Making Innovation Work: How to Manage It, Measure It, and Profit from It

TLDR: In this paper, the authors present a formal innovation process proven to work at HP, Microsoft and Toyota, to help ordinary managers drive top and bottom line growth from innovation by using metrics at every step of the innovation process.

Abstract: Making Innovation Work presents a formal innovation process proven to work at HP, Microsoft and Toyota, to help ordinary managers drive top and bottom line growth from innovation. The authors have drawn on their unsurpassed innovation consulting experience -- as well as the most thorough review of innovation research ever performed. They'll showi? what works, what doesn't, and how to usei? management tools to dramatically increase the payoff fromi? innovation investments.i? Learn how to define the right strategy effective innovation; how to structurei? an organization to innovate best; how to implement management systems to assess ongoing innovation; how to incentivize teams to deliver, and much more. This book offers the first authoritative guide to using metrics at every step of the innovation process -- from idea creation and selection through prototyping and commercialization.