Diversity is a critical ingredient in building a comprehensive and sustainable enterprise innovation program. Innovation leaders need to consider a range of ‘innovation enablers’ such as gamification and communication of value to establish a culture of innovation within any organisation.
Innovation is often seen as an act of faith rather than an investment due to the lack of effective metrics to measure it. However, measuring innovation is key for the survival and growth of any business. This article explores the concept of Innovation Value and provides some examples of more sophisticated measurement models for innovation.