The Innovation Show Expected Value xV - Revolutionizing Innovation Metrics with Simon Hill
Sep 30, 2025
Simon Hill, author and innovation expert at Wazoku, shares insights on revolutionizing how businesses measure innovation. He introduces the Expected Value (xV) framework, designed to distill complex projects into finance-friendly metrics. Discover how to avoid "zombie projects" and the pitfalls of innovation theatre. Hill explains the importance of aligning innovation with strategic goals and demonstrates the role of AI in enhancing decision-making. Packed with real-world examples, this discussion is essential for anyone looking to prove the value of innovation.
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Measurement, Not Innovation, Is Broken
- Innovation isn't broken; measurement is the problem that creates theatre and wasted budgets.
- Without a finance-language metric, innovation risks becoming invisible to CFOs and getting cut.
Financial Services Example Of Empty Metrics
- A global financial services firm invested millions across pilots but couldn't show bottom-line impact when pressured.
- The team had activity metrics and buzz but no system to translate work into P&L value.
Apply The XV Formula
- Use the XV formula: Confidence × Predicted Value × Time Sensitivity × Fit to score ideas objectively.
- Make XV a living metric to compare, prioritize and improve projects across the portfolio.
