Innovation Audit - 1035 Words

o i solutions limited Innovation Audit See the gaps in your innovation and develop plans for new products, services, processes and cost savings. Below is a summary of the Audit we recommend and can conduct. The full Audit varies dependent upon the organisation. Key Issues There are hard and soft factors that will determine how innovative an organisation is. Those key factors: †¢ CEO and Board Commitment †¢ A Learning Organisation ie being open, adaptive and forward thinking †¢ A culture that encourages innovation †¢ It has an Innovation Management Process †¢ It has Integrated Marketing The term audit is recognised in finance, business and marketing. Marketing audit is the review that takes place in the Marketing Plan. The Innovation Audit has†¦show more content†¦Can you quantify hours / days devoted to innovation ideally in terms of: o New product development o Cost saving innovation o Process improvement Will I.T. be a help or hindrance? Mixed role teams may be required – Belbin issues †¢ †¢ Styles †¢ †¢ †¢ †¢ †¢ Does the company use any form of psychometric assessment or other tools? Are these applied to ensure appropriate use of individuals for innovation roles e.g. o RD analytical functions o Marketing research and analytical functions o Marketing product management o Marketing and sales creative roles o HR analytical roles o HR people management and training issues NB these examples are inevitably general in description, contact us for more detail Is multi-skilling prevalent? Is leadership impressive? Is empowerment encouraged? Shared Values o i solutions limited Durrant House, 10 Western Road, Branksome Park, Poole, Dorset BH13 7BW T: 01202 706975 F: 01202 706976 E: info@oisolutions.co.uk www.oisolutions.co.uk Registered in England Number 5338387 o i solutions limited †¢ †¢ †¢ †¢ †¢ †¢ Is there a published Vision statement? Any mention of innovation or similar? A mission statement? Any mention of innovation or similar? Is there a discernable culture? Any mention of innovation or similar? Is there a reward system and is it tied in to the appraisal system? Are employees market focused? Is there a positive attitude? If each director was asked to describe the culture in a paragraph independently would theyShow MoreRelatedInnovative Technologies And Software For Higher Education System And Evaluation Of Its Effectiveness And Upgrading The Quality Of Education1144 Words   |  5 Pagessystem and evaluation of its effectiveness and upgrading the quality of education. This study is basically focused to help higher education institutions understand how IT governance impacts technology innovation and to identify the key factors that can lead to an IT governance process that supports innovation. It is almost similar to my topic in which I am going to evaluate the innovative software which can upgrade the level of services and its accountability by the government. 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