Does Your Company Actually Need Innovation Accounting?

Posted by Dan Toma
On 21/03/2023

Many companies complain about the lack of innovation metrics but in many cases the lack of innovation accounting is not the most important thing the company needs to focus its efforts on.

Three Things Your Company Needs to Have in Place to Implement Innovation Accounting

Posted by Dan Toma
On 07/03/2023

You ability to measure innovation is tightly connected to the maturity of your company's innovation system. There are certain things you have to have in place to be able to implement and benefit from innovation accounting.

Five Innovation Accounting Indicators that are Telling you if your Middle Managers are Stifling Innovation

Posted by Dan Toma
On 21/11/2022

It is a well established fact that middle management plays a crucial role in driving innovation. But in the absence of clear indicators for innovation performance it is difficult to say if middle management is actually driving innovation or stifling it.

The Three Things You Need to Set Goals For Your Innovation Investment

Posted by Dan Toma
On 13/06/2022

A lot has been invested in the name of innovation over the past years – even before the pandemic. The pandemic however, highlighted once more the importance of innovation and the importance of an established innovation system & culture able to constantly bring to life successful new business models. Companies that haven’t necessarily considered innovation […]

Measuring Ethics

Posted by Dan Toma
On 04/08/2020

Today all industries go through changes, making an understanding of the factors that influence purchase decisions highly important. With every firm attempting to gain a desired share of the market by providing the highest quality products that are readily available at a reasonable price – the competition is fierce. However, in an abundant world where […]

Experiment Velocity vs. Learning Velocity

Posted by Dan Toma
On 30/04/2020

I was partially wrong promoting ‘experiment velocity’ as an important Innovation Accounting KPI. I’m gonna tell you why and what’s the fix. But first let me briefly tell you how I initially concluded that ‘experiment velocity’ was the Innovation Accounting KPI to rule them all. Financial KPIs should not be used to measure new businesses. […]

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