Assessing Innovation

We cannot manage and control what we cannot measure and assess. Poor assessment results have been cited as a primary reason for project failures, in terms of cost, schedule, and quality. This book introduces metrics, rubrics, and standards pertinent to assessing innovation. Assessing Innovation: Metrics, Rubrics, and Standards provides a new view for the embracing of innovation and establishing a quantitative basis for determining innovation levels. It bridges innovation with practice and presents a systems view as it incorporates the human element and discusses the different roles carried out. This book offers standards that will guide readers as they tackle sustaining innovation and leverages Badiru's Umbrella Model in the process. The inclusion of methodologies suitable for determining where and when innovation is happening, and to what extent it is currently being carried out, make this a unique book, along with being the only book that addresses innovation metrics, rubrics, and standards in an integrated fashion. Seen as a way to help advance the diverse pursuit of innovation, this book is an ideal read for those in engineering, business, industry, academia, government, and the military.

Adedeji B. Badiru is a Professor of Systems Engineering at the Air Force Institute of Technology and a registered professional engineer. He is also a fellow of the Institute of Industrial Engineers and Fellow of the Nigerian Academy of Engineering. Dr. Badiru has a BS degree in Industrial Engineering, an MS in Mathematics, an MS in Industrial Engineering from Tennessee University, and a PhD in Industrial Engineering from the University of Central Florida. He is the author of several books and technical journal articles and has received several awards and recognitions for his accomplishments. He is also a series editor for CRC Press/Taylor and Francis. Melinda L. Tourangeau is the Executive Director of the RVJ Institute, a 501 c (3) center of excellence and research institute dedicated exclusively to excellence in the electromagnetic environment. She possesses advanced degrees in Electrical Engineering and Business Administration and is currently pursuing a PhD in Education with an emphasis on organizational systems. Ms. Tourangeau is considered a subject matter expert in Electromagnetic Warfare and Electromagnetic Spectrum Operations. She has authored numerous reports for the Department of Defense and US Congress and given presentations to audiences in Europe, Hawaii, Canada, and the United States. Her background emphasizes electro-optics, lasers, and semiconductor physics, as well as organizational and leadership systems. Her career includes serving as a Department of Defense program manager for critical Electromagnetic Warfare programs and serving in the U.S. Air Force.

1. Fundamentals of Measurements and Rubrics. 2. Defining Matrix and Metrics for Innovation. 3. Concept of Standards, Rubrics, and Metrics for Innovation. 4. Statistical Engineering Approach to Innovation Metrics. 5. Engineering Economic Analysis of Innovation Projects. 6. Economic Metrics for Innovation. 7. Quantifying the Utility of Innovation. 8. Innovation on the Edge of Dollars: A Case Study