Executive summary
In the realm of innovation, measuring success is essential. Our Innovation Metrics Guide equips you with the knowledge and tools to navigate this landscape effectively. It addresses the challenge of selecting the right metrics and the need for standardization - highlighting the critical role of innovation metrics in enhancing business performance.
Wazoku's Advanced Analytics feature offers insights by analyzing innovation program data, helping organizations harness the full potential of their initiatives. This guide focuses on the following key pillars: reporting, metric types, review frequency, and stages of maturity, with the following as a motivation for writing on this matter:
Most organizations are yet to fully optimize their innovation reporting, emphasizing the importance of standardizing innovation metrics.