Measuring your own Performance

Learn from your mistakes and capture what you have learned 

In addition to organizational targets, it can be useful to monitor your own performance as a manager over the course of an innovation project.  Make sure that you take time to review your projects so that you can improve your performance the next time.  Learn from your mistakes and capture what you have learned in a briefing document so that others in your organization can make use of it.

Systematically compare your products and processes with those of other firms, and meet and share experiences with people in similar roles to yours.  Look beyond your immediate organizational and geographical environment to ensure that you have the widest possible basis for new ideas, and encourage experimentation among your staff.

ACTION POINT: Establish sets of measurable criteria for success to identify how and where you can improve your innovation management.