Do You Suck in Innovation Too? Do the Test.

Only a few organisations monitor their innovation performance regularly. Do you? Together with other experts I have developed and tested an Innovation Scorecard measuring your performance. Answer 22 questions in 4 minutes and you will receive a personalised 18-pages report. Click here to do the test. First you find below some very nasty statistics to put you with both feet on the ground.

We really 'suck' in innovation. Yes, you probably too, although perhaps you are not fully aware of it. Let me explain you some facts from two recent LinkedIn polls on the number of innovation initiatives getting launched and the number of launched new products or - services being successful.

As you can see below, almost sixty percent of all organisations launches only one out of every four innovation in initiatives on the market, or even less. On purpose I have called it innovation initiatives because next to new products it could also be new services, - business models, - customer experiences or else. On average the poll shows that only 1 out of every 3.9 innovation initiatives hits the market. The other three got stuck in the innovation pipeline or were stopped.

But it gets even worse. A week later I asked innovators on LinkedIn how many of the launched new products or - services actually attain their original targets. The result is as depressing as the first poll. At fifty three percent of all organisations only one out of every four launched new products or - services reaches their targets, or even less. On average this poll shows that only 1 out of every 3.7 new initiatives launched reach their targets, and can be called successful.

Multiplying these two statistics lead to the fact that on average organisations have to start 14 new innovation initiatives to get one innovation success. It means there's lot of room for improvement in the innovation space.

Organisations have to start 14 new innovation initiatives to get one innovation success.

What about you and your organisation? How is your innovation performance? To help you improve your innovation performance we developed an Innovation Scorecard focussing on three key areas:

1?? People & Organisation

Evaluating how innovative the people in your company are and how well your company is organised, with questions like:

• Are your business goals and vision clear to everybody?
• Do you have a culture that allows employees to think wild and test their ideas, and do you enable them for these tasks?
• How is the management's support for those initiatives?

2?? Innovation Process

Scoring the way your innovation processes match innovation best practices, with questions like:

• Do you have clear and structured processes?
• Do you have clear business criteria they have to fulfill at the start of initiatives and do you have a clear business case at the end?
• When do you involve your customers?

3?? Innovation Performance

Evaluating the performance of your organisation by looking at key innovation performance indicators like:

• What are you innovating on?
• How much of your current revenues is generated by new products or - services launched in the last few years?
• How many of your initiatives are successful on the market?

When you answer 22 questions in 4 minutes, you will receive a personalised 18-pages report. Click here to do the test.

Are you as innovative as you think you are?

• Discover through a set of practical and straightforward questions where your organisation needs clarity and support
• Discover how you can start improving your processes, organisation, and performance with a proven method
• The assessment will show what areas you are on the spot and where you have to put some effort in to be a better innovator.

Everyone who takes the innovation scorecard will receive a digital copy of my book "Inspiration for Innovation" too. So inspire yourself and?your organisation?with 101 valuable?innovation lessons to make your organisation a better innovator.

In just four mins you know more. Take the Innovation Scorecard here.

Ps. Let me know your main score, and the score on each of the three key areas in a comment on this post.

innovative regards,

Gijs