How can companies measure the success and impact of cross-functional teams in driving innovation and achieving organizational goals?

Companies can measure the success and impact of cross-functional teams in driving innovation and achieving organizational goals by tracking key performance indicators specific to each team's objectives, such as time to market, product quality, and customer satisfaction. They can also conduct regular reviews and evaluations to assess the team's progress and identify areas for improvement. Additionally, companies can gather feedback from team members, stakeholders, and customers to gauge the effectiveness of the team's collaboration and innovation efforts. By analyzing data and feedback, companies can determine the ROI of cross-functional teams and make informed decisions on how to optimize their performance.