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ISO 56002 Innovation Management Unit 9: Performance Evaluation and Monitoring

In stock
1 Hour
Unit overview

This unit will discuss the factors involved in creating innovation portfolios, assessing individual innovation processes within the portfolio and assessing balances of risk and return at various levels of novelty and time. It will also explore the management of intellectual property and the balancing of costs and risks against the rewards of ownership.

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Further Information
More Information
Level Professional
Partner Details

Eicorn is a global consultancy based in Sweden and the UK. Eicorn is on a mission to redefine innovation thinking and practice. It is pioneering evidence-based innovation practices to build world-class innovation capabilities for big corporations. Eicorn helps companies by creating and realising unique and defendable future revenue-streams. The vehicles to future revenues that Eicorn helps establish are called innovation programs. Such innovation programs can be:

  • An innovation department within a company.
  • An ambidextrous organisational design (usually a semi-autonomous innovation-arm of the firm).
  • A corporate incubator or accelerator for internal or external ideas.
  • A shared innovation hub with industry peers, academia or other partners.
  • A co-creation program with clients, suppliers, students or start-ups.
  • A corporate venture investment program (investing in start-ups).

The course writers are:

David JW Bailey - is a chartered accountant and innovation consultant with over 20 years’ experience in SME technology enabled businesses at the cutting edge of digital media and software development. David has been “fast building” innovation centric SME business for the last 10 years with founding teams. He brings a deep focus on the interaction of innovation processes with financial resources and outcomes.

Jenny Hammarberg - is the CEO at Eicorn with more than a decade of experience as a Management Consultant. She has great experience from establishing and developing innovation management programs, strategy, business development and change management. Jenny’s primarily expertise lies within the areas of leading corporate transformation, and especially the type driven by innovation.

Daniel Borg - is Head of Scientific Process at Eicorn with several years of experience in management consulting and from building and leading complex innovation programs. He is responsible for the development of Eicorn's evidence-based framework for world class innovation, a framework that has been proven to make innovation work in the corporate context. Daniels primary expertise is how to build ambidextrous organisations and complex decision-making.

Type Unit
What you will learn
• Understand how to measure and evaluate performance of the innovation management system.
• Understand the difference between leading and lagging metrics and why it matters.
• Understand what internal audit means in the context of ISO 56002.
• Understand the process of management review as it applies to the innovation management system.
Who should learn
The course is written to be of most use to managers who have a direct role in innovation and in improving the systems and management of innovation in their organisation and who have an interest in increasing the benefits gained from innovation.

The course will be of benefit to anyone in any organisation at any scale, whether public or private, that wishes to establish, implement, maintain, and continually improve an innovation management system for any service, product, method, technology or design.