Commodore Innovation L.L.C.

We think companies can measure better all along the innovation pipeline, but if you asked us what sorts of activities need the most improvement vis-à-vis measurement? It’s not even close: it’s at the front end. Read More

We thought we’d better go ahead and address this one right up front. What is “dead reckoning” and why on earth would we pick that as the name of our blog? Read More

One of the reasons we started Commodore was concern about a decline in Total Factor Productivity (TFP) in many major economies (e.g., US, China, Euro area). TFP is, put simply, the portion of economic growth that occurs from using either labor or capital more efficiently—in some ways it’s a measure of innovation within an economy. (A certain Commodore founder, who shall remain nameless, has been a bit of an economics geek ever since he watched Mr Hyslop furiously describe price elasticity of demand on a dusty chalkboard in Fifth Form Economics.) Read More

Over the last ten years—both in my practice as an innovation consultant and in the literature—I’ve seen a recurring theme among people paying attention to innovation in large companies. Consistently, they rank innovation among their highest priorities and consistently, they’re not happy with how it’s going. Read More

The way companies measure innovation initiatives is outdated. Despite all the progress that has been made in innovation practice in the last decade, firms are still measuring innovation in much the same way. And let’s not forget that what gets measured gets done (with apologies to Drucker, Lord Kelvin, Rheticus or whoever the original source was). Read More