The scoreboard, and what is not on it. The hard targets, how often each is actually
looked at, and the quiet signals that never reach a dashboard.
Pilot Conversion Rate
The percentage of vetted external opportunities that successfully move from an initial assessment to a funded pilot project with an internal business unit.
Target · Achieve a >10% conversion rate from 'Vetted Opportunity' to 'Funded Pilot' annually. If you vet 30 opportunities in a quarter, we'd expect at least 3 of those to secure internal funding for a pilot. Anything less means we're either not finding the right fit or not pitching them effectively.
Successful Pilot Handoffs
The number of innovation projects that you've helped initiate and mature, which are then successfully transitioned to an internal business unit or R&D team for full-scale development or integration.
Target · Transition ≥3 innovation projects to business unit ownership annually. You might bring in a new battery technology, run a successful MVPilot, and then hand it over to our EV division for full product integration. We're counting those successful transfers.
Mentee Growth & Development
The progress and promotion of junior analysts or associates you've formally mentored within the Open Innovation team.
Target · At least one mentored analyst is promoted or given lead responsibilities within 24 months. If you're mentoring a junior specialist, we'd expect to see them taking on more complex scouting briefs independently, leading small internal workshops, or getting ready for their own promotion within a couple of years, thanks to your guidance.
Ecosystem Engagement Score
A measure of your active participation and relationship building within the external innovation ecosystem, including events attended, new contacts made, and follow-up activities.
Target · Maintain an average score of 4 out of 5 on quarterly peer and manager reviews of your external engagement activities. This isn't just about showing up; it's about making meaningful connections. Did you follow up with that startup CEO? Did you introduce our R&D lead to the university professor? That's what counts.
Internal Stakeholder Trust & Influence
Your ability to build credibility with internal R&D and business unit leaders, leading them to proactively seek your input on strategic challenges and new technology directions.
- You'll know you're doing well when R&D leads invite you to their early-stage planning meetings, ask for your opinion on external trends, and genuinely listen to your recommendations, even if they challenge their existing assumptions. They'll come to you with their problems, not just wait for you to bring solutions.
Quality of Innovation Business Cases
The clarity, completeness, and persuasive power of the business cases you develop for potential external partnerships or technology acquisitions.
- Your proposals will clearly articulate the problem, the external solution, the market opportunity, and the potential ROI, even under uncertainty. They'll stand up to scrutiny from Finance and senior leadership, requiring minimal revisions before approval. Basically, you're making it easy for the business to say 'yes'.
Strategic Alignment of Scouting Activities
How well your scouting efforts align with the company's overarching R&D strategy and specific business unit needs, rather than just chasing 'shiny objects'.
- Your scouting briefs will directly map to defined strategic pillars or critical technical gaps. You'll be able to articulate why you're looking for a particular technology and how it fits into our long-term vision, not just that it's 'cool'. This means fewer 'innovation theatre' projects and more impactful work.
Ecosystem Reputation & Access
Your standing within the external innovation community, leading to proprietary deal flow and early access to promising technologies.
- You'll find that VCs and startup founders start reaching out to you with opportunities before they're public. You'll get invited to exclusive industry events or private demo days. Your name will be recognised as someone who genuinely understands innovation and can get things done within a corporate setting.