SlideShare ist ein Scribd-Unternehmen logo
1 von 12
Innovation Audits




         C W Mobbs
         April 2011
What are Innovation
           Audits?
•   They are an in-depth analysis of different
    aspects of an organisation’s current innovation
    capabilities, procedures and
    processes, examining key
    indicators, determining strengths and
    weaknesses;
•   The results of the audit will highlight barriers to
    innovation, as well as identify improvements or
    new methods to maximise innovation
    capabilities.
What are the Benefits of
 Innovation Audits? (1)
•   The audit enhances the company’s innovation
    capability;
•   It identifies opportunities for increasing
    innovation;
•   It clarifies where the organisation needs to focus
    to maximise innovation success;
•   It embeds innovation in the company’s
    processes;
What are the Benefits of
 Innovation Audits? (2)
•   The audit can build on individuals’ creativity to
    be innovative;
•   It can identify and control the barriers that stifle
    creativity and innovation;
•   It fosters innovation in the organisation’s culture;
•   It can align the organisation in common purpose
    and action.
Audit Framework
         • The innovation audit
           framework reviews five
           main areas:

         • Innovation strategy;
         • Idea generation;
         • Selection;
         • Implementation; and
         • Organisation.
Innovation Strategy
           • The innovation strategy
             performs two vital roles:

           1) It provides a direct link
              with the organisation’s
              corporate strategy;

           2) It provides a framework
              and guidance within
              which to direct the
              organisation’s
              innovation efforts.
Idea Generation
         • Ideas are the life-blood
           of any organisation’s
           innovation effort.

         • It is critical that there
           are
           processes, procedures
           and methods in place
           to capture ideas from a
           diverse range of
           sources.
Selection
      • Whilst idea generation
        is critical, knowing
        which projects to
        pursue can make or
        break the innovation
        effort.

      • Resources spent on the
        wrong projects divert
        necessary funds and
        time from those which
        might prove successful.
Implementation
        • By
          definition, innovation
          includes the
          successful, commercial
          exploitation of the idea.

        • As such, making it
          happen defines the
          culmination of the
          whole innovation
          process.
Organisation
       • Successful innovation
         requires more than
         processes. It requires
         the whole organisation
         to have an innovative
         ethos. This includes the
         need to have
         appropriate HR
         practices, an
         appropriate corporate
         structure, real and
         demonstrable top
         management
         support, and a culture
         built around innovation.
Conclusion

•   Innovation audits assist organisations to improve their
    innovation capabilities. Innovation for Growth undertakes
    a desktop audit based on an on-line survey, with a follow
    up report. Alternatively, a more detailed audit can be
    undertaken which uses the on-line survey as the basis for
    a more comprehensive review utilising face-to-face
    interviews.

•   For more information, email Innovation for Growth or see
    our website: www.innovationforgrowth.co.uk
About Innovation for
          Growth
•   Founded in 2010, Innovation for Growth is a business
    consultancy firm that specialises in the provision of advice to
    small and medium sized enterprises. We work with
    companies from all sectors undertaking innovation audits, and
    providing innovation advice so our clients can maximise their
    innovation capabilities and achieve their growth aspirations.

•   We also undertake desktop, business research and
    analysis, enabling our clients to concentrate on running their
    business.

•   For more on our services, please download our Corporate
    Services Document.

•   © 2011 Innovation for Growth

Weitere ähnliche Inhalte

Was ist angesagt?

