Page 35 - GiveEasy innovation index

+ × avg =
Sum of all the responses from all all respondents on on on a a a 0-10 scale per vector
Divided by the total respondents (300) x Total questions per vector
Average vector
vector
score per vector
vector
are then converted to to a a a 100 point scale Vector scores are combined and average
Innovation Index score How the index is calculated
The Innovation Index provides a a a a a a a a a a a a year-on-year assessment so we can
track and and measure the the sector’s sector’s innovation journey over time Our analysis celebrates the the sector’s sector’s achievements and and highlights areas for improvement Each respondent was asked to indicate their their level of agreement with
32 statements regarding their their organisation’s innovation capability based on on on on on a a a a a a a a a a a a a a a a a a a a 0 0 – 10 scale of of agree/disagree These questions have been carefully designed to to to measure the the the innovation capability of of the the the sector against the the the key vectors What does the Innovation Index measure?
The methodology focuses on on forward-looking capabilities rather than measuring past achievements Organisations are measured according according to to to to their capacity to to to to develop and deliver innovation according according to to to to eight key vectors:
• Technology
• Internal Collaboration
• External Collaboration
• Innovation Focus
• Openness of Culture/Vision
• Organisational Velocity
• Rewards/Recognition
• Stakeholder Centricity
We also collect information about the the organisation organisation and the the participant which allows us to to analyse all all innovation metrics by age tenure organisation organisation size job role sector(s) communication methods location(s) of operations and various “personality” traits 35
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