Last year I saw Alexander Osterwalder, the originator of the Business Model Canvas (BMC ) speak in Berlin about his upcoming book on measuring innovation. He has ideas worth considering, and, I believe his model can be expanded upon for corporate intrapreneurs.
An approach to measuring innovation
Measuring innovation is a tricky business. Most corporate innovators know how deadly the demand for ROI can be for early stage innovations. The key seems to be, to have the right KPIs at the right stage of the process.
Osterwalder picked up on the topic of the ambidextrous organization first introduced by Robert Duncan in 1976. Describing a corporate portfolio between exploration and exploitation he suggests that for exploration the primary metrics should be focused on reducing innovation risk.
Using the gold standard of Desirability, Viability, Feasibility first introduced by IDEO (ww