Organizations that are successful at product or service innovation have worked to make this a critical capability within the enterprise. These organizations have recognized that innovation done right can lead to a competitive advantage within their markets. Organizations looking to achieve similar success with innovation often need a starting point.
APQC recently partnered with Stage-Gate International to study how organizations fare on the four drivers of product and service innovation performance that comprise the Innovation Performance FrameworkTM. The infographic below presents the study's finding on the impact of these drivers on innovation performance with regard to sales, profits, and profitability.
For more information on APQC’s joint study with Stage-Gate International on the Innovation Performance FrameworkTM, see the report Innovation Performance: Critical Drivers of Success.
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