Innovation Management - 4 - Innovation Culture
Innovation Management - 4 - Innovation CultureInnovation Management - 4 - Innovation Culture
Innovation Management - 4 - Innovation CultureJoseph Ho
 
Innovation process & models
Innovation process & modelsInnovation process & models
Innovation process & modelsVijayKrKhurana
 
IDEO - Case Study Presentation
IDEO - Case Study PresentationIDEO - Case Study Presentation
IDEO - Case Study PresentationNeel Kapoor
 
Strategic Management: Walt Disney Case Study
Strategic Management: Walt Disney Case StudyStrategic Management: Walt Disney Case Study
Strategic Management: Walt Disney Case StudyCallie Unruh
 
Organizational Change Management
Organizational Change ManagementOrganizational Change Management
Organizational Change ManagementMufaddal Nullwala
 
Process innovation & value chain
Process innovation & value chainProcess innovation & value chain
Process innovation & value chaincc85
 
Innovation management
Innovation managementInnovation management
Innovation managementiiciebusiness
 
Employee engagement in Toyota Motor Corporation
Employee engagement in Toyota Motor CorporationEmployee engagement in Toyota Motor Corporation
Employee engagement in Toyota Motor CorporationSinja Raut
 
Innovation Process Management
Innovation Process ManagementInnovation Process Management
Innovation Process ManagementDr. Arturo Perez
 
2016 - 2. Innovation as a core business process.pot
2016 - 2. Innovation as a core business process.pot2016 - 2. Innovation as a core business process.pot
2016 - 2. Innovation as a core business process.potNadia Lushchak
 
Defining Innovation Types.
Defining Innovation Types.Defining Innovation Types.
Defining Innovation Types.Dr. Marc Sniukas
 
Southwest Airlines : Case Study
Southwest Airlines : Case StudySouthwest Airlines : Case Study
Southwest Airlines : Case StudySarang Bhutada
 
Accenture organisational design and structure of formalisation
Accenture organisational design and structure of formalisationAccenture organisational design and structure of formalisation
Accenture organisational design and structure of formalisationVikalp Mehta
 
Innovation management presentation1
Innovation management presentation1Innovation management presentation1
Innovation management presentation1shruthi nair
 

Was ist angesagt? (20)

Innovation Management - 4 - Innovation Culture
Innovation Management - 4 - Innovation CultureInnovation Management - 4 - Innovation Culture
Innovation Management - 4 - Innovation Culture
 
Innovation process & models
Innovation process & modelsInnovation process & models
Innovation process & models
 
IDEO - Case Study Presentation
IDEO - Case Study PresentationIDEO - Case Study Presentation
IDEO - Case Study Presentation
 
Strategic Management: Walt Disney Case Study
Strategic Management: Walt Disney Case StudyStrategic Management: Walt Disney Case Study
Strategic Management: Walt Disney Case Study
 
Creativity & innovation
Creativity & innovationCreativity & innovation
Creativity & innovation
 
Organizational Change Management
Organizational Change ManagementOrganizational Change Management
Organizational Change Management
 
Process innovation & value chain
Process innovation & value chainProcess innovation & value chain
Process innovation & value chain
 
Business model & plan
Business model & planBusiness model & plan
Business model & plan
 
Innovation management
Innovation managementInnovation management
Innovation management
 
Employee engagement in Toyota Motor Corporation
Employee engagement in Toyota Motor CorporationEmployee engagement in Toyota Motor Corporation
Employee engagement in Toyota Motor Corporation
 
Innovation Process Management
Innovation Process ManagementInnovation Process Management
Innovation Process Management
 
2016 - 2. Innovation as a core business process.pot
2016 - 2. Innovation as a core business process.pot2016 - 2. Innovation as a core business process.pot
2016 - 2. Innovation as a core business process.pot
 
Cola wars between Cocacola and Pepsi
Cola wars between Cocacola and PepsiCola wars between Cocacola and Pepsi
Cola wars between Cocacola and Pepsi
 
Defining Innovation Types.
Defining Innovation Types.Defining Innovation Types.
Defining Innovation Types.
 
