Measuring Innovation Strategy

Innovation strategy

Our product launch has failed, our competitors opened in five new locations, and we’ve missed our targets. Where should we place the blame? Was it a bad launch by the marketing team? Bad luck that the competitor is moving fast? Bad numbers from market research? Or could it be the innovation strategy? We rarely measure […]

Measuring Innovation Culture

In the field of corporate innovation, one of the most often-used terms is “culture of innovation”. It’s the centre of the conversation when market success of companies like NETFLIX, Gore or Zappos is discussed. And it’s also brought up when people have a need to point fingers at some companies inability to grow beyond their […]

Efficiency of the innovation investment (EII)

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 cuts are needed as initiatives […]

Making the New Product Vitality Index (NPVI) work in real life

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 organic growth?  Unfortunately, organizations often […]

How to measure the impact of individual investments

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 reminds you of gambling, there’s […]

The 9 Mistakes Venture Boards Make

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 the vehicles corporations created internally […]

Measuring Ethics

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 that are readily available at […]

The Venture Boards

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 drawn to the process of […]

From Review To Preview

An interview with Thomas Vogth-Eriksen, CFO DNV GL, on how innovation is changing the CFO’s role This article was originally posted on the Thinkers50 Blog Recently, Dan sat with DNV GL’s CFO, Thomas Vogth-Eriksen, to discuss the changes brought about by the digital economy to the CFO role. DNV GL is one of the world’s […]