Metrics for Innovation Development Qualitative Metrics and Provocative Questions I. Are the right people involved in the innovation process II. Do we have enough failures to assure that we’re pushing the envelope sufficiently Quantitative I. Prototyping speed II. Number of prototypes per new product/service III. Average time it takes to churn out products/services. IV. Number of patents applied for V. Number of patents granted VI. Percent of ideas that are funded for development VII. Percent of ideas that are killed