Output Metrics

Output metrics are used to track the performance and success of an innovation strategy after implementation. (e.g., product fit, ROI)

More Innovation Glossaries

Factors

Factors are elements or conditions that influence the outcome of processes or the performance of businesses and innovations.

Established Companies

Established Companies: Mature businesses with proven market presence, stable revenue streams, and established organizational structures.

Tactics

A tactic is a specific, identifiable element in a business strategy. It helps to break down top-level goals and strategic initiatives into detailed action steps so the strategy can be executed effectively.

Top Output Metrics Resources

Quantify Your Customer’s Unmet Needs

Quantifying customer needs is key to turning innovation from art to science. The Opportunity Algorithm is a formula used to prioritize unmet customer needs by quantifying desired outcomes.

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Understanding The 7 Types of Innovators In Your Innovation Ecosystem

Learn about the seven types of innovators and their roles in the innovation process.

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Running an Innovation Challenge: the Ultimate Guide

Innovation challenges encourage employees to generate and collaborate on ideas, creating a strong culture of innovation. This article provides a step-by-step guide on how to set up a successful internal innovation challenge.

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What is a good customer insight?

Crafting a powerful insight when developing ideas takes effort and time. To ensure true insights, focus on customers and avoid reverse benefits.

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Innovating for Mind, Body and Soul

Appealing to the minds and hearts of consumers is not enough for an innovation to succeed. Embodied cognition, or physical interaction between consumers and products/services, also plays a crucial role.

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Here’s how you can come up with outside the box innovations

Creating outside the box innovations involves breaking down problems into fundamental truths, embracing constraints, conducting qualitative research, thinking bigger, and seeking critique.

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Exploring Innovation - Guest Post from Howard McAuliffe

Grass roots practitioners and top minds in the country alike came together at a community development conference hosted by the Federal Reserve Bank of St. Louis to discuss, collaborate, and learn about innovative approaches to community development.

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Customer driven innovation

Customer driven innovation

Turn complaints into opportunities with customer-driven innovation! Innolytics® Innovation Management software allows companies to manage customer complaints and share knowledge among specific users, promoting customer co-creation and generating new ideas.

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Lunar - McKinsey Design

Lunar - McKinsey Design

A design-focused innovation consultancy, LUNAR’s broad array of skills serve their clients all the way through the development process.

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