Benchmark your innovation performance
Most business leaders agree that in an increasingly competitive global economy, companies that fail to innovate will not survive. But they also recognise that there are various levels of innovation
Most companies will be making incremental changes to their products, services or processes on a regular basis, but moving into new markets, adopting new technologies or changing business models requires significant investment and an understanding of how to mitigate risk.
Self assessment tools
To help you benchmark your company's innovation performance, we have brought together the following tools:
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Self Assessment explores how you manage the process of innovation. We have devised a very simple self assessment questionnaire comprising 30 statements to which we simply ask you to agree, agree strongly, disagree or disagree strongly.
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Innovation Exchange asks if you are innovation proactive, neutral or agnostic? Your attitude to, and proficiency in, managing innovation is key to your success. A recent analysis of over 2000 companies shows that some UK companies are more proactive than others, but that all companies can benefit from focused help and guidance.
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Inspired Leadership enables leaders to be clearer about their most natural leadership styles and strengths so that they can shape their roles and those of their team accordingly.
- Use Value Added as a key component for measuring the financial health of a business. The following leaflet summarises the concept of Value Added and how to use it.
- Our Value Added calculator is simple to use. Once you have calculated your company's score, compare it with others in our Value Added Scoreboard.
