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Innovation Scorecard Design Process

Ondrej Zizlavsky and Eddie Fisher
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Ondrej Zizlavsky: Brno University of Technology
Eddie Fisher: SKEMA Business School

Chapter 4 in Innovation Scorecard, 2021, pp 17-43 from Springer

Abstract: Abstract Efficient and complex measurement systems are essential and crucial to the success of innovations. It is not enough just to pick a few areas, use random indicators and expect to obtain the information needed for managing innovations. It ends up mostly in a situation where the competent managers are overwhelmed with analysis results that they do not use in their work or that they use in a completely inefficient manner. This approach is time consuming and draining on productivity. It can also lead to inconsistent analyses and incorrect measures. A fundamental rule of innovation management says: “Linking strategy to innovation measurement with a few sharp metrics provides a clear picture of performance.” (Davilla et al., 2013, p. 146).

Date: 2021
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DOI: 10.1007/978-3-030-82688-8_4

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