Episode 10: Has your innovation actually been successful?

Innovation Ag

So, you’ve implemented change, well done! How do you know it was all worth it?

This episode is the final from our current series on 'how to innovate' - and it's time to take stock. But really, that all comes down how you measure your success.

In the first episode, "What is innovation?", we looked at three key motivators:
1) for growth and profit
2) for climate resilience or consumer future-proofing
3) for community building.
And it turns out these key motivators are also quite useful as metrics of success.

So, in this episode hear how social and cultural innovations have helped to forge bush tucker markets and create employment pathways at Worn Gundidj, an Aboriginal Cooperative in south-west Victoria; we discover how regional collaborations have created fit-for-purpose research and innovation across the Mallee region of Victoria and; we learn some of the key numbers and strategic questions you should be asking when measuring the success of an innovation.

GUESTS:

Dylan Kelly & Peter Lyles, Horticulture, Worn Gundidj (based in Tower Hill and Warrnambool)

Rebecca Wells, Chief Executive of the Mallee Regional Innovation Centre (MRIC)

Matt Dalgleish – Agricultural market analyst at Episode 3
This podcast has been created by the Victoria Drought Resilience Innovation and Adoption Hub and is funded through the Australian Government’s Future Drought Fund.

Luvut

1. Community Innovation in Horticulture (00:00:00)

2. Measuring Success in Agriculture and Innovation (00:15:03)

3. Fostering Innovation in Agriculture (00:27:59)

4. Market metrics and alternate metrics (00:35:15)

5. The Challenges and Considerations for Farmers (00:44:20)