How to Track and Prove Your Innovation Program’s Value
Intentional innovation is crucial in business function in 2016, but only if you can prove its worth to decision makers. The innovation programs created by Cisco and TRANSFORME are examples of how to create measurable outcomes. Expectations should be defined and aligned with company KPIs and goals. Proactively setting expectations is crucial because it takes time. Focusing on quantity with early challenges, projecting returns, and seeking financial expertise are other ways to help propel the innovation process forward. Providing regular updates validates both process and progress.