Business innovation is a vital ingredient in raising the productivity, competitiveness and growth potential of modern economies. Essentially, Innovation is the successful exploitation of new ideas. These can be ideas for products, services or processes. It includes both radical new ideas and incremental changes to existing ones. All businesses can, and should, innovate.
Earlier this year I was interviewed by Caroline Eveleigh at Anatec Software and Systems. Caroline is an avid blogger on performance management amonst other things, and she asked me how you could measure Innovation.
