InnoLead & Sopheon's best practices in building a productive innovation portfolio - excerpt

We are excited that you’ve decided to learn from the data and insights we collected with InnoLead about building a healthy and productive innovation portfolio. Innovation drives significant, long-term commercial benefits, yet innovation professionals often feel as if they are operating in a sea of chaos. Organizations should consider best practices around tools, people, processes, and portfolio management to gain control and improve growth. This report explores innovation trends across multiple industries, such as:

• How innovators track the health of their portfolio — and whether they track projects that fail out.
• Popular methodologies, like design thinking, lean startup, and more that help innovators get results.
• The number of innovation management tools organizations use to help with their success.

To help you develop best practices around portfolio health and management in your own organization, this report features data from your peers in innovation-related roles, perspectives from leaders in large companies like Peloton and W.L. Gore about how they do things, and insights from Sopheon.

We hope you find it valuable to your organization — and we encourage you to share these best practices with your peers as you continue to innovate.