LearnHub getAbstract
How to Assess and Measure Business Innovation
Book

How to Assess and Measure Business Innovation

Magnus Penker, Sten Jacobson and Peter Junermark
CreateSpace, 2017
Buy the book

Read, Listen, or Discuss

Amazon Kindle  Discuss
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×

Editorial Rating

7

getAbstract Rating

  • Analytical
  • Well Structured
  • Overview

Recommendation

The members of the Innovation 360 Group consulting firm, Magnus Penker, Peter Junermark and Sten Jacobson, analyzed more than 1,000 companies in more than 60 countries to build an extensive database on innovation. They examine their respondents’ insights on how – and why – innovation projects prosper or fail. They use charts, lists and illustrations to organize their discussion of the tools available to you for measuring and managing innovation. Their analysis of the nature of innovation may challenge the uninitiated, but their data and suggestions are clear. getAbstract recommends this thoughtful, research-based work to all executives who manage innovation projects.

Summary

The Fourth Industrial Revolution

As rapid, global forces drive ongoing change, a company’s past track record has little explanatory value in projecting its future. Today’s Fourth Industrial Revolution radically alters how business, society and culture function. Yet, this new paradigm offers vast opportunities to those who understand its fundamental nature: constant, evolving change.

The First Industrial Revolution replaced human muscle with mechanical energy. The Second Industrial Revolution saw the advent of electrical energy and tremendous growth in the scale of production. In the Third Industrial Revolution, computers and other automated systems came to control production. The 21st century has ushered in the Fourth Industrial Revolution. Now, researchers and scientists are merging the pivotal characteristics of previous industrial revolutions. For instance, they are combining electrically powered and computer-controlled machines with “biological systems.” No one yet knows what these advances and many others may ultimately produce.

How Companies Innovate

The “InnoSurvey,” which questioned more than 1,000 companies in...

About the Authors

Magnus Penker is an authority on innovation and digitization. Peter Junermark, an acclaimed trainer, has worked with several leading global brands. Sten Jacobson is a management consultant. Together, they make up the Innovation 360 Group consulting firm.

Comment on this summary

More on this topic

By the same authors

Play Bold
Book

Magnus Penker

Play Bold

How to Win the Business Game through Creative Destruction

    Learners who read this summary also read

    Stoking Your Innovation Bonfire
    Book

    Braden Kelley

    Stoking Your Innovation Bonfire

    A Roadmap to a Sustainable Culture of Ingenuity and Purpose
    Mapping Innovation
    Book

    Greg Satell

    Mapping Innovation

    A Playbook for Navigating a Disruptive Age
    Making Innovation Work
    Book

    Tony Davila et al.

    Making Innovation Work

    How to Manage It, Measure It, and Profit From It
    The Innovative Leader
    Book

    Stephen Wunker et al.

    The Innovative Leader

    Step-By-Step Lessons from Top Innovators for You and Your Organization
    Innovation
    Review

    Curtis R. Carlson and William W. Wilmot

    Innovation

    The Five Disciplines for Creating What Customers Want
    Leading For Innovation And Organizing For Results
    Book

    Iain Somerville et al.

    Leading For Innovation And Organizing For Results

      Related Skills

      Karriere voranbringen
      Anpassungsfähigkeit steigern
      Start-up aufbauen
      Karriere
      Wirksam kommunizieren
      Businessplan entwickeln
      Unternehmen entwickeln
      Digitale Transformation
      Bildungssektor
      Sportbranche
      Tech-Branche
      Zukunft der Arbeit
      Drive AI Transformation
      Digitales Marketing betreiben
      Enable Digital Organization
      Employee Experience verbessern
      Entrepreneurship
      Execute Digital Operations
      Personalwesen
      Ethisch führen
      Strategisch führen
      Sich selbst führen
      Change managen
      Unternehmenskommunikation managen
      Manage Learning and Development
      Kundenbeziehungen managen
      Markt-Insights nach Branchen
      Marketing
      Navigate Leadership Challenges
      Persönliche Entwicklung
      Strategisch planen
      Vertrieb
      Soft Skills
      Nachhaltigkeit
      Organisationen verstehen
      Berufliche Kompetenzen
      Diskussionen moderieren
      Unternehmensperformance steigern
      Servant Leadership praktizieren
      Lernkultur schaffen
      Unternehmens-Purpose kommunizieren
      Nachhaltig innovieren
      Choose AI Priorities
      Sich selbst verstehen
      AI Transformation
      Als Gründer erfolgreich sein
      Sportbranche Best Practices
      Kontinuierliche Verbesserung vorantreiben
      Intellektuelles Kapital managen
      Ideen auswählen
      Geschäftsmodelle entwerfen
      Neugierig sein
      Psychologische Sicherheit fördern
      Tech-Branche Best Practices
      Drive Team Performance
      Zusammenarbeit meistern
      Annahmen hinterfragen
      Eigenverantwortung fördern
      Fragen stellen
      Management
      Ambidextrie nutzen
      Führungswirkung steuern
      Divergent denken
      Nachfrage erzeugen
      Teams und Abteilungen managen
      Bildungssektor Best Practices
      Geschäftsmodelle verstehen
      Ideen entwickeln
      Build Digital Culture
      Start-ups Fallstudien
      Innovationskultur fördern
      Offene Kommunikation fördern
      Produktinnovation managen
      Führungsansätze verstehen
      Inklusiv führen
      Executive Leadership
      Purpose, Vision und Mission definieren
      Employee Engagement steigern
      Foster Team Culture
      Kundenbedürfnisse erkennen
      Durch Change führen
      Funktionsübergreifend zusammenarbeiten
      Innovative Produkte entwickeln
      Open Innovation anwenden
      Innovation verstehen
      Intrapreneurship betreiben
      Kunden binden
      Manage People and Talent
      Leverage AI for Customer Experience
      Strengthen Team Collaboration
      Innovation organisieren
      Innovation
      Wandel von unten anstoßen
      Kreativität verstehen
      Kundenorientierung fördern
      Führung
      Unternehmenskultur beeinflussen
      Practice Transformational Leadership
      Kreativ sein
      Neue Ideen vorantreiben
      Kundenfeedback umsetzen
      Value Proposition erstellen
      Innovation Fallstudien
      Neue Führungsansätze
      Kreativität fördern
      Customer Experience verbessern
      Strategisch innovieren
      Kreativ zusammenarbeiten
      Experimentieren fördern
      Ideenfindung moderieren
      Unternehmenskultur verstehen