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Olympic Innovation

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This if++ issue is based on a current theme: the Olympics. In the Olympic events we have humans competing to be the best in terms of the fastest or biggest performance (e.g. fastest runner, swimmer, rower; longest and highest jumps; longest throws . . . ).

Using these as analogies, here is an Olympic score card to monitor and measure the innovative performance in your organisation, your team, and you!

 

Olympic Innovation Score Card

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Use this score card every few months, and plot the results on a graph.
The Olympic Innovation Aim is to keep increasing all of the scores.
The gradient of the graphs indicate how dynamic and innovative your organisation really is.

1 Rate of Ideas Number of new ideas generated.  
2 Rate of New Products Number of new product types/models developed.  
3 Increased Profits The extra profits generated as a result of new products, new services, or new processes to improve effectiveness and efficiency.  
4 Happiness & Fulfilment Ask each employee to rate their level of happiness and fulfilment at work (e.g. scoring between a very unhappy 0 and a perfectly happy 10). Then calculate the total for all members of staff.  

Note that each of the above items, hopefully, impacts on the next. More ideas lead to more products and, if done effectively and efficiently, this leads to increased profits. The organisation can use a proportion of these profits to improve working conditions and support the needs and desires of its staff. The resulting happy and relaxed work force will generate more high quality ideas, which gives more new products, more profits and more happiness, which . . .

 

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Supported by Acro Logic: i2 and ideas
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Olympic Innovation

Olympic Innovation Score Card

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if++ Issue 0404a: Creative Analogy: Quantum Mechanics previous page:
Creative Analogy QM


 
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