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How much an idea or initiative creates value is a measure of innovation. Therefore, the product ( like a idea or enterprise ) must contain a creative value.

Ultimately, an innovation program is successful if it
creates value for your company. We can measure this in various ways, and we should be looking at not only Direct Financial Value but also Indirect Value.

The metrics can be used for Indirect Value Measurement are:

1. Culture Change: (Example) Innovation is everyone's responsibility; Melds innovation into rigorous process
2. Employee Engagement: (Example) behaviours and attitudes are measurable based on employee surveys and qualitative feedback
3. Employee Skill-building (Example) involve in idea development