TITLE

Measuring Your Return on Innovation

AUTHOR(S)
Kuczmarski, Thomas D.
PUB. DATE
March 2000
SOURCE
Marketing Management;Spring2000, Vol. 9 Issue 1, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Cost reductions and incremental product improvements are no longer the way to revenue growth and greater profitability. Measurement of "return on innovation investment" (R2I), the capstone of a series of innovation metrics tools, will enable executives to manage the greater risks inherent in truly innovative new products and services. Additional metrics for monitoring various performance and process dimensions of innovation initiatives feed into the R2I "roll-up" number. A step-by-step guide will help executives manage the measurement of innovation. INSET: A Guide to Managing the Measurement of Innovation.
ACCESSION #
3177327

 

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