Go to Regional Summit - Frankfurt

Innovation Accounting

The traditional financial indicators used to estimate risk and productivity for today’s modern systems (e.g. NPV, IRR, MIRR, etc.) are insufficient to measure returns and risk of large and complex systems in environments that are high in uncertainty. To address uncertainty and increase speed to market, a different kind of accounting framework is needed to quickly validate product assumptions and increase learning. By attending this session you will learn how Innovation Accounting can increase business agility by reducing waste and leveraging fast-feedback to improve economic outcomes for large initiatives.

This is an ADVANCED session 

In this talk we discuss the Innovation Accounting and practical ways to apply it to large initiatives for today’s complex systems. Attendees will learn:

  • Realize the practical ways to apply Innovation Accounting to large initiatives
  • Consider how to implement an MVP and pivot or preserve decision using build-measure-learn feedback loop
  • See the value of developing and utilizing leading indicators as metrics rather than agile vanity (or lagging) metrics
  • How to prioritize initiatives using economics to maximize business agility
  • Specific implementation examples

Location: Potomac AB Date: October 3, 2018 Time: 2:00 pm - 2:40 pm Joe Vallone