Innovation Audit Tool

Take our innovation audit to review the performance of your organisation's innovation management activities and processes and identify areas for improvement.

Review your innovation management processes

Identify areas for improvement

Gain useful insights

Design actions

In today’s fast-evolving market, innovation is the key to staying ahead. Our Innovation Audit Tool  is designed to empower your organisation by evaluating its innovation capabilities across five critical dimensions:


• Strategy and Governance

• People and Culture

• Processes and Systems

• Tools and Resources

• Key Performance Indicators (KPIs)


About the Innovation Assessment Report


Your personalised Innovation Assessment Report will provide:


  • Detailed Scores and Insights: Understand your organisation’s performance in each innovation dimension.
  • Benchmark Comparisons: Measure up against global and industry standards.
  • Importance-Performance Analysis: Gain a deeper understanding of where your organisation is excelling and where improvement is most needed by assessing both performance and the relative importance of each area. This analysis helps ensure that efforts are aligned with what matters most for your organisation's success.
  • Tailored Recommendations: Practical, actionable strategies to drive improvement where it matters most.
  • Visual Insights: Professional radar chart with a clear snapshot of your innovation profile.
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This powerful platform delivers a data-driven assessment to help you unlock your organisation's innovation potential.



Whether you’re a start-up, SME, or a multinational corporation, this report is your roadmap to enhancing innovation and staying competitive in today’s dynamic business environment.


How It Works


1. Complete the Survey

  • Add your organisation name and department (optional but recommended for a personalised experience).
  • Evaluate the performance of your organisation by rating statements across the five innovation dimensions.
  • Assess the importance of each innovation dimension in the context of your organisation by considering how critical each area is to your organisation's success and long-term goals when making your ratings.


2. Generate Your Report

  • Click “Generate Report” to check your data.


3. Purchase Your Report

  • Secure your comprehensive report for just $9.99 via our trusted PayPal gateway.
  • Payments can also be made with any major debit or credit card.


4. Download Your Report

  • After payment is successful, you can save your report by clicking the "Save Report" button. The button will trigger a download of your report to your device in PDF format. You will be prompted to choose a location on your device to save the report, allowing you to easily access it later.


Why Choose Us?


Our tool is built on proven methodologies and global benchmarks drawn from industry leaders. We are committed to helping organisations globally thrive by providing:


  • Clarity: Identify strengths and uncover gaps in your innovation journey.
  • Confidence: Base your next steps on solid data and expert insights.
  • Competitive Advantage: Develop a focused strategy for growth and adaptability.


Important Information


  • Review your responses carefully before purchasing, as no modifications can be made post-payment.
  • If you encounter any issues with payment or downloading, our support team is ready to assist you.


Take the First Step Toward Innovation Excellence


Get started now to review your innovation capability and capacity and equip your organisation with the insights it needs to innovate smarter and grow faster.

Likert Scale Survey with Spider Chart

TRL and CRL Assessment

For each category, please select the button next to the description that best fits the status of your product or service development. This tool will determine the appropriate TRL and CRL levels based on your answers. Once all categories have been completed, you will have the option to save a PDF report to view your TRL and CRL scores together with personalised actions.

Provide Your Details




Technology

1. Project work is beyond basic research and technology concept has been defined.
2. Applied research has begun and practical application(s) have been identified.
3. Preliminary testing of technology components has begun, and technical feasibility has been established in a laboratory environment.
4. Initial testing of integrated product/system has been completed in a laboratory environment.
5. Laboratory scale integrated product/system demonstrates performance in the intended application(s).

Product Development

1. Initial product or service market has been defined.
2. Pilot scale product or service has been tested in the intended application(s).
3. Demonstration of a full scale product or service prototype has been completed in the intended application(s).
4. Actual product or service has been proven to work in its near final form under a representative set of expected condition(s) and environment(s).
5. Product or service is in its final form and has been operated under the full range of operating conditions and environments.

Product Or Service Definition / Design

1. One or more initial product or service hypotheses have been defined.
2. Mapping product or service attributes against customer needs has highlighted a clear value proposition.
3. The product or service has been scaled from laboratory to pilot scale and issues that may be affecting achieving full scale are identified.
4. Comprehensive customer value proposition model has been developed, including a detailed understanding of product or service design specifications, required certifications, and trade-offs.
5. Product or service final design optimisation has been completed, required certifications have been obtained, and product or service has incorporated detailed customer and product requirements.

Competitive Landscape

1. Secondary market research has been performed and basic knowledge of potential applications and competitive landscape have been identified.
2. Primary market research to prove the product or service commercial feasibility has been completed and basic understanding of competitive products or services has been demonstrated.
3. Comprehensive market research to prove the product or service commercial feasibility has been completed and intermediate understanding of competitive products or services has been demonstrated.
4. Competitive analysis to illustrate unique features and advantages of the product or service compared to competitive products or services has been completed.
5. Full and complete understanding of the competitive landscape, target application(s), competitive products or services, and market has been achieved.

Team

1. No team or company in place - single individual, no legal entity.
2. Solely technical or non-technical founders running the company with no outside assistance.
3. Solely technical or non-technical founders running the company with assistance from outside advisors/mentors and/or incubator/accelerator.
4. Balanced team with technical and business development/commercialisation experience running the company with assistance from outside advisors/mentors.
5. Balanced team with all capabilities onboard - e.g. sales, marketing, customer service, operations, etc. - running the company with assistance from outside advisors/mentors.

Go To Market

1. Initial business model and value proposition have been defined.
2. Customers/partners have been interviewed to understand their pain points/needs, and business model and value proposition have been refined based on customer/partner feedback.
3. Market and customer/partner needs and how those translate to product or service requirements have been defined, and initial relationships have been developed with key stakeholders across the value chain.
4. Partnerships have been formed with key stakeholders across the value chain, e.g. suppliers, partners, service providers, and customers.
5. Supply agreements with suppliers and partners are in place and initial purchase orders from customers have been received.

Intellectual Property Management

1. No Intellectual Property Rights (IPR) have been defined or established.
2. Preliminary considerations for protecting intellectual property have been made.
3. A clear framework for defining ownership and shareholding in intellectual property has been developed.
4. A formal assignment of intellectual property exploitation rights has been created.
5. Comprehensive contractual agreements regarding intellectual property rights have been established.

Access To Finance

1. No financial resources or funding mechanisms have been identified or secured.
2. Preliminary discussions with potential funding sources have taken place, and initial options have been explored.
3. A detailed financial plan has been developed, and initial funding has been secured from one or more sources.
4. Diverse funding streams have been established, including public, private, or alternative financing, to support key project milestones.
5. Medium- to long-term financial sustainability has been ensured through well-established funding mechanisms, with secure and reliable access to required resources.

Manufacturing/Supply Chain

1. Potential suppliers, partners, and customers have been identified and mapped in an initial value chain analysis.
2. Relationships have been established with potential suppliers, partners, service providers, and customers and they have provided input on product or service and manufacturability requirements.
3. Manufacturing process qualifications, e.g. QC/QA have been defined and are in progress.
4. Products or services have been pilot manufactured and sold to initial customers.
5. Full scale manufacturing and widespread deployment of product or service to customers and/or users has been achieved.

Interested in improving your innovation management activities?

We are here to help!


Contact us to discuss how our innovation survey tool can allow you to gain useful insights unlocking your innovation projects potential.

Contact Us