Innovation Balanced Scorecard: Project Profitability ...

Balanced scorecard approach to measuring success in innovation, with outcome metrics such as project profitability ...

Innovation Balanced Scorecard: Project Profitability: Via Innovation Weblog : Metrics: A balanced scorecard for innovation

... "... outcomes describe value creation. These measures capture how the innovation effort has translated the outputs into value for the company and the net amount of the value contribution. Often, this is calculated by way of a financial measurement called residual income (profits - capital employed x cost of capital). Key outcome metrics include project profitability (estimated value generated during the life cycle compared to similar projects or expectations) ... " ...

Additional resource on measuring innovation success is the Oslo manual ...

... "The Oslo Manual (pdf) is the foremost international source of guidelines for the collection and use of data on innovation activities in industry. " ...