metric – Page 2 – BusinessInnovationManagement.com

Output Metrics that Drive New Product Success at the Strategic Business Unit Level

ProfitabilityProfitability Relative to SpendingFinancial returnNew sales ratioCost savings ratioR&D YieldR&D ReturnProfit ImpactFinancial returnGross Profit MarginMeeting Sales ObjectivesStrategic alignmentMeeting Profit ObjectivesStrategic alignmentFinancial returnProfitability versus CompetitorsComparative manufacturing costGross Profit MarginOverall SuccessCustomer satisfactionExternalInternalProduct quality and reliabilityMarket shareResponse time to competitors moves Impact on Business UnitSuccess RateEfficiency of internal technical processesTechnology transfer to manufacturingPercentage of Sales by [...]

pgermeraad2021-01-05T12:11:04-08:00

Output Metrics Based Upon Merrifield Criteria for Business Success

The statistics for R&D success are less than encouraging. Perhaps one of 20 programs that start out in the laboratory ever produces a positive cash flow, and the average time required from the idea stage to commercialization for major programs is seven to ten years. This is too long -- the need may [...]

pgermeraad2021-01-05T12:10:40-08:00

Output Metrics for Overall Process Efficiency

Use of project milestonesCycle timeDelayed Stage killsCost versus budgetEfficiency of internal technical processesUse of cross functional teamsFor overall process effectiveness see Value Creation metrics How to select successful R&D projects based upon R&D Financial RegimesThe management funding decisions for R&D are usually guided by one or another of two prevailing viewpoints: 1. R&D [...]

pgermeraad2021-01-05T12:10:09-08:00

Output Metrics for Stage and Decision Gate as well as Agile / Lean Processes

Metrics assessing the efficiency of the Stage I processCycle timeMarket cycle timeProject management cycle timeQuality of personnelInternal customer ratingExternal customer ratingExternal recognitionPublished worksMilestones achieved Metrics assessing the efficiency of the Stage II processCycle timeMarket cycle timeProject management cycle timeQuality of personnelInternal customer ratingExternal customer ratingExternal recognitionMilestones achieved Metrics assessing the efficiency of the [...]

pgermeraad2021-01-05T12:09:19-08:00

Output Metrics for Decision Gates and Stage Processes of the Stage Gate Model

The following sections describe the decision gates and stage processes shown in the stage gate model. Underlined terms link to appropriate metrics for the gate or process under discussion. 4. Description of the Major Sub-process Divisions in the Innovation Process ModelAs noted in the introduction to the process model, the division of the [...]

pgermeraad2021-01-05T12:07:20-08:00

Output Metrics for the Stage Gate Innovation Process

3. Overall Description of the Stage Gate Model for the Innovation Process Used in this Metrics GuideThere are a number of possible representations of the corporate innovation process. One simple yet fairly effective representation is the so-called "stage gate model". The model in Stage Gate divides the overall innovation process into four stages, [...]

pgermeraad2021-01-05T12:06:05-08:00

Output Metrics Relevant to the Choice of Innovation Process Model

2. Relevance of Innovation Process Model to Metric ChoiceOften stakeholders in the innovation process -- R&D management, financial management, and corporate officers -- need to utilize metrics which supply specific decision support information about corporate capabilities in innovation. These metrics are overall, or outcome metrics, which provide a grade or rating of the [...]

pgermeraad2021-01-05T12:05:09-08:00

Output Metrics for the Stage Gate Innovation Model

1. Definition of the Innovation ProcessThe term "innovation process" refers to the overall process in a company for conceiving and developing ideas and concepts into profitable products and processes for the company business(es). It is one of the 5 to 7 overall high- level business processes within the corporation,(e.g., Hammer) . In order [...]

pgermeraad2021-01-05T12:03:01-08:00

Output Metrics Relevant to Annual Reports

FinancialTotal assets ($)Total assets/employee ($)Revenues/total assets (%)Profits/total assets (%)Revenues resulting from new business operations ($)Profits resulting from new business operations ($)Revenues/employee ($)Customer time/employee attendance (%)Profits/employee ($)Lost business revenues compared to market average (%)Revenues from new customers/total revenues (%)Market value ($)Return on net asset value (%)Return on net assets resulting from new business operations [...]

pgermeraad2021-01-05T12:02:19-08:00

Output Metrics Relevant to Typical Business Stakeholders

CEO and Board of DirectorsStrategic alignmentFinancial returnProjected value of the R&D pipelineCycle timeProduct quality and reliabilityMarket shareCore technical competencyTechnology planningIntellectual property management CTO and Technical Managers (Complete Listing)Strategic alignmentFinancial returnProjected value of the R&D pipelineUse of project milestoneCycle timeProduct quality and reliabilityUse of cross-functional teamsInformation technology use in R&DGate effectivenessDefects reportedCore technical competencyDelayed [...]

pgermeraad2021-01-05T12:02:11-08:00