10 questions to understand the effectiveness of your innovation efforts:
1.
Is growth coming from innovative products, channels, or markets?
Yes
No
2.
Is innovation explicitly measured?
3.
Is someone or group explicitly responsible for innovation?
4.
Is capital explicitly allocated for innovation?
5.
Are learnings around innovation captured and used?
6.
Are innovation sponsors present in each business unit?
7.
Is innovation performace managed as a portfolio?
8.
Are new technologies systematically introduced?
9.
Are structured processes used to manage innovation?
10.
Are partners leveraged to drive innovation?