Southwest Airlines : Case Study
Southwest Airlines : Case StudySouthwest Airlines : Case Study
Southwest Airlines : Case Study
 
Building a STRATEGIC PLAN for an Educational Institution
Building a STRATEGIC PLAN for an Educational InstitutionBuilding a STRATEGIC PLAN for an Educational Institution
Building a STRATEGIC PLAN for an Educational Institution
 
Accenture organisational design and structure of formalisation
Accenture organisational design and structure of formalisationAccenture organisational design and structure of formalisation
Accenture organisational design and structure of formalisation
 
Marketing Innovation
Marketing Innovation Marketing Innovation
Marketing Innovation
 
Innovation management presentation1
Innovation management presentation1Innovation management presentation1
Innovation management presentation1
 
Innovation - Types and Phases
Innovation - Types and PhasesInnovation - Types and Phases
Innovation - Types and Phases
 

Andere mochten auch

Innovation Audit Sony
Innovation Audit Sony Innovation Audit Sony
Innovation Audit Sony SmirithiK
 
Innovative capabilities audit project plan
Innovative capabilities audit project planInnovative capabilities audit project plan
Innovative capabilities audit project planJames Groh, MBA
 
Innovation Assessment & Tools
Innovation Assessment & ToolsInnovation Assessment & Tools
Innovation Assessment & ToolsAnand Subramaniam
 
Innovation Assessment Questionnaire
Innovation Assessment QuestionnaireInnovation Assessment Questionnaire
Innovation Assessment QuestionnaireBoardroom Metrics
 
Innovative assessment methods
Innovative assessment methods Innovative assessment methods
Innovative assessment methods shyamala devi
 
Measurement of corporate innovation
Measurement of corporate innovationMeasurement of corporate innovation
Measurement of corporate innovationSoroosh Ebrahimi
 
Innovation Capabilities Assessment - Introduction
Innovation Capabilities Assessment - IntroductionInnovation Capabilities Assessment - Introduction
Innovation Capabilities Assessment - IntroductionJulian Keith Loren
 
MIS SuperStrategies - The Five Disciplines of Innovation for Internal Audit
MIS SuperStrategies - The Five Disciplines of Innovation for Internal AuditMIS SuperStrategies - The Five Disciplines of Innovation for Internal Audit
MIS SuperStrategies - The Five Disciplines of Innovation for Internal AuditDSamCA
 
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce Stratorg
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce StratorgPRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce Stratorg
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce StratorgOlugbenga Omojola {FSM, MBA}
 
Tech Talk: Measuring Innovation
Tech Talk: Measuring InnovationTech Talk: Measuring Innovation
Tech Talk: Measuring InnovationCA Technologies
 
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112McDonald Stewart
 
Transformational Change Management En
Transformational Change Management EnTransformational Change Management En
Transformational Change Management EnAdam Filler
 
Emmia presentation overview
Emmia presentation overviewEmmia presentation overview
Emmia presentation overviewlkuhr
 
7 Management Tips Straight From Harvard
7 Management Tips Straight From Harvard7 Management Tips Straight From Harvard
7 Management Tips Straight From HarvardJane Marquardt
 

Andere mochten auch (20)

Innovation Audit Sony
Innovation Audit Sony Innovation Audit Sony
Innovation Audit Sony
 
Innovative capabilities audit project plan
Innovative capabilities audit project planInnovative capabilities audit project plan
Innovative capabilities audit project plan
 
Innovation Assessment & Tools
Innovation Assessment & ToolsInnovation Assessment & Tools
Innovation Assessment & Tools
 
Innovation Assessment Questionnaire
Innovation Assessment QuestionnaireInnovation Assessment Questionnaire
Innovation Assessment Questionnaire
 
Innovative assessment methods
Innovative assessment methods Innovative assessment methods
Innovative assessment methods
 
Measurement of corporate innovation
Measurement of corporate innovationMeasurement of corporate innovation
Measurement of corporate innovation
 
Innovation Capabilities Assessment - Introduction
Innovation Capabilities Assessment - IntroductionInnovation Capabilities Assessment - Introduction
Innovation Capabilities Assessment - Introduction
 
Innovation measurement
Innovation measurementInnovation measurement
Innovation measurement
 
