We're a CRCF grant recipient! We at Organizing4Innovation are proud to announce that we’ve been awarded a grant through Virginia’s Commonwealth Research Commercialization Fund (CRCF) by Governor Ralph Northam. Our data analytics project will advance our ability to implement effective and efficient innovation training management. Additionally, we'll be able to continue to calibrate our online innovation training program.
This project, titled “Using Team-Learning and Teamwork-Quality Indicators as Objective Performance Assessments to Vet Early-Stage Innovation Teams”, aims to eliminate areas of uncertainty in innovation projects. Billions of dollars go towards unstructured, poorly-executed projects that are doomed to fail. Therefore, we want to analyze the behavioral factors that successful teams exhibit in order to solve this problem
We already know that teams perform differently based on how often they update their information, how they build on each other’s ideas, how they challenge each other, how they choose to test their assumptions, and the quantity and quality of the documentation they provide. However, we have yet to use our observations to establish criteria for predicting a successful project. By assessing how teams progress, we can learn how to build an innovation process with reduced risk.
This accomplishment would be a significant step for innovation managers, particularly those working with few teams and/or in small organizations. In our experience, organizations with fewer than 1000 employees often struggle with comparing the innovation teams in their portfolio. Our project, according to a manager at an international engineering firm, “would finally enable [him] to compare apples to apples.”
An Innovation Step Tracker
Essentially, we plan to create a “Fitbit” for innovation teams. Not only does a Fitbit track your steps, but it tells you how you compare to others, and it provides information about where you can improve your performance. It also gives you a concrete benchmark— 10,000 steps, for example. Just like a Fitbit takes the concept of “getting in shape” from an abstract idea to a series of actionable items, our predictive analytics model will allow us to take innovation from a lofty goal to a manageable, step-by-step process. We expect to provide teams with data that will:
- Motivate team members to improve their cooperation, contributions, and overall innovation
- Help team members understand where they succeed and where they fall short
- Give team members and trainers actionable feedback
Similarly, our data will provide an accurate metric for development, just as a Fitbit objectively accounts for steps taken no matter how much you think you’ve been walking.
Fundamentally, our goal is to give every team the opportunity to excel, because the force that drives innovation isn’t ideas, but the people behind them. As Ed Catmull puts it : “If you give a good idea to a mediocre team, they will screw it up. If you give a mediocre idea to a good team, they will either fix it or throw it away and come up with something better.”