An innovation matrix is a way to visualize the different aspects of where a company stands in its ability to create a new product or service. The matrix is comprised of two dimensions: competence (i.e., the ability within the company to come up with and execute an innovation) and commitment (i.e., how important innovation is in the organization). Organizations can use this tool to determine what category they fall into and what changes need to be made to ready themselves for innovation.

1. Innovation
Matrix
Template
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Innovation Best Practices

2. An innovation matrix is a way to visualize the different aspects of where a company stands in its
ability to create a new product or service. The matrix is comprised of two dimensions: competence
(i.e., the ability within the company to come up with and execute an innovation) and commitment
(i.e., how important innovation is in the organization). Organizations can use this tool to determine
what category they fall into and what changes need to be made to ready themselves for
innovation.
The two dimensions of the Innovation Matrix create 9 different classifications:
1. No innovation capacity
2. Thinking about innovation
3. Talk but no action
4. Unintentional innovation
5. Average at everything
6. Potential stars
7. Effortless innovators
8. Unconscious stars
9. World class innovators
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Innovation Matrix Template

3. Want more tools and templates? Visit https://upboard.io/
Innovation Matrix Template
Low Dimension #1, Low Dimension #2
Write company characteristics in the box that reflects the relevant category
Effortless Innovators
•
Unconscious Stars
•
World Class Innovators
•
Unintentional Innovators
•
Average at Everything
•
Potential Stars
•
No Innovation Capacity Thinking about Innovation
•
Talk but no Action
•
Competence
Low
High
CommitmentLow High

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