One of the most valuable tools CIMS offers can assess a company’s level of innovation management proficiency. The Innovation Management Maturity Assessment (IMMA) is based on 30+ years of CIMS research into the best practices of leading corporations.
Here’s how it works: By department, or throughout your entire enterprise, rate your organization’s performance across the five core competencies and five management dimensions of innovation. Obtain valuable insight into its current proficiency for creating new, differentiated products and services. We help you identify potential IM ‘gaps’ and provide you the tools and programs to close them. This short diagnostic will give you a view into how innovation can be measured in your company. Your results are immediately “heat mapped” to illustrate your organization’s strengths and weaknesses. This easy-to-read display helps management prioritize improvement efforts.
The IM Maturity Assessment in a Nutshell.
- The assessment is divided into two parts: core competencies and management dimensions.
- Rate 10 components using a scale from 1 to 5.
- Respond from the perspective that gives you the most insight, whether it’s your function, your business unit, or your entire company.
- Provides a ‘common language’ to an entire organization as to what innovation is and how it can be managed.
Expand the Power of the IM Maturity Assessment
The real power of the assessment is realized when it is expanded to take into account the demographics of your organization –– for example, an employee’s length of tenure, position, function, etc. This provides management with more reliable results and a more convincing case for change.
To take the IM Maturity Assessment, click the link below. Contact CIMS for more information.
Related Articles in the CIMS Innovation Management Report:
Part 1: Core Competencies
Part 2: Management Dimensions
Idea Management >
Market Management >
Portfolio Management >
Platform Management >
Organization & Culture >
Tools & Techniques >
Idea Management is the ability of a firm to effectively identify, assimilate, and qualify information regarding new technologies or ideas that can lead to highly differentiated, breakthrough products.
Select the response that best describes the CURRENT level of IM maturity for Idea Management:
Market Management selects market opportunities and plans offerings in response to them that represent the greatest value to both the organization and to its customers.
Select the response that best describes the CURRENT level of IM maturity for Market Management:
Portfolio Management allows a firm to manage a set of investment projects that are aligned with the business strategy, balanced, and generates the greatest economic return.
Select the response that best describes the CURRENT level of IM maturity for Portfolio Management:
Platform Management establishes platform strategy, references architecture, set of modular subsystems, and development plan for an entire product or service line.
Select the response that best describes the CURRENT level of IM maturity for Platform Management:
Project Management reliably and predictably guides projects through their phases of development so they deliver the economic and strategic values originally intended for them.
Select the response that best describes the CURRENT level of IM maturity for Project Management:
Strategy defines the specific goals of the organization and exactly how the organization will achieve them. Strategy is only valuable when it creates change in the marketplace.
Select the response that best describes the CURRENT level of IM maturity for Strategy:
Organization & Culture is the common language and background of how things get done. It is developed over time as people in the organization learn to deal with problems of adaptation and integration. Organization, on the other hand, is the formal alignment and direction of a firm's resources and skills toward achieving common goals.
Select the response that best describes the CURRENT level of IM maturity for Organization & Culture:
Processes define the patterns and actions of interaction, coordination, communication, and decision-making that people use to get work done.
Select the response that best describes the CURRENT level of IM maturity for Processes:
Tools & Techniques provide a mechanical or mental advantage in accomplishing a task. They facilitate communications and help process, analyze, and present data to aid management in decision-making.
Select the response that best describes the CURRENT level of IM maturity for Tools & Techniques:
Metrics are a powerful management tool and are used to both motivate as well as measure the organization's IM proficiency.
Select the response that best describes the CURRENT level of IM maturity for Metrics:
The following maps the results of how you rated innovation management proficiency. Note the core competencies and management dimensions intersect and affect an organizations ability to be efficient across all areas critical to successful innovation management. In each square, first number represents management dimensions and second number represents core competencies. The scoring for each is indicated below and the level of proficiency is indicated in color with the darker the color the more proficient you are at managing innovation in the indicated area.
Below are your results. Expand the IM Maturity Assessment to your business unit or your whole company. Learn how innovation can be learned, practiced, measured, and managed across your entire organization.