Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 90, University of Canberra (School of Management, Faculty of Business, Government & Law), language: English, abstract: We are in a time of substantial economic, technological and organisational changes with several uncertainties. Latest and ongoing technological reforms have been improving our work environment by increasing our productivity, decreasing the risks of on job accidents or mistakes, and reducing the physical effort required on normal jobs which will allow workers to perform smarter and more effectively; potentially increasing their job satisfaction. These revolutionary changes are normal part of life. Change is essential, fascinated, scared and excited but important to plan, measure and evaluate it. In this modern world, key success factors for change are measuring and evaluating the change. Measuring change is extremely important. There is a saying, what gets measured gets done . Unfortunately, we are not very good at measuring actual innovation amongst firms precisely and accurately. We mainly rely on Gross Domestic Product (GDP) growth rate to indicate the expansion of innovation and its impact on our well-being through human development index (HDI). To develop an improved alternative measurement tool for innovation, it requires vital data availability augmented with smart thinking about appropriate ways to conceptualise new statistics. But still important is how managers, leaders and owners measure change in their organisations?