Shows
Innovation Metrics PodcastEP 21 - Too much Hype, too little Impact: How to Avoid the AI Failures of OthersEP 21 - Too much Hype, too little Impact: How to Avoid the AI Failures of OthersAbout the EpisodeAI adoption is skyrocketing, but most AI projects don’t deliver on their promises. In this episode, Dr. Evan Shellshear, Managing Director and Group CEO of Ubidy, breaks down why 80% of AI projects fail and what organisations can do to improve their chances of success.Drawing insights from his book Why Data Science Projects Fail, Evan explores the biggest blockers to AI success, the importance of strategic alignment, and how companies can avoid wasting mi...2025-02-1956 min
Innovation Metrics PodcastFinding Product/Market Fit After Launch: What to Do When You're Already on the Market?About the EpisodeIn this episode, Elijah Eilert sits down with Étienne Garbugli. Étienne, the CEO of Sliced, veteran founder, and author of several books, shares his insights.The conversation centers around Étienne’s most recent book, Find Your Market. The book explores how to effectively find Product/Market Fit when innovations are already built or at least partially developed without having factored in the market need properly. Most innovators understand the need for research and experimentation before committing significant resources to but in reality, many organisations, Research and Development departments, and especially universities all too o...2024-11-061h 02
Innovation Metrics PodcastEP 19 - Part 2: The ROI of LearningAbout the EpisodeElijah Eilert is talking to Peter LePiane about innovation within large organizations. Part 2 of the podcast explores various aspects of innovation related decision-making. Peter opens up about his background in science and computer science, his Startup journey and how he nearly founded Airbnb and Shopify. He introduces Estimatic, his latest venture, software designed to model uncertain projects and ideas.The episode addresses the concept of innovation accounting, common misconceptions in business case analysis, and the value of information by connecting learning to financial outcomes. The episode challenges traditional practices in organizations and...2023-11-0748 min
Innovation Metrics PodcastEP 18 - Part 1: The ROI of LearningAbout the EpisodeElijah Eilert is talking to Peter LePiane about innovation within large organizations. Part one of the podcast, explores the core principles of innovation, the challenges associated with measuring its impact, and the formidable obstacles faced in corporate landscapes.Starting with the question of “What is Innovation?” Peter offers his perspective, emphasizing the fusion of novelty and impact in the concept of innovation. According to him, innovation involves the introduction of genuinely new ideas or solutions to the world, with a keen focus on how these innovations are received within the market. The epis...2023-10-2443 min
Innovation Metrics PodcastEP 17 - Part 2: How to Manage Change and Create Resilient Organizations Through InnovationElijah Eilert is talking to Kumuda Suppayah an Innovation strategist, and business transformation expert in the Oil and Gas sector. The second part of this episode delves into the fascinating world of corporate venturing and organizational adaptability with insights from a research paper that Kumuda co-authored titled, "Enhancing Organizational Adaptability through Corporate Venturing." The paper's primary focus is to understand the culture and processes that enable successful corporate venturing, a critical strategy for organizations looking to thrive in a rapidly changing business landscape. Explore the significance of corporate venturing, distinguish it from strategic entrepreneurship, and un...2023-10-1755 min
Innovation Metrics PodcastEP 16 - Part 1: How to Manage Change and Create Resilient Organisations Through InnovationElijah Eilert is talking to Kumuda Suppayah an Innovation strategist, and business transformation expert in the Oil and Gas sector. Part 1 of the episode is designed around three main questions:What is innovation?How should innovation be measured?What are the biggest blockers to innovation in large organisations? This podcast episode explores the broad concept of innovation and its various facets. It begins by defining innovation as a departure from the norm and highlights the importance of tying innovation to specific outcomes. The discussion then delves into different types of innovation, including incremental, sustaining, an...2023-10-0349 min
Innovation Metrics PodcastEP 15 - Psychological Safety, Cognitive Diversity, Trust & Fear in InnovationTitleEpisode 15 - Psychological Safety, Cognitive Diversity, Trust & Fear in Innovation About the EpisodeElijah Eilert is talking to Susie Braam and Ed Essey, two seasoned innovators. The episode takes you on a corporate innovation journey, covering how to define innovation and tips and tricks on how to measure it. The discussion sheds light on both innovation blockers and enablers, exploring concepts like psychological safety, cognitive diversity, trust, and fear. Furthermore, the conversation addresses the challenges and opportunities of innovation amidst an economic downturn and the transformative impact of cutting-edge technologies like artificial i...2023-08-081h 35
