Hi,
I am currently writing a bachelor thesis at a university sponsored start-up center on the subject of innovation controlling. I would like to measure the success of the Startup Center with KPI's and methods. In the literature, financial indicators are mostly needed for this, but in my case these would be irrelevant, as the matter is publicly funded.
Are there methods that you could recommend that can be implemented without financial indicators? And which performance measurement system could be developed? Is it e.g possible to do the Balance Scorecard without the dimension finance? Also if you could recommend literature I would be very thankful!
Thank your very much for your help!
Kind regads,
Sam
Read this paper:
Adams, R. H., Bessant, J., & Phelps, R. 2006. Innovation management measurement: A review. International Journal of Management Reviews, 8(1): 21-47.
Dear Sam,
Look at these two papers:
Article Measuring the Bulgarian IT Sector Innovations Capabilities T...
Article Company Innovative Leadership Model
Good Morning Sam, Key Performance Indicators (KPIs) are the critical (key) indicators of progress toward an intended result. KPIs provides a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most. As Peter Drucker famously said, “What gets measured gets done.”
Managing with the use of KPIs includes setting targets (the desired level of performance) and tracking progress against that target. Managing with KPIs often means working to improve leading indicators that will later drive lagging benefits. Leading indicators are precursors of future success; lagging indicators show how successful the organization was at achieving results in the past.
Hello Sam, i am studying the same topic. It has been very difficult because of the same problem you faced. My advisor Yadary C. Ortega-González showed me this site...maybe it coul help you. I think it has exactly what you are looking for. Wish it can hhelp you. Best regards, Sajay
https://www.webbsc.com/s/innovations-kpis-and-strategy-map#
Sam use a bit of I/O Psychology once you have collected quality data on your team’s performance, you can fill in the three components with which to fuel your continuous improvement cycle: Insights, Planning, and Actions. Ideally, your KPI data will provide Insights on a problem or opportunity in your small business that you can address to improve your team’s overall performance.
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