Innovation Accounting Training
Learn to predict innovation ROI and impact with our Innovation Accounting program. You'll learn how to:
- Map project impact
- Create a hypothesis-driven model
- Quantify uncertainty
- Make data-driven decisions
Work directly on your real project for any business model - B2C, B2B, multi-sided, or internal innovation projects. Taught by real entrepreneurs with real experience, you’ll get practical results you can use right away on real innovation projects.
CONTACT US
· In person or remote
· 12 hours of live sessions
· 10 hours of online material and exercises
· 4 : 1 attendee-to-coach ratio
· Peer-to-peer feedback + alumni group
· 1-year access + free upgrades
· Certificate of completion
What Kromatic Alumni Are Saying
Ed Essey, Director of Intrapreneurship - Microsoft Garage, Microsoft
"It's an incredible program! Thanks for the great experience. I'm excited for the new strategic potential that this kind of insight is unlocking for my business."
Ben Williams, Director of Business Development and Member Services, WPHCA
"I loved the online training, the resources, and especially the sessions with Tristan and team to talk through challenging points and hear from peers in similar situations. My high expectations were more than met."
Matt Jones, Director of Change & Insight, Curo
"I was hugely impressed with the quality of the Kromatic team and how well the sessions worked, especially given the range of background, ability, and time zones."
Practical Training for Innovation Leaders
By innovators, for innovators.
Our interactive program pairs you with a master coach to help you identify the practical metrics needed to make data-driven decisions.
You will:
- Measure product/market fit.
- Calculate your project’s odds of success.
- Prove a project is ready to scale.
- Identify and plan for key risks.
- Make data-driven “pivot-or-persevere” decisions.
Outcome
You’ll take home a complete, hypothesis-driven financial or mission-impact model you can use to make decisions on your innovation projects.
Make Real Progress
Each week you will commit to 3 hours of self-study sessions and 2 hours of interactive work with your coaches and peer group to turn theory into practice, making real progress on your innovation project.
Taught by Innovators
Our innovation coaches are experienced entrepreneurs and corporate innovators that have worked with dozens of accelerators and coached across 30+ industries. In addition to weekly sessions, we are always available online to answer any questions about your project.
Innovation Accounting Training
Curriculum
Session 1
Kickoff
Get to know your instructors and your peers! We’ll do some short icebreakers and then go through a live exercise to understand the challenges of estimating unknown outcomes far in the future. We’ll also introduce some tactics on how to improve estimates.
Session 2
Storyboarding & Metrics
We’ll create a storyboard or customer journey map of your user’s experience, then use it to define the key metrics that will drive the adoption and impact of your business. This is a critical step before defining a financial or mission-impact model.
Session 3
Financial & Mission-Impact Modeling
Based on your storyboard, we’ll construct a hypothesis-driven financial model of your user’s experience. This will show you whether your basic assumptions will actually lead to growth and achieve your financial or mission-impact goals.
Session 4
Practical Statistics
Don’t worry! We need to apply some statistical thinking to our financial model, but we don’t need to become experts at math. We’ll cover statistics in a very practical way so you know how to break out the calculator (and when you don’t have to).
Session 5
Measuring Product/Market Fit
We’ll combine the statistics we learned in the previous session with our financial or mission-impact model to create a Monte Carlo simulation. This replicates what will actually happen when you go live with your project, and allows you to predict the probability of various outcomes.
Session 6
Making Go/No-Go Decisions
Our last session gets to the heart of the program by understanding how we should be making our innovation decisions. We’ll use our Monte Carlo simulation to calculate your project’s odds of success so you can make a real pivot-or-persevere decision, as well as identify your riskiest assumptions and define precise next steps.
Your Coaches
Tristan Kromer
Tristan Kromer works with innovation teams and leaders to create amazing products and build startup ecosystems. He has worked with companies from early stage startups with zero revenue to enterprise companies with >$1B USD revenue (Unilever, Swisscom, Salesforce, Fujitsu, LinkedIn).
Peter LePiane
Peter has acquired a unique blend of experiences over the last 3 decades. He has advised large enterprises through agile and innovation transformation, volunteered in a fledgling venture capital firm, mentored startups in various incubators, professionally coached leaders and their teams, and operated as a change management consultant.
Kromatic has 56 partners in 16 countries with 1 mission: to help you re-design organizations, processes, and environments to make innovation a sustainable competitive advantage.
Frequently Asked Questions
How much does it cost?
Do you offer any discounts?
Does this work for B2B, multi-sided market, or internal innovation projects?
Do I need to bring my own project?
What if I have privacy concerns about my project?
Is this program for non-profit, government, or mission-impact projects?
Are there any prerequisites?
I can't make this schedule. Is there an alternative?
How big is the class?
Testimonials
The materials have completely changed my approach to sizing problems and opportunities and presenting the internal value of ideas.
Paul Taylor, Innovation Coach, Bromford
This was definitely the best online training that I’ve participated in. Others were designed for a big audience, but this was more personal – you really had the individual approach and the possibility to reach out to a coach.
Simon Laubscher, Senior Innovation Partner, Maersk Drilling
Innovation Accounting
How can we customize your training?
