How do you measure innovation?

The indicators of success aren’t necessarily monetary.

Looking at innovation through a strictly financial lens can make an entrepreneur shortsighted. There are innovations that are not immediately visible on a balance sheet, but yield strong returns over time such as faster time-to-market, talent acquisition, brand visibility, risk management, and patents. Do some digging and find the tucked-away indicators in your business to get an accurate measurement of where you lag and where you lead.

How do you measure innovation?.

 

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