The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
Innovation Portfolio Value & Growth
The total projected revenue or market value of new ventures and concepts under your remit that are either launched or in advanced stages of validation.
Target · Achieve a 3x return on innovation investment over a 7-year horizon (realised or on paper). Secure £2M-£10M+ in annual funding for your portfolio.Your portfolio of 5 active ventures, collectively, is projected to generate £7M in new revenue within 3 years, having received £2M in funding to date. You've also secured an additional £3M for next year's programmes.
Venture Graduation Rate
The number of validated concepts that successfully transition ('graduate') from the innovation lab into a core business unit for scaling, or are spun out.
Target · Successfully graduate 2-3 ventures into core business units or external spin-outs per year.Last year, you oversaw the successful integration of 'Project Alpha' (a new subscription service) into the Retail BU and helped 'Project Beta' (a niche FinTech solution) secure external seed funding for a spin-out.
Strategic Alignment Score
How well your innovation portfolio aligns with the company's stated 3-5 year strategic pillars and growth objectives, as assessed by the C-Suite and Venture Board.
Target · Maintain 80%+ alignment of the innovation portfolio with the company's long-term strategic pillars.In the latest review, 9 out of 10 active innovation programmes clearly mapped to one of the three strategic growth areas identified by the Board, demonstrating strong strategic focus.
Time-to-Decision & Kill Rate
The average time it takes for a concept to move from initial idea to a 'go/no-go' decision (fund or kill), and the percentage of projects that are proactively stopped.
Target · Reduce average time from idea to decision by 15% year-over-year. Maintain a kill rate of 40-50% for early-stage concepts (shows effective de-risking).You've streamlined the Venture Board process, cutting the average decision time from 12 weeks to 9. Also, 45% of concepts that started the year were either killed or significantly pivoted based on early validation data, saving future investment.
Venture Board & C-Suite Engagement
The quality of your relationships with the Venture Board and C-Suite, reflected in their trust, proactive consultation, and willingness to champion your programmes.
- You're regularly invited to strategic planning sessions, not just to present innovation updates. Board members proactively seek your opinion on market shifts. They champion your team's work internally and externally. Decisions are made promptly and with clear rationale, showing confidence in your recommendations.
Business Unit Sponsorship & Adoption
The level of genuine buy-in and active sponsorship from business unit leaders for graduating ventures and their willingness to allocate resources for scaling.
- BU leaders are actively involved in the validation process, not just passive recipients. They allocate budget and headcount for graduated ventures without significant pushback. They publicly advocate for the innovation team's impact and success within their units.
Team Leadership & Talent Development
How effectively you lead, mentor, and develop your team, fostering a culture of psychological safety, high performance, and continuous learning.
- Your team consistently meets or exceeds performance targets. You have a clear succession plan for key roles. Team members report high levels of job satisfaction and growth opportunities. You're known for giving constructive, actionable feedback and creating a safe space for experimentation and learning from failure.
External Reputation & Ecosystem Influence
Your standing as a thought leader in innovation, both within the company and externally, attracting talent and partnerships.
- You're asked to speak at industry conferences or contribute to publications. External partners proactively approach us for collaboration. You're seen as a magnet for top innovation talent, making recruitment easier. Your team's work is referenced as a benchmark within the industry.