New Research Examines Key Drivers of Product Innovation Capability
(Houston, Texas – September 25, 2014) – APQC has released a new study that explores the key drivers of innovation performance. APQC’s research identifies what differentiates high-performing companies from those with average and under-performing capabilities.
Innovation Performance: Critical Drivers of Success is the result of collaborative research led by innovation management expert Scott Edgett and was conducted jointly by Stage-Gate International and APQC. The study analyzed innovation performance at more than 200 companies, including some of the world’s top organizations.
The report explores key product innovation metrics and provides current benchmarks to gauge product innovation performance. It examines, in detail, performance on all four drivers of the Innovation Performance Framework™: Product Innovation and Technology Strategy, Portfolio Management, Idea-to-Launch, and Culture and Leadership.
“Top performing companies that are the product innovation juggernauts, regardless of industry, all have something in common.” explains Scott Edgett, “They understand that the ability to increase business value through innovation is a critical capability.” The report provides excellent benchmarking information for companies seeking to build their innovation capability.
A detailed description of the report may be found at Innovation Performance: Critical Drivers of Success – Report Overview.
About Stage-Gate International
Stage-Gate International’s mandate is to enable organizations to improve their product innovation capabilities. Our international team of Product Innovation Experts and Consultants are mentored by Dr. Edgett and understand the complex challenges organizations face. We help companies achieve product innovation success through our world-class products and services.
Stage-Gate International leverages the world's most comprehensive research into best practices in Product Innovation. This research has led to some of the most important discoveries in the innovation field; such as, Stage-Gate®, Portfolio Management for New Products and the Innovation Performance Framework™.
APQC is a member-based nonprofit and one of the world’s leading proponents of knowledge management, benchmarking, and best practices business research. Working with more than 750 organizations worldwide in all industries, APQC provides organizations with the information they need to work smarter, faster, and with confidence. Visit www.apqc.org , call +1.713.681.4020 or follow @APQC and learn how to Make Best Practices Your PracticesSM.