Are you innovation-ready?
Take the self-check and get your unique innovation readiness assessment.

INNOVATION READINESS CHECK

Corporate Innovation Readiness Check

For established businesses with more than 500 employees

Companies spend millions in innovation efforts with very little results. Consider a Readiness Check before you invest.

  • Do you have the right team composition and people with the right talents?
  • Do you provide enough motivation and education that unfolds ingenuity?
  • Does your team have a strategic direction on who they innovate for and why?
  • Are the processes and innovation methods up to par with top innovators?
  • Do you go beyond experimentation and ensure market readiness?
  • Are you aware of the budget necessities for genuine innovation?

If innovation readiness is ensured, there are countless opportunities to get to groundbreaking innovation.

How the Corporate Innovation Readiness Check works

  • You are representing a corporation with more than 500 employees.
  • You complete the questions in the 12 innovation success relevant topics and submit the form. You will get a confirmation email.
  • Some of our innovation experts will review the results and provide you with a report of the findings and rankings.
  • You may also get a PRO Analysis. In this case, we ask you to still complete the readiness check first. We will review and arrange for an interview date. The interview will be conducted online and may include up to two calls. Thereafter you will receive a complete Innovation Readiness Assessment Report.

You will receive

  • A general statement about general innovation readiness
  • A dedicated heatmap with the most burning areas of improvement
  • An innovation type related report or suggestions related to:
    • Market-Facing Product Innovation
    • Service Innovation
    • Customer Experience Innovation
    • Business Model Innovation
    • Operational Innovation

Note: We use the term “Innovation” as groundbreaking shifts or disruptions that change how users perform work or how an industry segment conducts business. Improvements are not considered innovations.

Start the free Innovation Readiness Check now

It simply helps us to better understand your position

BUSINESS DATA

The Corporate Innovation Readiness Check is designed for larger and well established corporations. For startups and small businesses please contact us.
It's most helpful if we know your business
So we know how to help you best in your country

INNOVATION SPECIFIC INFORMATION


1) CURRENT INNOVATION BASE

Where do you see your company.
YesIn progressNo / not really
Is there a clear innovation mandate from the CEO
Yes
In progress
No / not really
Do you have a formal innovation team
Yes
In progress
No / not really
Do you have a clear demarcation between innovation and improvement?
Yes
In progress
No / not really
Did you created a clear definition what is innovation?
Yes
In progress
No / not really
Do you differentiate between Innovation and R&D?
Yes
In progress
No / not really
How Is your innovation effort relative to your competition improving?

2) INNOVATION LEADERSHIP

Not yetPlanning stageIn developingYes, for 1-3 yearsYes for more than 3 years
Are your C-Level Executives committed to innovation?
Not yet
Planning stage
In developing
Yes, for 1-3 years
Yes for more than 3 years
Is there a career program to recruit Innovation teams?
Not yet
Planning stage
In developing
Yes, for 1-3 years
Yes for more than 3 years
Do you have an innovation culture?
Not yet
Planning stage
In developing
Yes, for 1-3 years
Yes for more than 3 years
Is there a defined skillset innovation teams must have?
Not yet
Planning stage
In developing
Yes, for 1-3 years
Yes for more than 3 years
Do you have direct access to your C-Level executives?
Not yet
Planning stage
In developing
Yes, for 1-3 years
Yes for more than 3 years
Consider it relative to the effort, budgets and results so far.

3) INNOVATION STRATEGY

Not yetPlanning stageIn developmentYes, for 1-3 yearsYes for more than 3 years
Do you have an innovation strategy in place?
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy is available to every department head be
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
Customers / users are part of that strategy
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
Business partners are part of that strategy
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy includes defined target areas of innovation
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy provides budget and time allocations
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy includes motivation and rewards
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy provides guidance for compliance questions i.e. customer involvement
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years
The strategy provides guidance for brand considerations
Not yet
Planning stage
In development
Yes, for 1-3 years
Yes for more than 3 years

4) INNOVATION TEAM COMPOSITION

Qualification, degree of diversity, size
Strongly DisagreeDisagreeNeutralAgreeStrongly Agree
Your innovation team works full-time - has no other tasks
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
The team is dominated by experts and specialist with a few other backgrounds
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Do you involve customers and partners in the innovation process?
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Consider it relative to the needs for true innovation.

