What's Your Organization's I*Q (Innovation Quotient)?

How innovative is your organization?
The following questions will help you see where your organization stands. Please rate these 10 questions as candidly as possible. Ratings:

Please rate these 10 questions as candidly as possible. Ratings:

1. Does at least 25% of your revenue come from products and services developed in the past 5 years?

2. Do you consistently outperform your competition in things like customer service, quality, time to market, ROI, and profitability?

3. Do you routinely solicit, listen to, and act on suggestions from people from every level and function of your organization?

4. Do you encourage and stimulate interaction between departments and promote cross-functional projects?

5. Have all of your improvement processes (TQM, reengineering, excellence, etc.) been as effective as you hoped?

6. Do you regularly train people at all levels and in every function how to think and work together more effectively?

7. Do people in your organization regularly have time available to think through situations, look at the big picture, bounce ideas off of peers, and experiment with possibilities?

8. Is information freely and readily available to everyone in your organization rather than on a need-to-know-basis?

9. Does your organization regularly review and update its assumptions, mission and goals and encourage everyone in the organization to do so also?

10. Is ownership, rewards and risks, distributed widely through your organization through stock ownership plans or profit sharing plans?

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