Our Innovation Benchmarking Report 2015, produced in collaboration with Innosight, is a 40-page study of the current state of corporate innovation.
Survey Approach
- 25 questions, crafted with input from innovation executives, Innovation Leader, and Innosight
- 197 qualified responses in Q4 2014, all from corporate innovation executives (including R&D, strategy, new product development, IT, Chief Digital Officers)
- Largest respondent clusters: Consumer products, technology, healthcare, insurance
- 43.8% large companies (>$10B rev), 34.6% medium, 21.6% small (<$1b revenue)
What Else is Inside?
- Why do projects get killed?
- Who does the program report to?
- Budget size; amount spent at various stages of development; “cost to kill”
- Structure: Distributed vs. centralized
- # of ideas you’re collecting per year
- # of projects in various stages of development
- Speed of development
- Team size at various stages of development
- What percentage of employees receive innovation training
- What tools are companies using most often (crowdsourcing, rapid prototyping, etc.)?
Sample Data
The majority of innovation initiatives are trying to spur both incremental innovation & transformational innovation.
Table of Contents
Introduction
Welcome 2
About the Data 4
Program Structure
Program Structure 6
Program Focus 8
Reporting Structure 10
Team Size 12
Innovation Budgets 14
Innovation Tools 16
Maturity 18
Innovation Projects
Project Volume 20
Time in Each Stage 22
Advancing Projects 23
Budgets & Stafng per Project 24
Staff Training 26
Volume of Ideas 28
Source of Ideas 30
Measurement & Analysis
Metrics Used 31
Cost, Time to Kill Projects 34
Why are Projects Killed? 36
Who is Killing Projects? 37
Conclusion 38
Document Download
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