August 16, 2017
What is Your Vitality Index? Vitality Index (new product revenues as a percent of total revenues) is a common metric used to show the innovation effectiveness of an R&D organization. Two IRI...
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IRI resources assist your day-to-day R&D functions and help in problem solving. Search by keyword, topic, or your R&D role to find tools to help you manage your organization's R&D and innovation process more effectively.
November 30, 2018
One of the most commonly reported innovation metrics is R&D spending as a percent of sales. However, it’s not always clear what expenses are counted towards that total. Your participation in this...
March 09, 2018
Companies often use new product sales (sometimes referred to as new product vitality) as a measure of R&D effectiveness. This metric is often reported as the ratio of new product sales (sales...
What are your leading safety metrics? We are the process of taking a critical look at our leading safety metrics (predictive injury metrics) and have narrowed down the list with strongest correlation...
1. Metric Definition A group of measures of the financial return of R&D or the innovation process, including the New Sales Ratio (the percent of current sales originating from new products), Cost...
Do you use an Innovation Index? At John Deere, we are considering developing an “Innovation Index”, an indicator that measures the health and performance of our innovation efforts. We recognize that...
The Forum is designed to increase member networking opportunities and help members quickly find solutions that can be implemented in their organizations.
Background | User Guide | Program Contents | Stakeholders | List of Metrics 1. Metric Definition The value of sales of products protected by patents owned by the company, or the percentage of the...
The calculated sum of future value expected to be realized from current R&D projects.
October 09, 2019
Companies make choices between investments in R&D, productivity, tech service and the plant, or choices between different types of R&D. To make these choices they balance the risk, return,...
April 27, 2018
As our innovation funnels grow in size and/or complexity to achieve corporate growth ambitions, our program management teams must become more efficient with their time and finite resources. Therefore...
When is a new product considered 'commercial'? How do people decide when a new product is "commercial"? I am looking for a short definition that the project team can use to guide their decision. -...
How do you measure performance of R&D projects? We are considering implementing a model to measure/evaluate performance of R&D projects, specifically, their EFFICIENCY. (EFFICIENCY = OUTPUT...
July 17, 2019
The laws, rules, and regulations of the markets we play in are constantly changing. How does your R&D team and greater organization handle this work load? Are certain functional groups...
October 09, 2019
The laws, rules, and regulations of the markets we play in are constantly changing. How does your R&D team and greater organization handle this work load? Are certain functional groups...
Background | User Guide | Program Contents | Stakeholders | List of Metrics 1. Metric Definition A family of related measures of patent value, including the percent of patents that are useful, their...