Innovation Metrics PodcastEP 14 The Fruit Tree Analogy: Cultivating Business Value at Microsoft GarageAbout the EpisodeElijah Eilert is talking to Ed Essey Director of Business Value at the Microsoft Garage. In this episode, Ed introduces an analogy of an fruit tree to explain innovation. The tree represents the innovation system that delivers fruit or innovation projects. The soil is the nourishing culture for the tree to produce. Unsuccessful fruits fall down and become fertilisers for the tree. Ed emphasizes the importance of creating organisational ambidexterity to execute known businesses while creating entirely new ones. The discussion on measuring innovation explores innovation accounting and dives into storyboarding, hypothesis-driven financial modelling, ‘St...2023-04-181h 04
Innovation Metrics PodcastEP 13 The Science Behind Becoming an Entrepreneur & the Role of Free Access to Knowledge for InnovationElijah Eilert is talking to Matt Clancy about what makes people become entrepreneurs and how the accessibility of information fosters innovation. The episode is guided by some of Matt's publications that he summarizes for us before discussing the findings further. The first main topic of discussion is about the "idea" of being an entrepreneur and how entrepreneurship is contagious. The findings from various studies show that people are more likely to start a business if they have been around entrepreneurs or have entrepreneurial role models close to them. However, being around former entrepreneurs doesn't necessarily make it...2023-02-2059 min
Innovation Metrics PodcastEP 12 How to Measure Australia's Innovation Ecosystem - Understanding the Lastest Innovation Metrics ReviewElijah Eilert is talking to Joseph Brookes about the Innovation Metrics Review, a report that assesses the way Australia is currently measuring innovation, and then makes recommendations on how it can be improved. The Australian Government commissioned the review discussed in this episode due to a recommendation from Innovation and Science Australia in 2017. The review was finally released by the new government on September 30th 2022.2022-12-1229 min
Innovation Metrics PodcastEP 11 Breathing Life into Organisations on Innovation Life SupportElijah Eilert is talking to Susie Braam about what keeps innovators within large organisations going and what makes it really hard for them. Susie shares what good leadership behaviour looks like, the problems with short-term thinking and how to carve out the necessary space for a strategic approach to innovation.2022-11-281h 03
Innovation Metrics PodcastEP 10 The Innovation Metrics Podcast - A RetrospectiveElijah Eilert is talking to Oliver Durrer. Oliver is sharing insights from his accomplished career in corporate innovation. He is also helping Elijah do a Retro on the podcast for this 10th episode:What went well?What didn’t go well?What to do next?This episode is a bit different from others as it focuses less on specific lessons for innovation teams and leaders and more on personal experiences.“Vulnerability is the birthplace of innovation, creativity and change” – Brené Brown2022-08-2345 min
Innovation Metrics PodcastEP 09 The Importance of Evidence Based Storytelling in InnovationAbout the EpisodeElijah Eilert is talking to Tendayi Viki about the power and pitfalls of storytelling in the context of innovation management. A well told story has the power to move us, we are biologically programmed to buy into storytelling. The problem is that often in an innovation context a well told story bypasses logic and reason, selling a tall story devoid of facts. This lively and fun conversation will challenge your thinking and approach when it comes to storytelling in an innovation context. Whether a sceptic or a fan of well told stories, the...2022-05-2249 min
Innovation Metrics PodcastEP 08 Innovation Accounting – The Second System01:00 Introducing Esther03:00 Esther's reasons for writing the Innovation Accounting Book include finding an answer to corporates hindering governance structure to transformational innovation by outlining a second system that operates in parallel to the core. 06:00 On the process of writing a book and, moreover, a book that is pushing the boundaries.09:30 Defining innovation accounting “The tools, processes and systems an organisation needs to monitor the progress of high-risk disruptive ventures”.This is more than just a set of indicators, it is several levels of governance indicators to enable decision-making. The thre...2022-04-2151 min
Innovation Metrics PodcastEP 07 Unit Economics: How to Calculate CAC & LTV - It DependsAbout the EpisodeElijah Eilert speaks to Paul Orlando about his book Growth Units to discover how to best calculate Customer Acquisition Cost and Lifetime Value. Paul tells us how to significantly improve common calculation methods and how to use those to make critical business decisions. Understanding revenue and cost on a per unit basis for Startups/innovation projects is vital but even established businesses have a lot to gain from doing it right. Topics and Insights(01:00) Introducing Paul Orlando and his book Growth Units, the foundation of this episode. Paul initially wrote t...2022-03-1757 min