5) INNOVATION METHODOLOGY

What methods do you use if any. how successful....
Not for usIn evaluationWe have positive experienceWe had no good experience
No specific methods are used
Not for us
In evaluation
We have positive experience
We had no good experience
We purposely experiment without using any methods
Not for us
In evaluation
We have positive experience
We had no good experience
We developed our own method
Not for us
In evaluation
We have positive experience
We had no good experience
Experience with design thinking, stage-gate, Horizon, TRIZ or others .
Not for us
In evaluation
We have positive experience
We had no good experience

6) MEASURING SUCCESS

Not yetPlanning stageIn developmentAgreeStrongly Agree
Success is when an innovations gets approved and funded
Not yet
Planning stage
In development
Agree
Strongly Agree
Do you use innovation process specific KPIs?
Not yet
Planning stage
In development
Agree
Strongly Agree
Do you track time, budgets and resources?
Not yet
Planning stage
In development
Agree
Strongly Agree
If you track successes, is it easy?
Not yet
Planning stage
In development
Agree
Strongly Agree
Consider it relative to what you think is needed.

7) INNOVATION PHILOSOPHY

What is your current model?
Not interestingExploringPart of our innovation effortOur main innovation effortCurrently not possible
We are scouting ideas
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
We are trying to develop our own ideas
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
Wo don't look for ideas but try to solve big problems
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
We collaborate with Universities to develop ideas
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
We try/do acquire startups
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
We are currently focus on improvement
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
We are determined to develop breakthrough innovations
Not interesting
Exploring
Part of our innovation effort
Our main innovation effort
Currently not possible
Consider it relative to the needs for genuine innovation.

8) CUSTOMER INVOLVEMENT

Are your customers or customer advisory board involved in the innovation effort?
Not yet - N/APlanning stageIn developmentCurrent practicePractice for more than 3 years
Customers are involved in the innovation process
Not yet - N/A
Planning stage
In development
Current practice
Practice for more than 3 years
We have special customer engagement programs
Not yet - N/A
Planning stage
In development
Current practice
Practice for more than 3 years
We have a customer advisory board
Not yet - N/A
Planning stage
In development
Current practice
Practice for more than 3 years
Consider it relative to the needs for genuine innovation.

9) IDEA VALIDATION PROCESS

What methods do you use if any.
Not yetPlaning stageIn developmentCurrent practicePractice for more than 3 years
We involve customers in idea validation
Not yet
Planing stage
In development
Current practice
Practice for more than 3 years
We validate ideas with customers before we even build a prototype
Not yet
Planing stage
In development
Current practice
Practice for more than 3 years
We test and validate ideas primarily internally
Not yet
Planing stage
In development
Current practice
Practice for more than 3 years
Consider it relative to the risk for investment failures and the risk for missing an opportunity?

10) INNOVATION BUDGETING

It's one of the biggest reasons for innovation failure
Current practiceIn developmentNot available - N/A
Budget below $1 Million or not specific
Current practice
In development
Not available - N/A
Ranging from $1 to $10 million
Current practice
In development
Not available - N/A
Ranging up to $100 million
Current practice
In development
Not available - N/A
Can range up to $1 Billion or more
Current practice
In development
Not available - N/A
Budgeting from idea to POC
Current practice
In development
Not available - N/A
Budgeting from idea to market entry
Current practice
In development
Not available - N/A
Budgeting from idea to global scaling
Current practice
In development
Not available - N/A

11) INNOVATION TO MARKET

What methods do you use if any?
Not yet - NAPlanning stageIn developmentCurrent practice
This is not the innovation team's responsibility
Not yet - NA
Planning stage
In development
Current practice
We provide some ideas to the respective sales and marketing groups
Not yet - NA
Planning stage
In development
Current practice
Once a solution is approved, the innovation team takes it to market
Not yet - NA
Planning stage
In development
Current practice

12) INNOVATION RESULTS

Have you delivered any breakthrough innovations so far?
Not our responsibilityworking on itWill soon introduce a first innovationAchieved this stage
None yet
Not our responsibility
working on it
Will soon introduce a first innovation
Achieved this stage
Brought one or more improvements / gradual innovations to market
Not our responsibility
working on it
Will soon introduce a first innovation
Achieved this stage
Created breakthrough innovation and successfully brought it to market.
Not our responsibility
working on it
Will soon introduce a first innovation
Achieved this stage
Disrupted an industry segment
Not our responsibility
working on it
Will soon introduce a first innovation
Achieved this stage
Do not include general improvements in your rating.

Contact

ASSESSMENT OPTIONS

You can always go to the PRO assessment later on.

FREE (Default)

You will get a summary with a rating for each major aspect for free (no credit card needed).

  • You will receive a unique Innovation Readiness Summary for your business.

PRO ANALYSIS

This service provides a more detailed analysis and involves an interview with your head of innovation.

  • Innovation Readiness Assessment Report of approximately 25 to 30 pages.
  • Detailed suggestions for each item – and what to do to achieve 100% readiness
  • Timeline suggestion to complete readiness
  • Suggestions for internal organization alignments
  • Executive summary for your c-level management
  • Peer group comparison
  • Fee: based on organization complexity, starts @ € 4,500