The 10 most important indicators in trend & innovation management

How to Measure Innovation white paper

This white paper on measuring innovation serves to help innovation teams in medium-sized companies to clearly formulate their innovation indicators in line with the corporate strategy. Sustainable innovation could play a key role here.

KPIs (key performance indicators) set the goals and are also decision-making criteria on which pioneering measures are based. Innovation indicators show the effects that trends have on your company. These indicators are the focus of this white paper.

  • Focus on innovation teams
  • Aims in trend and innovation management
  • 10 KPIs – from the degree of participation to the rate of innovation

If you can measure indicators, you can communicate developments

Defining, tracking and comparing indicators reveals both progress and setbacks; in any case, it strengthens the transparency of your work. In this way, indicators fulfil an elementary function for companies: KPIs set the goals and are also decision-making criteria on which pioneering measures are based.

Strategic goals of companies and organizations

Sustainability goals as innovation drivers

The 10 most important indicators in trend & innovation management

How to Measure Innovation white paper

The TRENDONE How to Measure Innovation white paper features the 10 most important indicators in trend & innovation management.

Innovation indicators help you to assess your success, serve as a good means of communication and highlight the significance of trends and innovations in your company.

Download the How to Measure Innovation white paper as a PDF (785 KB).
 

* Required field

KPIs make trend and innovation management visible

Indicators form the basis for linking operational priorities and strategic goals

#1 Rate of relevance
How well do you separate the signal from the noise?

#2 Degree of participation
How do you avoid the “not invented here” syndrome?

#3 Rate of transfer
How do you increase the connectivity of trends?

#4 Degree of innovation
How do you develop more disruptive ideas?

#5 Rate of learning
How fast are you at learning?
 

#6 Alignment index
How well is your innovation management synchronized?

#7 Rate of success
How many innovation projects do you conclude successfully?

#8 Speed of development
How fast do you launch innovations onto the market?

#9 Cost of development
How efficiently do you use your innovation budget?

#10 Rate of innovation
How great is your company’s innovation strength?

The connection of the innovation topics to the control of your company’s sustainability goals gives innovation management an immense boost in significance.

back to top