Key Area

Aspects Of Dimension

1. Innovation culture

Existence of communication between hierarchical levels.

Concern for stimulating participation in the contribution of new ideas.

2. Concept creation/ generation

Frequent meetings to promote creativity.

Participation and integration of suppliers and customers to contribute to or develop new concepts.

3. Design tools and activities

Existence of a company area responsible for the innovation process, with defined methodologies and action plans. Use of computer-based tools for designing products/processes. Existence of a computational platform for storing, protecting and consulting the information (knowledge belonging to the company).

4. Human resources management

Existence of continuous and up-to-date control on the personnel’s training level. Considering encouragement of the employees to contribute and participate with new ideas.

5. Strategy

Integration of promotion with innovation in the organizational strategy.

Joint work with high technical knowledge institutions specializing in research and development.

Customer approach policy.

6. Project Management

Existence of a fair process of professional analysis for selecting projects.

Participation of specialized projects teams.

Participation in competitive funds that can strengthen the investment.

7. Knowledge management and Intellectual Property

Existence of a plan to strengthen organizational learning.

Adequate level of protection and handling of the company’s intellectual property.

Presence of benefits associated with the generation of patents.

8. Capitalization/ROI management

Careful project evaluation and worst case analysis.

Innovation projects portfolio management.