Forecasting Innovation

While innovation isn't quite deterministic, you can reverse engineer the size of an innovation portfolio across the various stage-gates necessary to sustain future revenue from new products. This should provide you with insight on the number of new ideas that need to be generated or the number of product trials needed. Visibility into the innovation portfolio and your historical performance is valuable information for managing business success. ...

... "Break these annual revenue targets down over a mix of products, new and existing, in each year. Some firms call this a revenue cascade or revenue waterfall. " ...

Via Innovation in Practice: Mapping Innovation

IT Value EQ Business Value

What is the value of IT? Expressing it in the language of business is essential. Direct tangible impact is the best. However, when tangible financial impact is not obvious, IT professional must connect the dots. ...

... "Everyone on the panel said it makes sense to judge technology projects based on business metrics. Boiled down that means two measurements: Reduced cost and increased revenue. " ...

Via ZDNet: IT Value