KPIs in the innovation process

To measure the success of your innovation management process, it's important to track key performance indicators (KPIs). Quantity-based KPIs, such as the number of ideas submitted or ideas per employee, are easy to measure but may not reflect the quality of the ideas. Qualitative KPIs, such as idea depth and ratings by users and experts, provide more insight into the worthiness of ideas. Innolytics provides idea management and innovation management software that tracks both types of KPIs and helps companies achieve their strategic goals.