Apple Brand Audit
Apple Brand AuditApple Brand Audit
Apple Brand Audit
 
MIS SuperStrategies - The Five Disciplines of Innovation for Internal Audit
MIS SuperStrategies - The Five Disciplines of Innovation for Internal AuditMIS SuperStrategies - The Five Disciplines of Innovation for Internal Audit
MIS SuperStrategies - The Five Disciplines of Innovation for Internal Audit
 
Sub assemblies
Sub assembliesSub assemblies
Sub assemblies
 
Assembly planning
Assembly planningAssembly planning
Assembly planning
 
Play station
Play stationPlay station
Play station
 
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce Stratorg
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce StratorgPRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce Stratorg
PRODUCT LIFE CYCLES AND THE BOSTON (BCG) MATRIX by Workforce Stratorg
 
Tech Talk: Measuring Innovation
Tech Talk: Measuring InnovationTech Talk: Measuring Innovation
Tech Talk: Measuring Innovation
 
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112
PSIS 4145-IS SP2013 Lecture 2 Project Initiation and Management 20130112
 
Transformational Change Management En
Transformational Change Management EnTransformational Change Management En
Transformational Change Management En
 
Management Innovation
Management InnovationManagement Innovation
Management Innovation
 
Emmia presentation overview
Emmia presentation overviewEmmia presentation overview
Emmia presentation overview
 
7 Management Tips Straight From Harvard
7 Management Tips Straight From Harvard7 Management Tips Straight From Harvard
7 Management Tips Straight From Harvard
 

Ähnlich wie Innovation Audit Slides

Corporateentrepreneurship 131023081702-phpapp01
Corporateentrepreneurship 131023081702-phpapp01Corporateentrepreneurship 131023081702-phpapp01
Corporateentrepreneurship 131023081702-phpapp01Fida Waxir
 
2013-03 Creating a Culture of Innovation for Health Plans
2013-03 Creating a Culture of Innovation for Health Plans2013-03 Creating a Culture of Innovation for Health Plans
2013-03 Creating a Culture of Innovation for Health Plansimagine.GO
 
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...Taly Weiss
 
Change Starts Here: Building a Culture of Innovation
Change Starts Here: Building a Culture of InnovationChange Starts Here: Building a Culture of Innovation
Change Starts Here: Building a Culture of InnovationMindjet
 
A holistic approach to Innovation Excellence
A holistic approach to Innovation ExcellenceA holistic approach to Innovation Excellence
A holistic approach to Innovation ExcellenceKienbaum Consultants
 
Maturity models of open innovation 11022014
Maturity models of open innovation 11022014Maturity models of open innovation 11022014
Maturity models of open innovation 11022014Wim Vanhaverbeke
 
Organizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresOrganizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresFelix Zappe
 
Lecture 2 Corporate Entrepreneurship.ppt
Lecture 2 Corporate Entrepreneurship.pptLecture 2 Corporate Entrepreneurship.ppt
Lecture 2 Corporate Entrepreneurship.pptAlfredKirubaRaj2
 
Process and structures for open innovation(ppt)
Process and structures for open innovation(ppt)Process and structures for open innovation(ppt)
Process and structures for open innovation(ppt)InnovationManagement.se
 
Slides seminar innovation manager - final - da
Slides seminar   innovation manager - final - daSlides seminar   innovation manager - final - da
Slides seminar innovation manager - final - daDirk Ameel
 
Presentation on innovation
Presentation on innovationPresentation on innovation
Presentation on innovationDarshitaJain9
 
Apricot Global Research
Apricot Global ResearchApricot Global Research
Apricot Global Researchtahirhamid37
 
Innovation Management Support - Accialini Training & Consulting
Innovation Management Support - Accialini Training & ConsultingInnovation Management Support - Accialini Training & Consulting
Innovation Management Support - Accialini Training & ConsultingNicola Accialini
 
Agile Thinking Model - 2015
Agile Thinking Model - 2015Agile Thinking Model - 2015
Agile Thinking Model - 2015Irene Spitsberg
 

Ähnlich wie Innovation Audit Slides (20)

