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Throughout history, Innovative Minds have paved the way for others to achieve far beyond what was possible at the time.

Peter Drucker

Father of KPI and the dashboards that track them. A major inspiration for the KPI Framework that we have today.

Nov. 19, 1909 – Nov. 11 2005 (aged 95)


Management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.


Henry Laurence Gantt Medal (1959)
Austrian Cross of Honour for Science and Art, 1st class (1991)
Presidential Medal of Freedom (2002)

In 2005, Peter Drucker was celebrated by BusinessWeek magazine as “the man who invented management.” Drucker spent his career advising management within a variety of companies, nonprofits, and government agencies. His life work was not motivated by success in business but rather in trying to create what he termed “a functioning society.”

Born in Vienna, Austria, Peter Drucker, began his formal consulting practice where he worked with major institutions like Sears, Roebuck, and IBM. Peter Drucker could be considered the father of KPI and the dashboards that track them. Drucker spent his life exploring the way human beings organized themselves and how they interact. As a writer, professor, management consultant, and self-described “social ecologist,” he contributed a lot to society and how businesses are managed today. He said “A strategy without metrics is just a wish. And metrics that are not aligned with strategic objectives are a waste of time.” Not until the late 1990s did his concepts associated with key performance indicators (KPI) and the introduction of Robert S. Kaplan and David P. Norton’s Balanced Scorecard really allow for KPI Dashboards to become popular. Today, the use of dashboards has become an important part of business success and management decisions.

More in Peter Drucker: https://www.drucker.institute/perspective/about-peter-drucker/
Life of Peter Drucker: https://en.wikipedia.org/wiki/Peter_Drucker

Peter Drucker Quote

From KPIs to a KPI-Framework

BlueCallom KPI-Framework

Making Innovation Success Predictable

To manage innovation, its success potential, and make educated decisions on innovation finance, executives need even more profound data compared to known and tried procedures. Genuine innovation consumes a significant amount of capital with initially no way of knowing the outcome, most innovation attempts will die before they could start.

The complexity of the innovation process of typically 3 to 5 years requires unique strategies and tactics. The BlueCallom experts decided to break one important rule about KPIs: Don’t use more than 10 otherwise it will be too confusing. But to build a predictive model thousands of data points needed to be considered and funneled into roughly 300 KPIs. Yet, this is indeed not what KPIs were created for in the first place.

A new KPI-Framework was the solution. Without Drucker’s work, this would have been impossible. Approximately 20,000 data points feed information in real-time into this KPI framework that consists of 7 classes of KPIs and a total of 340 individual performance indicators. The result is what is known as the “mother of KPIs”: a single KPI: The Innovation Success Indicator. This one KPI indicated the probability of success for innovation in the making. Today all this is possible thanks to AI and its powerful algorithms to predict an outcome with impressive accuracy. Obviously, there is always a remaining risk, and even that is part of the algorithm we developed.

Further developing a groundbreaking invention

The whole idea of a KPI-Framework is a new concept. Early tests already showed impressive results in daily innovation management. This is a major breakthrough in innovation management, predictability, and educated decision-making. You can learn more of the current progress and development of the BlueCallom Innovation KPI-Framework here: