Ability to Innovate is one of the four key value areas of Evidence‑Based Management that gauges organizational capability in terms of innovation. It is composed of a group of measures that assess how effectively an organization generates, implements, and sustains innovative solutions. Rather than a single metric, this group may include indicators like the frequency of experiments, innovation throughput, and learning cycles, offering a broad view of the organization’s capacity to innovate.
Ability to Innovate refers to an organisation’s capacity to generate, implement, and sustain innovative solutions effectively. This concept is crucial as it directly influences how teams can deliver value predictably and sustainably. By fostering a culture that prioritises innovation, organisations can adapt to changing market demands and customer needs, ensuring they remain competitive.
The Ability to Innovate encompasses various measures, such as the frequency of experiments, innovation throughput, and learning cycles. These indicators provide a comprehensive view of an organisation’s innovation capabilities, highlighting not just the outcomes but also the processes that enable creativity and experimentation. Unlike other concepts that may focus on specific methodologies or frameworks, the Ability to Innovate is systemic, emphasising long-term growth and adaptability.
This concept encourages a mindset where failure is seen as a learning opportunity, promoting psychological safety and collaboration among teams. By embedding innovation into the organisational culture, teams are empowered to explore new ideas and solutions, ultimately leading to enhanced customer satisfaction and business agility. The focus on continuous improvement and experimentation ensures that innovation is not a one-off event but a sustained effort that drives value over time, making it a cornerstone of modern product development.
If you've made it this far, it's worth connecting with our principal consultant and coach, Martin Hinshelwood, for a 30-minute 'ask me anything' call.
We partner with businesses across diverse industries, including finance, insurance, healthcare, pharmaceuticals, technology, engineering, transportation, hospitality, entertainment, legal, government, and military sectors.
Freadom
ALS Life Sciences
Philips
DFDS
Slaughter and May
CR2
Sage
Boeing
Emerson Process Management
Qualco
Schlumberger
Boxit Document Solutions
Kongsberg Maritime
SuperControl
Hubtel Ghana
Slicedbread
Healthgrades
Bistech
Nottingham County Council
New Hampshire Supreme Court
Washington Department of Transport
Ghana Police Service
Department of Work and Pensions (UK)
Washington Department of Enterprise Services
Big Data for Humans
Illumina
Deliotte
Graham & Brown
Cognizant Microsoft Business Group (MBG)
ProgramUtvikling