The Right ROI of Innovation for Your Firm

The Right ROI of Innovation for Your Firm

Many organizations dismiss innovation without considering real ROI thinking. Innovation as Investment is a three-step process that can solve this problem. The first step is to determine risk-tolerance level, then create a mix that works for the organization and finally kick off all projects with executive leadership support. If done right, a diverse innovation portfolio can result in high returns. For example, a low risk-tolerance company can allocate 80% of efforts towards incremental innovation, 15% for disruptive innovation and 5% for breakthrough innovation.

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More Innovation Resources:

Innovation Management at Work: Real-World Use Cases

Global companies waste billions on innovation due to failure to engage employees, partners, and customers in the innovation management process. Collaborative innovation management systems can lead to involvement, cost savings, efficiency, and new product development.

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My R&D Internship at Agorize

A Telecom SudParis-student shares his experience as an intern in the Agorize R&D team, discussing the recruitment process, his work on improving user searches, and his advice for future interns.

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Aligning Innovation Activities with Strategy Using Roadmaps

Aligning Innovation Activities with Strategy Using Roadmaps

Innovation roadmaps can align innovation efforts with business strategy. Gartner recommends selecting innovation activities focused on valued business outcomes, situational challenges, and best use of existing resources. ITONICS Roadmap tool supports innovation roadmapping.

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