Innovation means so many things to so many people, so first we need to have a common understanding of what innovation is. Dr Richard Byrd from the University of Minnesota in the 1960s and 70s undertook some interesting work (see A Personal Guide to Risk Taking Richard E Byrd, AMACOM 1974), which has been further developed by Dr Jacqueline Byrd from a tool that looks at the innovation capacity of individuals to that of teams and organisations (see The Innovation Equation - Byrd & Brown, … [Read more...] about Innovation Index – measuring the unmeasurable or re-inventing the wheel?
Innovation Index - is it relevant to 99% of businesses? Innovation, we all are being asked to deliver it, but can we agree on what it is? Does it even matter? Politically, many countries and global firms are involved in some form of Global Innovation Index, but does this really tell us what is happening, or who the innovative organisations really are? Produced as a joint venture by The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing … [Read more...] about Innovation Index – Practical & Real?