Assessing the innovation capacity of the consortium: an evaluation of the CAM‐I cost management systems program

Innovation is the core competency of the industry research consortium. The ability to capture the tacit or fugitive knowledge of participants and apply it to a business issue to create an implementable solution is the practical application. The cost management systems (CMS) program of the Consortium for Advanced Manufacturing ‐ International (CAM‐I) is currently exploring innovation as a research project. The first step was the use of Debra Amidon’s innovation assessment to evaluate the innovation capacity of the CMS program. This article focuses on the results and learning from the assessment.