Innovation management
Innovation managementInnovation management
Innovation management
 
Corporateentrepreneurship 131023081702-phpapp01
Corporateentrepreneurship 131023081702-phpapp01Corporateentrepreneurship 131023081702-phpapp01
Corporateentrepreneurship 131023081702-phpapp01
 
2013-03 Creating a Culture of Innovation for Health Plans
2013-03 Creating a Culture of Innovation for Health Plans2013-03 Creating a Culture of Innovation for Health Plans
2013-03 Creating a Culture of Innovation for Health Plans
 
Venture Path
Venture PathVenture Path
Venture Path
 
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...
Implementing Innovation in Organizations: TrendsSpotting's Innovation Assessm...
 
Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurship
 
Pres 132 craig wirkus august 3 2016
Pres 132 craig wirkus august 3 2016Pres 132 craig wirkus august 3 2016
Pres 132 craig wirkus august 3 2016
 
Change Starts Here: Building a Culture of Innovation
Change Starts Here: Building a Culture of InnovationChange Starts Here: Building a Culture of Innovation
Change Starts Here: Building a Culture of Innovation
 
A holistic approach to Innovation Excellence
A holistic approach to Innovation ExcellenceA holistic approach to Innovation Excellence
A holistic approach to Innovation Excellence
 
Maturity models of open innovation 11022014
Maturity models of open innovation 11022014Maturity models of open innovation 11022014
Maturity models of open innovation 11022014
 
Organizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter MeasuresOrganizational Innovation – Barriers and Counter Measures
Organizational Innovation – Barriers and Counter Measures
 
What is Innovation Management
What is Innovation ManagementWhat is Innovation Management
What is Innovation Management
 
Lecture 2 Corporate Entrepreneurship.ppt
Lecture 2 Corporate Entrepreneurship.pptLecture 2 Corporate Entrepreneurship.ppt
Lecture 2 Corporate Entrepreneurship.ppt
 
Process and structures for open innovation(ppt)
Process and structures for open innovation(ppt)Process and structures for open innovation(ppt)
Process and structures for open innovation(ppt)
 
Slides seminar innovation manager - final - da
Slides seminar   innovation manager - final - daSlides seminar   innovation manager - final - da
Slides seminar innovation manager - final - da
 
Presentation on innovation
Presentation on innovationPresentation on innovation
Presentation on innovation
 
Apricot Global Research
Apricot Global ResearchApricot Global Research
Apricot Global Research
 
Innovation Management Support - Accialini Training & Consulting
Innovation Management Support - Accialini Training & ConsultingInnovation Management Support - Accialini Training & Consulting
Innovation Management Support - Accialini Training & Consulting
 
Drivers of innovation
Drivers of innovationDrivers of innovation
Drivers of innovation
 
Agile Thinking Model - 2015
Agile Thinking Model - 2015Agile Thinking Model - 2015
Agile Thinking Model - 2015
 

Mehr von Chris Mobbs

Mehr von Chris Mobbs (14)

SME Growth in Numbers 2000to2015
SME Growth in Numbers 2000to2015SME Growth in Numbers 2000to2015
SME Growth in Numbers 2000to2015
 
Sme2015
Sme2015Sme2015
Sme2015
 
Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014Ownership of UK Quoted Shares 2014
Ownership of UK Quoted Shares 2014
 
Sme2000to2014
Sme2000to2014Sme2000to2014
Sme2000to2014
 
Sme2014
Sme2014Sme2014
Sme2014
 
Sme2013xtra
Sme2013xtraSme2013xtra
Sme2013xtra
 
Sme2012xtra
Sme2012xtraSme2012xtra
Sme2012xtra
 
Sme2011xtra
Sme2011xtraSme2011xtra
Sme2011xtra
 
Sme2010
Sme2010Sme2010
Sme2010
 
Business research
Business researchBusiness research
Business research
 
What is Innovation
What is InnovationWhat is Innovation
What is Innovation
 
Why is Innovation Important?
Why is Innovation Important?Why is Innovation Important?
Why is Innovation Important?
 
