Business Metrics are important for any business, as metrics motivate employees to do the right thing for the business. Also, metrics help in understanding current business performance and in continuous improvement.
Senior leaders often question the need for separate metrics for innovation projects and established business. They measure both new innovation projects and established businesses using the same metrics. This approach will choke innovation and will lead to more sustaining improvements, and not disruptive innovations. In this blog I highlight the need for separate new innovation metrics. more