Innovation Accounting: A Practical Guide For Measuring Your Innovation Ecosystem's Performance - Softcover

Dan Toma; Esther Gons

Softcover

ISBN 10: 9063696205 ISBN 13: 9789063696207

Publisher: BIS Publishers, 2021

Synopsis

"When a company is committed to growing through innovation – not just exploiting the existing business models – standard accounting documents offer insufficient and, oftentimes irrelevant data. Innovation Accounting is a practical guide for these companies to help them measure and track innovation. Most established organizations have understood the need to innovate and become more digital, however the management tools available to leaders seeking to understand the investments in innovation are lacking. Financial accounting in particular is difficult to use in the context of (digital) innovation. Therefore a new complementary system for measuring and tracking innovation is needed.

The book provides tools, frameworks, templates, and visualizations that can be easily understood and applied. These can all be used by executives looking for a new way of measuring corporate performance in a world where accounting-recognized assets are becoming commodities, by investors seeking better ways of looking at a company’s growth potential, and by managers who need to valuate innovation product teams using more than just financial indicators. Innovation Accounting is an essential go-to book for anyone that wants to measure their company’s innovation ecosystem."

About this title

About the Author

After co-authoring the award winning book The Corporate Startup, Dan Toma founded the consultancy company Outcome. Here he is helping large companies transform to be able to grow for the future while running their day-to-day core businesses. In this capacity he worked with blue chip companies around the world, most notably: Allianz, Bayer, DNB and DNV GL. In 2020 Toma was featured on Thinkers50 Radar List of management thinkers to watch.<br /><br />

Esther Gons is the founder and CEO of GroundControl. GroundControl is innovation software that focuses heavily on ?innovation accounting ?and helps corporate startup teams with ?the development of new business models. They work with clients such as Schiphol Group, DHL and ABN Amro. Gons is an international speaker on topics of corporate innovation, innovation accounting, portfolio management and startups. She has been an entrepreneur for over 20 years and mentored over several hundred startups, for example as investor at NEXT Startup Ventures, lead mentor in the Rockstart Accelerator programmes and Lean Startup Machine weekends.

Dan Toma and Esther Gons are the authors of The Corporate Startup, winner of the 2019 Golden Axiom Business Book Award and the 2018 Management Book Of The Year Award.

From the Back Cover

Innovation Accounting is a practical guide for companies to help them measure and track innovation. Financial accounting in particular is difficult to use in the context of (digital) innovation.

This book was a gold award-winning title at the Axiom Business Book Awards 2022, in the category Business intelligence/ innovation.

Edition details

• Publisher: BIS Publishers
• Publication date: 2021
• ISBN 10: 9063696205
• ISBN 13: 9789063696207
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 304