Endorsement of an innovation by GInI is GInI’s recognition of a specific, individual innovation that a business has conceived and implemented, as measured by that innovation’s value and actual business impact. Endorsement thus serves as a means of validating the business’ efforts and outcomes without requiring it to reveal confidential details to the public.
Endorsement of an innovation by GInI signifies that the innovation has not only satisfied the qualification requirements set by GInI, but just as importantly, has demonstrated its true merit as an innovation on the basis of its actual adoption, usage, and business impact, delivering value where none existed previously. Thus irrespective of whatever acclaim, recognition, and/or financial success it might have otherwise achieved, the innovation is recognized for its real business impact. Since not every purported “innovation” meets GInI’s strict qualifications, having one’s innovation endorsed by GInI is an honorable achievement.
GInI offers three tiers of endorsement based on the type of innovation and the scope of effort associated with executing it. These are:
In general, higher tier innovations by their very nature require more effort and more investment to achieve than do lower tier innovations. These higher tier innovations also represent the greatest risk/reward profile. They are therefore rarer and thus more prestigious.
In order for a business’ innovation to be endorsed by GInI, it must:
If an innovation can meet these four qualifications, then it is eligible for endorsement.
GInI Innovation Endorsements are valid for the life of the innovation and never expire.
Endorsement also offers the opportunity for the organization to have those individuals who contributed to the realization of the new innovation officially recognized by GInI as Recognized Innovators, there is an optional fee of 100 USD per individual to have GInI officially recognize the contributors to the innovation as official GInI recognized innovators - which includes GInI issuing a corresponding Recognized Innovator Certificate to each such individual.
GInI places no restrictions on the nature or type of business that may apply for an Innovation Endorsement. The business can be in the private or public sector, privately-held or publicly-traded, for-profit or not-for-profit, SME or MNC, and so forth. The business may even be a sole proprietorship. What is important is the nature of the innovation and the details of its conception, definition, development, and deployment, regardless of who or what the business is behind it. Accordingly, GInI does not discriminate on the basis of any factor relating to the business itself.
The GInI Innovation Endorsement is intended for actual, real innovations that a business conceived, defined, developed, and deployed into real-world usage. The nature of these innovations can range widely – from innovative new internal processes and/or process changes, to innovative improvements in existing offerings, to radical, breakthrough innovations never ever seen before. All of these are fair subjects for endorsement so long as they meet the qualification requirements set forth by GInI.
Endorsement signifies that the business involved is the one who has conceived, defined, developed, and deployed the innovation.
Endorsement further signifies that the innovation involved has demonstrated its true merit on the basis of actual adoption, usage, and business impact, delivering value where none had existed previously. Endorsement is an honorable achievement given that not every purported “innovation” meets GInI’s strict qualifications.
Endorsement is an excellent means for a business to demonstrate to the world how effective its innovation efforts have been, and by association, how innovative of a business it is.
Endorsement also offers the opportunity for the organization to have those individuals who contributed to the realization of the new innovation officially recognized by GInI as Recognized Innovators
In order for a business’ innovation to qualify for endorsement by GInI, it must meet all four of the following criteria:
In order for a business’ innovation to achieve endorsement by GInI, the business must successfully complete the following seven-steps:
The CInOrg Assessment scores and ranks each of the 30 Categories in the GInI Innovation Maturity Assessment Tool (InMAT) on a scale of 0 – 10, and weights these according to specific GInI guidelines. The final overall score is therefore a weighted average of these 30 Categories and will thus also range between 0 and 10. This allows organizations to be recognized as a Certified Innovative Organization® at one of the three possible levels, as reflected in the following chart.
Once granted, GInI Innovation Endorsements are valid for the life of the innovation. Therefore no maintenance or renewal efforts are required to maintain the endorsement.
There is a one-time Administrative Processing Fee of 1,000 USD to apply for a GInI Innovation Endorsement, payable to GInI. This does not include the fees the business will pay to the ATAP for conducting the Innovation Endorsement Application process.
There is an optional fee of 100 USD per individual to have GInI officially recognize the contributors to the innovation as official GInI recognized innovators - which includes GInI issuing a corresponding Recognized Innovator Certificate to each such individual.