Innovation Fundamentals Training Direct ROI

How Innovation Training can result in direct and measurable value to an organization.

Greg Lemmon, Statistician, Eureka! Ranch

This paper explores the impact of an employee’s innovation training on their company. Over 3,000 students have taken the Innovation Engineering Fundamentals Course at universities, in-person training, and the current online version of the course for companies. This study evaluates the past 7 certified students who completed the online training on behalf of their company. To earn their certification each student had to complete a project and apply the skills they learned during the course. These projects each have their own project value to their company. Project values can be potential new revenue, cost savings, or a combination of both.