UK SMEs
UK SMEsUK SMEs
UK SMEs
 
Business Research
Business ResearchBusiness Research
Business Research
 

Kürzlich hochgeladen

Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSendBig4
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
Salesforce Education Cloud - A Complete Guide.pdf
Salesforce Education Cloud - A Complete Guide.pdfSalesforce Education Cloud - A Complete Guide.pdf
Salesforce Education Cloud - A Complete Guide.pdfHarryJohnson78
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfJamesConcepcion7
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in PhilippinesDavidSamuel525586
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 

Kürzlich hochgeladen (20)

Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.com
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
Salesforce Education Cloud - A Complete Guide.pdf
Salesforce Education Cloud - A Complete Guide.pdfSalesforce Education Cloud - A Complete Guide.pdf
Salesforce Education Cloud - A Complete Guide.pdf
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdf
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Entrepreneurship lessons in Philippines
Entrepreneurship lessons in  PhilippinesEntrepreneurship lessons in  Philippines
Entrepreneurship lessons in Philippines
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 

Innovation Audit Slides

  • 1. Innovation Audits C W Mobbs April 2011
  • 2. What are Innovation Audits? • They are an in-depth analysis of different aspects of an organisation’s current innovation capabilities, procedures and processes, examining key indicators, determining strengths and weaknesses; • The results of the audit will highlight barriers to innovation, as well as identify improvements or new methods to maximise innovation capabilities.
  • 3. What are the Benefits of Innovation Audits? (1) • The audit enhances the company’s innovation capability; • It identifies opportunities for increasing innovation; • It clarifies where the organisation needs to focus to maximise innovation success; • It embeds innovation in the company’s processes;
  • 4. What are the Benefits of Innovation Audits? (2) • The audit can build on individuals’ creativity to be innovative; • It can identify and control the barriers that stifle creativity and innovation; • It fosters innovation in the organisation’s culture; • It can align the organisation in common purpose and action.
  • 5. Audit Framework • The innovation audit framework reviews five main areas: • Innovation strategy; • Idea generation; • Selection; • Implementation; and • Organisation.
  • 6. Innovation Strategy • The innovation strategy performs two vital roles: 1) It provides a direct link with the organisation’s corporate strategy; 2) It provides a framework and guidance within which to direct the organisation’s innovation efforts.
  • 7. Idea Generation • Ideas are the life-blood of any organisation’s innovation effort. • It is critical that there are processes, procedures and methods in place to capture ideas from a diverse range of sources.
  • 8. Selection • Whilst idea generation is critical, knowing which projects to pursue can make or break the innovation effort. • Resources spent on the wrong projects divert necessary funds and time from those which might prove successful.
  • 9. Implementation • By definition, innovation includes the successful, commercial exploitation of the idea. • As such, making it happen defines the culmination of the whole innovation process.
  • 10. Organisation • Successful innovation requires more than processes. It requires the whole organisation to have an innovative ethos. This includes the need to have appropriate HR practices, an appropriate corporate structure, real and demonstrable top management support, and a culture built around innovation.
  • 11. Conclusion • Innovation audits assist organisations to improve their innovation capabilities. Innovation for Growth undertakes a desktop audit based on an on-line survey, with a follow up report. Alternatively, a more detailed audit can be undertaken which uses the on-line survey as the basis for a more comprehensive review utilising face-to-face interviews. • For more information, email Innovation for Growth or see our website: www.innovationforgrowth.co.uk
  • 12. About Innovation for Growth • Founded in 2010, Innovation for Growth is a business consultancy firm that specialises in the provision of advice to small and medium sized enterprises. We work with companies from all sectors undertaking innovation audits, and providing innovation advice so our clients can maximise their innovation capabilities and achieve their growth aspirations. • We also undertake desktop, business research and analysis, enabling our clients to concentrate on running their business. • For more on our services, please download our Corporate Services Document. • © 2011 Innovation for Growth