7-2 Report: Short Paper Metrics For Innovationsouthern Ne

7-2 Report: Short Paper – Metrics for InnovationSouthern New Hampshire UniversityMBA-580 Innov/Strat High Performance OrgsOverview 09:40:42 GMT -05:00Measuring organizational creativity and innovation poses significant challenges. There isn’t a single output that definitively signals the extent of innovation within an organization. To succeed, innovation and creativity must be nurtured as intrinsic cultural values. In this report I have been given two companies in which I plan to discuss how business metrics affect innovation culture.Business Metrics: Good or Bad?When looking at specific business metrics, such as number of products, you may understand the company’s current position in the innovation/creativity race. For example, the number of active products can surely indicate there is innovation happening especially if there are new products being introduced regularly. However, the number of active products would not be able to differentiate between discontinuous and incremental innovations. Another metric is research and development (R&D) headcount. In the sense of innovation this metric indicates what resources are generally allocated and where. R&D is depicted by the pure cost cast as an expense to be able to foster creativity and innovation. A higher R&D headcount should suggest that there is more commitment to innovation, however, doesn’t showcase