My company, Saturn Ergonomics, uses the innovation model provided by Innovation Monkey, https://www.innovationmonkey.com. The Founder of Innovation Monkey, Bob Sesek, has a deep background in IP capture, innovation cultivation, patents, etc. He has an elegantly simple process. The framework begins with training to create what I think is a cultural shift - getting people to realize they have ideas, that their ideas matter, believe that they can innovate, etc. Initially you develop Strategic Innovation Targets ... basically a roadmap/vision for future innovation. Other components of the process are Enabled Titles (people jotting down ideas in a clear, concise manner as they occur during work), Innovation Capture/Disclosure Forms (think through and document the innovation/idea), and we hold 1 hr Friday Innovation Meetings (where we share enabled titles, review Innovation Capture forms, collaborate, etc.). This process works for us. I believe that Innovation needs a process. And we are continuing to customize the process (use Google Docs as common platform, create a scoring system to rank/prioritize ideas, develop process metrics, etc.). Without a process, you have a bunch of ideas floating around, and they never become "actionable". My company is a small consulting & technology development company; and the process is working well for us. But this process originated in MUCH larger tech-focused companies. I think the core process would work in any size company.
If you are looking into introducing innovation metrics in companies without an innovation culture is rather pointless. My experience says innovation is a "nice-to-have" word but not a leadership driven purposeful activity for most of them. At best you'll get fragmented metrics that will not correspond to actionable insights, with stakeholders not recognizing innovation happening neither be open enough to adapt to open innovation ecosystems nor recognize them as such. Of course that's perfectly fine if sustainability is achieved but lacks forward thinking and defenses in future disruptive offerings.
Rather I would suggest trying to see whether they intend to introduce innovation practices such as an innovation zones. Often enough especially in larger organisations a dedicated function can slowly cultivate a culture for innovation without disrupting internal processes. A great example of this would be the Partners HealthCare Innovation Program (https://innovation.partners.org/for-investigators-and-innovators), whereby the following activities took place:
Initial Innovation Zone building based on:
1. Building an conception-to-realization process
2. Rules to identify innovation
3. Rewards for the creator based on value (financially or otherwise)
4. KPIs to quantify the payback from innovation adopted
The Success Factors were and are:
1. A dedicated function
2. Incentives to participate
3. Internal Exits
4. Metrics in place (highly correlated to the organisation)
5. Integrated dissemination framework
6. And last but not least innovation was leadership driven
You might then want to apply the Innovation Chain to measure innovation as suggested by Thomas Koulopoulos (Delphi Group) and apply the Innovation Velocity Equation to measure speed that goes something like this:
Velocity=SustYrs / DevYrs * 100%
where there is no perfect number, but over 3 means that the company has roughly 30% of its revenue coming from products/services under 3 years old and can serve as a good indicator.
Hello, Felipe! I have some works about it. You should check it out in my profile here in Research Gate, mainly my thesis. I did developed a model to evaluation of innovation in MSE. If you need more informations, just contact me.
Here are a few works that provide innovation and innovation performance scales:
Yoo, D., Vonderembse, M. A., & Ragu-Nathan, T. S. (2011). Knowledge quality: antecedents and consequence in project teams. Journal of Knowledge Management, 15(2), 329-343.
Oliveira, M., Curado, C. M., Maçada, A. C., & Nodari, F. (2015). Using alternative scales to measure knowledge sharing behavior: Are there any differences?. Computers in Human Behavior, 44, 132-140.
Hussinki, H., Ritala, P., Vanhala, M., & Kianto, A. (2017). Intellectual capital, knowledge management practices and firm performance. Journal of Intellectual Capital, 18(4), 904-922.