Innovation Accounting blog

Innovation expenditure falls primarily under the operating expense (OPEX) of a company. Because OPEX makes up the bulk of a company’s ongoing costs, leaders typically look for ways to reduce OPEX without causing a critical drop in quality or production output. And innovation is always a prime target when OPEX

The highest performing companies are those that can deliver profitable year-over-year organic growth. Innovations are a key element for sustainable growth by enabling companies to acquire new customers and keep existing ones.  The question for businesses is: How can you measure the effectiveness of the innovation ecosystem for delivering sustainable

Traditionally, there are many ways to measure the future impact of an individual investment. Most businesses measure them using proforma financial statements. The challenge is the future part … how can we predict it with any accuracy? That’s where Monte Carlo financial modelling becomes your secret superpower. If Monte Carlo

This article was originally posted on The Future Shapers where I’m a regular contributor. Although in principle everyone agrees that corporations need to get better at mimicking the venture capital world when it comes to taking investment decisions in ventures, in reality this is proving harder to apply.  One of

This article was originally posted on The Future Shapers where I’m a regular contributor. Today all industries go through changes, making an understanding of the factors that influence purchase decisions highly important. With every firm attempting to gain a desired share of the market by providing the highest quality products

This article was originally posted on The Future Shapers where I’m a regular contributor Measuring innovation at product team level is not enough to have an innovation accounting system. Innovation has become an important activity for the survivability and future profitability of a company. Therefore more and more stakeholders are