The National Corporate Innovation Index (NCII) Project was initiated to measure the level of innovation within large organisations (i.e. Public Listed Companies (PLCs) and Government Linked Companies (GLCs) in Malaysia), enabling policy makers to develop data driven policies for driving innovation. The ultimate goal was to increase innovation output and raise Malaysia’s rankings on the international innovation scene. During the project, benchmarking exercises were conducted using both Malaysian and international innovation measures to ensure the robustness of the study. The scorecard was subsequently piloted with large organisations across multiple industries to ensure actual applicability. The resulting scorecard provided these organisations with a helpful step-by-step guide on how to progress within their specific innovation journeys. The companies that were involved in the pilot project were: The project was first launched by the Prime Minister of Malaysia in 2014. The Government agency in charge eventually deployed it to 200 companies within Malaysia. It has since been used to measure innovation within small and medium enterprises (SMEs) in Malaysia.
Read all about the project launched by the Malaysian Prime Minister: (1) Najib Introduces NCII to help companies become innovative, - The Sunday News (2) NCII to be a badge of honour, says Najib - The Rakyat Post |