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A Proposal for a Standard With Innovation Management System

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Anna Arnò, Stefano De Falco and Guglielmo Trupiano<br />

However, in this critical scenario described above, a real opportunity of competitive advantage could<br />

be developed <strong>for</strong> those companies that can consolidate or gain market share through their ability to<br />

select, acquire and manage knowledge at lower costs, thus increasing their intellectual capital and<br />

generating new economic value.<br />

These companies are those that can best be characterized by the index proposed by AICTT, CTP<br />

"Company Technology Per<strong>for</strong>mance", ie the ability to generate innovations (and hence to develop<br />

competitiveness) against low investments (as a result of actions taken to optimize business resources<br />

already present "in-house ") in: knowledge, research and development, CRM, training, patents,<br />

technology tools, consulting and supply.<br />

Thus defined, the CTP index is there<strong>for</strong>e not a static measure, and does not represent, by far, the<br />

ability to innovate, but rather it is a dynamic quantity, which measures the sustainability of innovation.<br />

And in that sense, measure and evaluate the technical per<strong>for</strong>mance of a company can be a key to<br />

assessing the sustainability of tactical and strategic decisions <strong>for</strong> the consolidation, or the potential<br />

growth of the firm's market position.<br />

The evaluation of the company technological per<strong>for</strong>mance is certainly a complex and delicate activity,<br />

infact, the CTP index is determined by the ability to increase, enhance, preserve and develop its<br />

intellectual capital, and to use it <strong>for</strong> the achievement of economic and financial purposes (<strong>for</strong> example,<br />

to negotiate access to credit, precisely on basis of an objective measure of sustainability of an<br />

investment in innovation).<br />

The urgency to develop, validate and apply a methodology <strong>for</strong> assessing the technical per<strong>for</strong>mance of<br />

companies is due to the fact that many companies, and the a<strong>for</strong>ementioned structural condition of the<br />

global economy represents a litmus test , are run by managers not aware of the intangible values and<br />

in these same organizations, the skills, best practices and in<strong>for</strong>mation essential in making the policies<br />

of subsistence and development, are jealously guarded by individual employees or, even worse, from<br />

the occasional consultants. So, <strong>for</strong> these companies are configured too high and oversize costs of<br />

acquisition of knowledge, and are found, typically, the obvious difficulties in using the knowledge to<br />

generate economic value prior to their heritage of corporate knowledge becomes obsolete, together to<br />

the total inability to use these assets as leverage.<br />

Consistent with the premises, the evaluation of CTP index is carried out in three key areas:<br />

� Economics of Knowledge: the ability to turn knowledge into results of corporate income;<br />

� Knowledge Engineering: ability to manage corporate knowledge (which means remove it, clean it,<br />

structure it, encode it, store it, distribute it, regenerate it, in a continuous cycle and permanent);<br />

� Finance Knowledge: Ability to organize, measure, document and convert the asset value in<br />

corporate knowledge (intellectual capital, which is made of relations, human resources and<br />

equipment resources, the value of the production cycle, both in manufacturing than in services).<br />

For each of the three lines, the measure of the Company Technological Per<strong>for</strong>mance is conducted<br />

through the recognition of a schedule of key per<strong>for</strong>mance indicators (KPI) objective and verifiable.<br />

Valued all indexes, it is possible to position the company about technological per<strong>for</strong>mance in terms of<br />

overall score and scores shared <strong>for</strong> indicators of a specific director, identifying gaps and emerging<br />

corrective actions.<br />

One of the possible methods of synthetic representation of the CTP index is that used <strong>for</strong> energy<br />

efficiency subsisting, between the two indexes, an analogy much deeper rather than only semantics.<br />

6. Benefits of certification proposal<br />

Finally and very briefly, the certification in question is intended to provide a series of intrinsic and<br />

extrinsic benefits to all players in the process of innovation.<br />

6.1 Advantages <strong>for</strong> companies<br />

Companies that decide to adopt a voluntary system of certification as proposed, as a first intrinsic<br />

advantage, have the opportunity to optimize their internal resources related to the innovation process,<br />

and as extrinsic advantage, can have easier access to credit to Research and <strong>Innovation</strong>, in its<br />

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