Any organization developing a new product or service wants to ensure that it gets a successful and profitable project in return for its investment. But what kind of success rate and profit amount should organizations aim for? APQC recently partnered with Stage-Gate International to study how leading organizations perform on their innovation projects.
The infographic below shows how projects at the top-, average-, and bottom-performing organizations identified in the study performed with regard to success rate and profits.
For more information on APQC’s joint study with Stage-Gate International, see the report Innovation Performance: Critical Drivers of Success.
Follow me on Twitter: @BP_SupplyChain
