Balanced Scorecard for Innovation Strategy Alignment
Your innovation strategy outlines how your organization plans to be innovative and how you will generate value from innovation. In order to achieve your innovation strategy, you need a plan to translate high-level goals into metrics that are not only measurable but are also aligned with your overall corporate strategy, vision and goals.
This 1-day Innovation Strategy Alignment workshop demonstrates how to use a balanced scorecard for innovation to align your innovation strategy and set the stage for innovation execution. By focusing on four key areas (Inputs, Processes, Outputs and Outcomes), the innovation balanced scorecard helps you identify resources, understand how they will be combined to create new innovation offerings, and how the organization will derive value from specific innovations.
Key Topics
- Why Strategic Alignment is Key to Innovation Program Success
- How Balanced Scorecards Translate Strategic Goals into Executable Targets
- 4 Key Areas of an Innovation Balanced Scorecard
- Making the Case for Innovation Investment with Measurable Metrics
- Next Steps: Moving Forward with Innovation Execution
Course Level
To learn more about Innovation Strategy Alignment, email Innovation 360 or call +971 4 319 7645.
