Innovation Matrix Template An innovation matrix is a

Innovation Matrix Template An innovation matrix is a way to visualize the different aspects of where a company stands in its ability to create a new product or service. The matrix is comprised of two dimensions: competence (i. e. , the ability within the company to come up with and execute an innovation) and commitment (i. e. , how important innovation is in the organization). Organizations can use this tool to determine what category they fall into and what changes need to be made to ready themselves for innovation. The two dimensions of the Innovation Matrix create 9 different classifications: 1. 2. 3. 4. 5. 6. 7. 8. 9. No innovation capacity Thinking about innovation Talk but no action Unintentional innovation Average at everything Potential stars Effortless innovators Unconscious stars World class innovators Want more tools and templates? Visit https: //upboard. io/

Innovation Matrix Template High Write company characteristics in the box that reflects the relevant category Effortless Innovators Unconscious Stars Competence • • Unintentional Innovators • World Class Innovators • Average at Everything • Potential Stars • Low Dimension #1, Low Dimension #2 No Innovation Capacity Thinking about Innovation • Talk but no Action • Low Commitment Want more tools and templates? Visit https: //upboard. io/ High

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