • Identify and implement the right set of metrics for  your innovation program
  • Define and measure leading and lagging metrics
  • Analyze how your company measures innovation and how you can improve upon it over time

Who?

  • Organizational Leaders & High Performers

Included Courses

IN213: Setting Innovation Metrics

Learn the importance of setting innovation metrics and the futurethink three-step process of selecting, creating, and measuring your innovation metrics. This helps you identify the best set of metrics for your organization based on the behaviors you want to drive.

Audience:
Organizational Leaders, High Performers
Format:
eLearning
Tags:
Measuring Innovation, Metrics, Strategy

Included Research & Tools

Advanced Guides

Advanced Guide: How to Set Innovation Metrics

Setting metrics for your innovation program is perhaps one of the most critical decisions you make. Metrics help calibrate your efforts and offer a clear path for remedy. You’ll know what’s working in your efforts, what’s not working, and how to modify or tweak your program. This 19-page Tool helps you determine the right set of metrics for your organization.

Audience:
Organizational Leaders, High Performers
Tags:
Managing Innovation, Metrics, Strategy, Tracking
Case Studies

Case Study: John Deere

Innovation may be a fairly recent buzzword, but John Deere has been consistently investing in new ideas for more than fifty years. This long-standing commitment to innovation at a strategic business level has delivered impressiveresults. In this Case Study, find out what keeps this 170 year-old company young: Innovation.

Audience:
Organizational Leaders, High Performers
Tags:
Innovation in Older Organizations, Process
Program-Building Tools

Program-Building Tool: Setting Metrics for Success

Setting innovation metrics helps you analyze the effectiveness of your efforts. Measuring innovation performance isn't just about initial inputs and final outputs—it's also about performance along the way. This 8-page Tool will help teams hone in on a few key innovation metrics, and set goals to point the way forward.

Audience:
Organizational Leaders, High Performers
Tags:
Managing Innovation, Metrics, Strategy, Tracking

Client Quotes

  • “futurethink made the topic of innovation, which means different things to different people, real, meaningful, and actionable.”
    Steven Rubinow, Chief Information Officer, NYSE Euronext NYSE Euronext Logo
  • “The futurethink team did an outstanding job in designing and facilitating an innovation event for our senior leaders, many of who regarded this as the best innovation workshop that they had ever been a part of. I would recommend futurethink to any organization that is looking for clear and actionable pathways to Innovation.”
    Wayne Pethrick, Director, Marketing and Consumer Insights, Pitney Bowes Pitney Bowes
  • “futurethink is enabling us to build critical innovation skills and share best practices across our global organization.”
    Jeff Honious, Vice President of Innovation, Reed Elsevier Reed Elsevier
  • “futurethink made my leadership team think in new ways and helped us develop winning business ideas right in the room. My team now embraces innovation rather than fearing it.”
    Mary Fennoglio, Managing Director, Citigroup Corporate Investment Bank Citigroup
  • “futurethink's proven methodology, research, and tools help ensure we're always ready to meet the evolving public service challenges of tomorrow.”
    Sandy Stosz, Rear Admiral, United States Coast Guard United States Coast Guard
  • “The futurethink workshop not only provided an incredible jolt of energy to our collective innovation efforts and established the common understanding of innovation concepts, but it was also a wonderful team-building event. I don’t think it could have been organized and conducted any better.”
    Michael Ripa, Manager, FRI Infomatics
  • “Innovation is deliberate, if done well. There is a science and process to it. futurethink has done their homework to provide a wealth of practical knowledge to their customers.”
    Senior Vice President of Innovation, Wells Fargo Wells Fargo
  • “futurethink is always thinking ahead about learning and 'innovate' it before we ask! Their programs have been a huge success with our teams.”
    Director of Learning & Development, Sunovion Pharmaceuticals Sonovian Pharmaceuticals
  • “futurethink's research and 'how-to' tools have been essential to building our innovation program.”
    Cindy Morgan, Innovation Manager, New England Federal Credit Union New England Federal Credit Union
  • “Working with futurethink was a very rewarding experience for our team. They brought a great combination of provocative outside ideas, market perspective and a program design that challenged us to think of our own business in more innovative ways.”
    Jim Daly, Vice President of Human Resources, Standard & Poor's Standard & Poor's
  • “If you don't innovate, be creative and look to the future and the possibilities of what will evolve over time, you will cease to be relevant.”
    Randy Voss, Senior Manager, Global Strategy & Business Development, Whirlpool Whirlpool
  • “Any innovative company must develop processes for understanding and responding to consumer needs in a very focused way. Otherwise, they're just inventors, they're not necessarily innovators.”
    Tony Tomazic, Director of Consumer Innovations, Humana Humana
  • “If you don't make innovation a strategic part of your business plan and you don't drive that into the culture, I don't think you'll have a strong innovation pipeline.”
    Mark Hausfeld, Innovation Manager, Global Business Services, Procter & Gamble Procter & Gamble
  • “We need to look beyond our organization's walls to innovate.”
    Mehmoon Khan, Global Leader, Innovation Process Development, Unilever Unilever
  • “futurethink's sessions included excellent examples and energizing exercises that brought innovation to life. They got us to look at our business with new eyes.”
    Joan P. Lawrence-Ross, Chief Learning Officer, AXA
  • “futurethink is the innovation expert. They fine-tune their training to our clients' needs. I'm constantly looking for new opportunities to engage them in our work.”
    Brian Weberg, Director, National Conference of State Legislatures