Here's how you can measure and track the impact of innovation on your organization as an engineering manager.

Let's talk fundamentals. If you want to define KPIs to measure and track the impact of Innovation, I assume you already have a comprehensive program in place. All the above are meant to tune the brain to the right mindset or what I call the "Innovator's Zone". Step 2: Find some meaningful ways for your engineering organization to measure the effectiveness of your innovation program. 1- What is the Innovation maturity level and evolution over time of new product/services features? (1-5) 2- How homogenous is your team's contribution to innovative ideas? You could create an index. 3- How often do you get valuable contributions? 4- Benchmarking with global eng. companies 5- # of approved IP 6- # Open Innovation collaborations Among others

Set Clear Metrics: Define specific goals like time to market, number of patents, or production efficiency. Benchmark Progress: Use these metrics to measure innovation over time. Regular Reviews: Discuss progress with your team regularly to stay aligned. Role Clarity: Ensure everyone knows their part in driving innovation. By following these steps, you can effectively track and enhance your organization's innovation efforts.

While it's crucial to monitor metrics directly linked to innovation initiatives, such as the number of new product releases or patents filed, it's equally important to consider broader organizational metrics that reflect the overall health and performance of your team and company. By incorporating a diverse range of metrics into your measurement and tracking framework, you gain a comprehensive understanding of the impact of innovation on your organization. This holistic approach allows you to assess not only the outcomes of specific innovation initiatives but also their broader implications for employee engagement, customer satisfaction, and overall business performance.

Ao introduzir uma nova técnica de reciclagem de materiais de constru??o, envolvi a equipe desde o início, pedindo sugest?es e feedback contínuo. Realizamos sess?es de brainstorming e recompensamos ideias inovadoras. Esse engajamento n?o só gerou novas solu??es práticas, mas também aumentou o moral da equipe, mostrando-lhes que suas contribui??es eram valorizadas.

Involve Everyone: Encourage your team to share ideas and improve processes. Set and Review Metrics Together: Collaborate on defining and tracking innovation goals. Diverse Perspectives: Use your team’s insights for better problem-solving. Recognize Contributions: Reward innovative efforts to motivate continuous improvement. By engaging your team in these ways, you'll foster a culture of innovation and track its impact effectively.

Após um ano da implementa??o de um sistema de energia solar no canteiro de obras, analisei os resultados considerando a economia de custos e a redu??o de emiss?es de carbono. Além das economias imediatas, observamos um aumento na percep??o positiva da empresa entre os clientes. Essa análise aprofundada confirmou que a inova??o estava alinhada com nossos objetivos de sustentabilidade e eficiência.

Innovation can also be viewed as accetping the risks associated with utilizing new and emerging technology. Establish intercompany networks to share progress, experiences, lessons learned so as to adapt quickly to contribute to its ongoing development and success in an Agile approach. Ask reaching and probing questions of the reported progress so as to ensure understanding and transparency.

Quando um novo método de impermeabiliza??o n?o atingiu as expectativas iniciais, coletamos dados e rapidamente iteramos, experimentando materiais alternativos. A agilidade na resposta nos permitiu ajustar a abordagem antes que grandes prejuízos ocorressem. Essa capacidade de adapta??o rápida garantiu que a inova??o fosse aprimorada e eficaz, mantendo o projeto dentro do cronograma e do or?amento.

Gather Feedback: Use surveys, focus groups, and direct talks with stakeholders, team members and customers. Understand Impact: Learn how your innovations are perceived. Improve Continuously: Use the feedback to refine and enhance your innovations. Engaging in this feedback loop ensures your innovations meet needs and expectations.

Seek feedback on how the innovation application process was received and how it can be improved and replicated on future endeavours. Innovative solutions to overcoming quality control issues are often overlooked as a source of rich learnings that should be shared widely as a successful outcome to a problematic situation.

Innovation shouldn't come at the expense of core business health. Consider including metrics that track the impact of innovation on core business activities, such as how it improves efficiency or reduces costs in core product development.