Enterprise

Enterprise is the facet that looks at the ability of an organization to respond to changing circumstances. It focuses on innovation as the key indicator of the ability to do so.

About

Adapting to a competitive environment

Key metric

Innovation Income

Metric

Innovation Income is a metric that focuses on income generated from innovations.

Effect

Focusing on enterprise gives your organization the ability to adapt and react as a whole. It will give you a competitive edge as you innovate and outsmart the competition.

Focus

To adapt in a competitive environment you need to be efficient, energetic, fast, and customer oriented. Without these factors, change is too hard and will not generate flexibility or diversity. Therefore, improving enterprise, or scaling up, should be done when the other facets have increased in health.