Organizing for Innovation: Tracking ROI from Challenges

Optimize Your Innovation Investments

Are you maximizing the returns from your innovation programs? Discover the essential practices for tracking and optimizing the ROI from your innovation challenges with our latest guide from our webinar, ‘Organizing for Innovation: Tracking ROI from Challenges‘.

Leveraging insights from Wazoku’s Challenge Driven Innovation® methodology, our guide outlines a precise process that enables organizations to determine the value of their innovation programs, enabling the achievement of strategic objectives.

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Inside this insightful guide, you will uncover:

• A clear process for determining ROI: Understand the key steps to accurately measure the return on investment from your innovation program, starting from defining what metrics you’ll measure to identifying when and how often to report on these outcomes.
• The transition from Activity Metrics to Impact Metrics: Grasp the crucial shift from non-financial focused metrics to financial ones and see how this transition indicates the maturity of an innovation program.
• Key performance indicators for your first year: Kickstart your innovation program on the right track. We share some essential performance indicators, that we have consistently used across two decades of establishing these programs with our customers.

This guide concludes with practical advice and considerations for innovation leaders who are about to establish an innovation program, serving as a comprehensive tool for measuring the value delivered by your innovation program.

This guide marks the culmination of the Organizing for Innovation series, aiming to provide you with all the resources you need to understand, implement, and succeed in innovation programs. With these guides and a comprehensive platform like Wazoku, no problem should be too big to tackle or any opportunity too difficult to explore.

Don’t let your innovative ideas go unnoticed or unmeasured. Download ‘Organizing for Innovation: Tracking ROI from Challenges’ now and begin maximizing the return on your innovation investments today!

Download our free guide today!