Innovation Maturity Model
The Innovation Maturity Model is a framework that helps organizations evaluate their innovation capabilities and identify areas for improvement. It consists of five levels representing different stages of innovation maturity, with level 1 being the least mature and level 5 being the most mature.
- Ad-hoc: Organizations at this level have no formalized innovation process or strategy. Innovation is sporadic and occurs on an as-needed basis.
- Opportunistic: Organizations at this level have recognized the importance of innovation but have not yet established a consistent process for innovation. Innovation occurs opportunistically and is driven by individual efforts rather than a systematic approach.
- small teams rather than being a core part of the organization's strategy.
- Managed: Organizations at this level have integrated innovation into their overall business strategy and have a dedicated team responsible for managing innovation. Innovation projects are aligned with the organization's goals and objectives.
- Optimized: At the highest level of innovation maturity, organizations fully integrate innovation into their business processes and culture. Innovation is an ongoing process that involves all employees and is aligned with the organization's overall strategy. Continuous improvement and optimization of the innovation process are key features at this level.
The Innovation Maturity Model helps organizations assess their innovation capabilities and identify areas for improvement. It provides a roadmap for organizations to move from ad-hoc innovation to a more mature, strategic approach to innovation. By identifying the gaps in their innovation capabilities, organizations can develop a plan to improve their innovation processes, culture, and outcomes.