Innovation Dashboard to manage innovation success
Innovation dashboards are essential for tracking innovation success, but only 22% of businesses use metrics to measure it. A good dashboard combines the right data sources and presents relevant performance indicators to create a single source of truth. It tells a clear story with a focus on the most important KPIs and is accessible to all relevant stakeholders. A dashboard should track both leading and lagging KPIs to measure past outcomes and future projections. A good dashboard tool is Microsoft Power BI, but there are many others available. Collecting the right data is key to improving innovation output and communication. The Accept Mission platform provides a built-in dashboard with KPIs, and companies can use a live data connector for tools like Power BI.