Top 5 Ways to Measure Product Innovation

Choosing Metrics to Drive Innovation Performance

Companies know they'll be rewarded for innovation. But how do they know if they're being innovative before they get invited to accept their industry's "top innovator" award?

To ensure improved ability to innovate, companies typically want to make innovation as systematic as possible, have a repeatable innovation capability, drive the right organizational behavior, achieve more reliable and predictable outcomes, and improve innovation performance over time.

The bottom line is that companies want to ensure they innovate and improve their ability to innovate. Measuring is the first step. Tech-Clarity's Jim Brown has identified the top 5 metrics that can help companies do just this.

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