The EFQM Innovation Lens

Why an EFQM Innovation Lens?

Innovation has never been more important. Properly understood and applied it can help any organisation grow faster, be more agile and unlock new forms of value. However, creating a self-sustaining culture of innovation can be hugely challenging.

At EFQM, we aim to help organisations improve their performance and to meet this aim one of our services is to offer data-driven, analysis-based tools to give organisations meaningful insights, empowering them in their journey towards becoming outstanding.

One such analysis-based tool is this Innovation Lens. It is designed to help organisations understand what innovation means for them and challenges them to focus on developing new products, services, solutions and ways of working to add new value. It supports organisations in the development of processes that will enable sustainable innovation, provides a measure against which they can assess innovation performance and confirms evidence of innovative activity.

What are the benefits of using the EFQM Innovation Lens?

The Innovation Lens allows an organisation to assess its level of innovation maturity against a comprehensive suite of indicators that are structured against the titles of:

>> Improved economic performance, (higher revenue growth) through new product, process, service or solution development and delivery;
>> Improved customer satisfaction and loyalty is achievable as a direct result of a successful Innovation programme that helps to embed the thinking and the mindset
>> It offers the opportunity for deeper employee engagement and motivation;
>> It helps an organisation understand what innovation means for it and challenges it to focus on developing new products, services, solutions and ways of working;
>> It supports an organisation in the development of processes that will enable sustainable innovation;
>> It provides a measure against which an organisation can assess innovation performance and evidences innovative activity;
>> It offers the potential for an organisation to achieve competitive differentiation and market space;
>> It offers the opportunity for external recognition that allows an organisation to publicly celebrate its success;
>> It opens the door for an organisation to become part of a cross-sector EFQM Innovation Community that is focussed on wealth creation and improving standards.

What will I receive?

You will receive a 46pp brochure which details the EFQM Innovation Lens.

For many people, this is enough to help illustrating the activities, processes and culture that combine to stimulate innovation and encourage it to flourish within their organisation. But for others, this is the first step before signing up for the EFQM Innovation Leader Online Training, to learn how to boost their organisation's ability to innovate and create a long-term culture and processes needed to deliver a permanent innovation mindset.