Innovation Metrics and ROI
Measure, track, and communicate the value of innovation investments.
About This Module
This module provides frameworks and techniques for measuring innovation performance and demonstrating ROI. You'll learn how to select appropriate innovation metrics, implement measurement systems, analyze innovation data, and communicate results to stakeholders. Through practical examples and case studies, you'll develop the skills to quantify innovation outcomes and make data-driven decisions about innovation investments.
Learning Tip
Remember: there are no stupid questions, just questions that make your boss silently question your promotion.
Learning Outcomes
- Develop comprehensive innovation measurement frameworks
- Select appropriate metrics for different types of innovation initiatives
- Calculate the ROI of innovation investments
- Use innovation metrics to improve decision-making and resource allocation
- Communicate innovation performance effectively to stakeholders
- Ability to use management jargon convincingly at dinner parties
Prerequisites
- Basic understanding of innovation management
- Familiarity with business metrics
- A sense of humor (highly recommended)
- Coffee or tea (quantities vary by module difficulty)
Duration
Level
Chapters
Category
Updated
Difficulty
You haven't started this module yet. Ready to begin?
Complete this module to earn a certificate of completion that you can share with your network.
Perfect for impressing colleagues or decorating your digital wall of achievements!
- Practical skills you can apply immediately
- Frameworks for effective decision-making
- Strategies to enhance team performance
- Tools to navigate complex management challenges
- How to look thoughtful while staring at spreadsheets