A Global Rating System for Innovation Management
The InnovationIQ score is an international rating system that measures how well prepared a business is to manage innovation across their organization. This certification signals that an organization is developing its capacity for innovative action, and actively working to align these efforts with key initiatives and organizational capabilities. It certifies to partners, investors, and key stakeholders that:
• Innovation is managed intelligently across the three horizons of business development, answering the needs of today while preparing for the future
• Leadership is adequately prepared to address the unique demands of an innovative culture, and need gaps are being filled
• Overall strategy is aligned with leadership, core capabilities and culture
An Advanced Innovation Analytics
Ranking progress on a 100-point scale, balancing 92 critical benchmarks, the InnovationIQ score indicates how likely it is for an organization to effectively innovate in specified fields and to successfully manage innovation projects for sustainable growth and profits.
Organizations of all sizes are able to use the InnovationIQ score and certification to measure, track and enhance their innovative capabilities.
A 360 Degree Analysis of the Innovation Quotient
The 360 approach evaluates innovation initiatives not on their own merits alone, but also in relation to the organization’s core competencies. Great ideas must have adequate resource support and excellence in execution in order to produce value in global markets.
The 92 benchmarks were derived from the InnoSurvey®, the world’s largest database of innovation projects and their results. Analysis of patterns indicate factors that correlate closely with successful innovations.
This scientific methodology was developed by internationally renowned business leader and innovation expert Magnus Penker. He developed his methodology by gathering data on thousands of companies across the world. Built on advanced correlation analysis powered by AI, the framework yields cutting edge insights into the nature of innovation, and the conditions in which it can thrive.
A Practical Tool for Enhanced Performance and Results
The InnovationIQ certification lays out a roadmap for improvement with easy-to-read metrics, promotes innovation capabilities that improve financial performance, solidifies an organization’s reputation as an innovator and enhances brand recognition in competitive markets. It standardizes innovation management and establishes a measurable innovation standard.
Know What’s Working
Assess and benchmark your organization against the world’s most successful companies. Our data identifies opportunity areas and provides a roadmap for how to improve – all in metrics that are easy to understand.
Increase Your Profit & Growth
Aligned innovation capabilities means a financial advantage in a competitive marketplace
Earn Recognition
Innovation IQ certification tells investors, candidates, partners, and vendors that you’re a safe bet.
Grow Your Brand
Brand yourself as an organization of continuous progress and development. Our certification program gives you the marketing resources to build brand recognition and the actionable insights to drive real business results.