Innovation Metrics PodcastEP 06 Understanding the ISO Standard for Innovation Management - Concepts & BenefitsAbout the EpisodeElijah Eilert speaks to Andy Cars, the founder and CEO of Lean Ventures International, about ISO standards for innovation management. Having participated in the ISO creation process, Andy Cars will discuss the concepts around ISO standards and how organisations can benefit from them. The aim is to create a long-term innovation strategy and transform an organisation's culture into a value creation mindset.Topics and Insights(01:09) Introducing Andy Cars owner of Lean Ventures International AB(03:52) Discussing Andy's contribution to the ISO standards for innovation management (05:31) Providing an overview of the ISO standards f...2022-02-021h 03
Innovation Metrics PodcastEP 05 Fundamentals of Metered Funding & Stage Gates for InnovationAbout the EpisodeElijah Eilert speaks to Tristan Kromer about the fundamentals of a VC-like funding approach for corporate innovation that releases resources over time in exchange for specific evidence. Funding a startup or corporate venture from idea to scale is becoming increasingly outdated. Applying traditional stage-gate funding models for innovation projects come with a set of issues on their own. Discover the fundamentals of what Eric Ries calls Metered Funding and how to design an effective incremental funding approach for innovation. Ideally, each decision point or gate is dictated by uncertainty. In reality, it does n...2021-12-1351 min
Innovation Metrics PodcastEP 04 Finding a Common Framework & Post Launch MetricsAbout the EpisodeElijah Eilert speaks to Jael Kong who until recently was working with a leading FMCG company. She is jam-packed with insights and will speak with us about the systemic problems large organisations have when making (kill, pivot, persevere) decisions specifically after launching new products. Jael also gives us a glimpse into an early post-launch tracking approach that leverages the Pirate Metrics Framework ((A)AARRR). Our favourite quote from Jael:“We often underestimate what we can achieve in a year and way overestimate what we can do in a day - t...2021-11-021h 08
Innovation Metrics PodcastEP 03 Innovation Accounting - Ranges are KeyAbout the PodcastThe Innovation Metrics podcast provides insights on measuring innovation, innovation accounting and managing the uncertain process of developing new, sustainable and profitable business models.About the EpisodeTristan Kromer speaks with us about the pitfalls of early-stage predictions in startups and corporate innovation initiatives, and how to drastically improve them. “It’s ok to ask innovators how a business is going to make money and how much. The problem is the way we traditionally expect them to produce the answer. The way we frame it can’t be answered...2021-09-0355 min
Innovation Metrics PodcastWhy Innovation Teams have to be Measured Differently and How to do itAbout the PodcastThe Innovation Metrics podcast provides insights on measuring innovation, innovation accounting and managing the uncertain process of developing new, sustainable and profitable business models.
About the EpisodeOur guest and https://www.linkedin.com/in/tristankromer/ (Tristan Kromer) speaks about why we need to measure innovation teams differently from other product teams and how to do it.
Please let us know what measures you would add and why in the comments!
Hosts/Guestshttps://www.linkedin.com/in/elijahteilert/ (Elijah Eilert), https://www.linkedin.com/in/tristankromer/ (Tristan Kromer)
Innovation Team Metrics Covered in this EpisodeExperimentation Velocity...2021-09-0157 min
Innovation Metrics PodcastEP 02 Why Innovation Teams have to be Measured Differently and How to do it - with Tristan KromerTitle Why Innovation Teams have to be Measured Differently and How to do it - with Tristan KromerAbout the EpisodeTristan Kromer is talking to us about why innovation teams need to be measured differently from other product teams and how to do it. In other words, we are talking about how you can take practical steps to implement innovation accounting on a team level. Please let us know what measures you would add and why in the comments!Innovation Team Metrics Covered in this EpisodeExperimentation Ve...2021-07-1257 min
Innovation Metrics PodcastEP 01 From Quarterly to Weekly Learning Cycles or “The Man in the Mirror” – with Oliver DurrerFrom Quarterly to Weekly Learning Cycles or “The Man in the Mirror” – with Oliver DurrerHosts/GuestsOliver Durrer, Elijah Eilert About the EpisodeOliver shares his hands-on experience on corporate entrepreneurship, innovation, leadership and learning from his time at Nestle and Migros, building corporate startups and developing an innovation lab. He explains how they went from quarterly learning cycles to weekly and what it takes to get there. Finally, Oliver is going to tell us his biggest secret/takeaway for innovators, especially within large organis...2021-02-0843 min
Humans Aren't RobotsA Startup Methodology To Boost Your Business - Elijah EilertWelcome to Digital Noir Presents. A podcast loosely based around life in a Digital Studio. Could a lean startup help your business flourish and save valuable time? We chat with industry coach Elijah Eilert about how it works. Elijah is the founder of Innovation Metrics and specialises in Innovation Accounting2018-04-0644 min