Innovation Assessment

Company Name: Date:

_______________ __________

1. Analysis of the company's current innovation strategy:

 Review your company’s mission and goals, as well as its current innovation
processes, structures, and resources. Interview the key stakeholders and create
an evaluation of the company’s innovation track record.
2. Evaluation of the company's innovation culture:
 Analyzing your company's leadership, communication channels, and incentives
to determine how well the company fosters a culture of innovation. Perform
employee surveys or focus groups to gather insights into the company's
innovation culture and identify areas for improvement.
3. Assessment of the company's innovation capabilities:
 Evaluate your company's ability to generate and execute new ideas, including its
ideation process, prototyping, and testing capabilities, and speed to market.
Evaluate the company's ability to leverage emerging technologies and trends to
drive innovation.
4. Evaluate the company's innovation capabilities:
 Analyze the company's ability to generate and execute new ideas. Evaluate how
effectively the company's innovation processes are aligned with its business
goals.
5. Develop recommendations:
 Based on the assessment results, develop recommendations to address any gaps
and improve innovation processes. Provide a roadmap that outlines specific
actions the company can take to achieve its innovation goals.
6. Implement and monitor progress:
 Implement the recommended actions and monitor progress to ensure that the
company is making progress toward its innovation goals. Regularly assess and
update the innovation strategy and processes to ensure that they remain
effective and relevant.