Innovation Capabilities Assessment - Introduction

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Introduction to a new and comprehensive Innovation Capabilities Assessment that identifies gaps between an organization's innovation goals and innovation capabilities.
UPDATE: "Mini Assessments" available for free to a limited number of testers!

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  • Thanks to everyone who helped test and refine the full assessment!

    The full assessment is like looking at your innovation capabilities under floodlights and magnification. It was pretty overwhelming for some companies. Based on this feedback we've developed and just begun testing 'Mini Assessments' that focus on a single high-level Innovation Capability. The 1st set of 'Mini Assessments' include:
    * Business Model Innovation
    * Industry Model Innovation (White Spaces / Blue Oceans)
    * Open Innovation
    * Balanced Innovation Portfolio
    * Innovation Culture

    We've also refined the report so that it is easier to read and faster to create--shortening the time between assessment and feedback. Please see the examples starting on slide 16.

    We're giving free 'Mini Assessments' to a limited number of testers. If you're interested in testing, please let us know right away.

    Thanks again!
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Innovation Capabilities Assessment - Introduction

  1. 1. Introduction INNOVATION CAPABILITIES ASSESSMENT
  2. 2. INNOVATION CAPABILITIES ASSESSMENT Why was the Assessment created? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 2
  3. 3. INNOVATION CAPABILITIES ASSESSMENT Why was the Assessment created? Most organizations want or need to innovate better, but it is difficult to pinpoint the precise areas to focus on and specific changes that are required. ? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 3
  4. 4. INNOVATION CAPABILITIES ASSESSMENT Are different innovation goals taken into account? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 4
  5. 5. INNOVATION CAPABILITIES ASSESSMENT Are different innovation goals taken into account? Yes, the Assessment evaluates your organization’s innovation aspirations, strategies, and competitive drivers, and only evaluates the relevant innovation capabilities. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 5
  6. 6. INNOVATION CAPABILITIES ASSESSMENT What is the result? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 6
  7. 7. INNOVATION CAPABILITIES ASSESSMENT What is the result? After the assessment you will receive a report of areas where there is a gap between your organization’s innovation capabilities and innovation goals. CAPABILITIES GOALS 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 7
  8. 8. INNOVATION CAPABILITIES ASSESSMENT What is the result? After the assessment you will receive a report of areas where there is a gap between your organization’s innovation capabilities and innovation goals. You will also receive recommendations on ways to close those capabilities-to-goals gaps with preliminary remarks related to risk, reward, interdependencies, and the relative difficulty of the recommended changes. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 8
  9. 9. INNOVATION CAPABILITIES ASSESSMENT How was the Assessment created? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 9
  10. 10. INNOVATION CAPABILITIES ASSESSMENT How was the Assessment created? The Assessment applies decades of experience and the real-world learning from hundreds of large-scale, high- risk, and complex innovation initiatives across a wide range of industries, geographies, and organization types. Energy CPG / FMCG Nonprofits Manufacturing Entertainment Retail Education News Banking Research Fortune 500 Software Insurance Healthcare Travel Government Startups Web Logistics 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 10
  11. 11. INNOVATION CAPABILITIES ASSESSMENT How was the Assessment created? The Assessment applies decades of experience and the real-world learning from hundreds of large-scale, high- risk, and complex innovation initiatives across a wide range of industries, geographies, and organization types. While the Assessment incorporates approaches from a variety of innovation thought leaders, these approaches have only been added after being tested and refined during critical innovation initiatives in large, multinational organizations. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 11
  12. 12. INNOVATION CAPABILITIES ASSESSMENT What does the Assessment cover? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 12
  13. 13. INNOVATION CAPABILITIES ASSESSMENT What does the Assessment cover? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 13
  14. 14. INNOVATION CAPABILITIES ASSESSMENT What does the Assessment cover? All in the context of your organization’s innovation goals! 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 14
  15. 15. INNOVATION CAPABILITIES ASSESSMENT What does the Report look like? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 15
  16. 16. INNOVATION CAPABILITIES ASSESSMENT What does the Report look like? High-Level Capabilities are shown … 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 16
  17. 17. INNOVATION CAPABILITIES ASSESSMENT What does the Report look like? High-Level Capabilities are shown … … along with all of the Underlying Capabilities. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 17
  18. 18. INNOVATION CAPABILITIES ASSESSMENT What does the Report look like? Additional detail is provided for each Underlying Capability … 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 18
  19. 19. INNOVATION CAPABILITIES ASSESSMENT What does the Report look like? Additional detail is provided for each Underlying Capability … … with further details on the opportunities and challenges surrounding each Base Capability. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 19
  20. 20. INNOVATION CAPABILITIES ASSESSMENT How long does it take? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 20
  21. 21. INNOVATION CAPABILITIES ASSESSMENT How long does it take? The full Assessment requires a 3-to-4-hour group interview with the 4 to 6 individuals in your organization with the deepest knowledge of your innovation goals and ongoing initiatives. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 21
  22. 22. INNOVATION CAPABILITIES ASSESSMENT How long does it take? The full Assessment requires a 3-to-4-hour group interview with the 4 to 6 individuals in your organization with the deepest knowledge of your innovation goals and ongoing initiatives. It then takes 4 business days to complete the Innovation Capabilities Report. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 22
  23. 23. INNOVATION CAPABILITIES ASSESSMENT Testers Wanted! 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 23
  24. 24. INNOVATION CAPABILITIES ASSESSMENT Testers Wanted! We are testing a new set of “Mini Assessments” covering these High-Level Innovation Capabilities: 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 24
  25. 25. INNOVATION CAPABILITIES ASSESSMENT Testers Wanted! We are testing a new set of “Mini Assessments” covering these High-Level Innovation Capabilities: FREE “Mini Assessments” are available in June & July 2010 for a limited number of Assessment Testers. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 25
  26. 26. INNOVATION CAPABILITIES ASSESSMENT I’m interested. What do I do? 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 26
  27. 27. INNOVATION CAPABILITIES ASSESSMENT I’m interested. What do I do? Please contact Julian Keith Loren at jkl@innomgmt.com or @jkloren to request an assessment or for additional details. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 27
  28. 28. INNOVATION CAPABILITIES ASSESSMENT I’m interested. What do I do? Please contact Julian Keith Loren at jkl@innomgmt.com or @jkloren to request an assessment or for additional details. Note for Innovation Consultants: This offer can also be extended through your company to your clients. The assessment will be branded as an offering of your consultancy. This is a great opportunity to partner with your clients in the development of a more comprehensive and long- term plan for improving organizational innovation capabilities. 6/9/2010 ©2010, Innovation Management Institute. All Rights Reserved. 28

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