How can companies measure the success of cross-functional teams in driving innovation and what key performance indicators should they consider when evaluating collaboration between departments?

Companies can measure the success of cross-functional teams in driving innovation by evaluating key performance indicators such as speed of decision-making, quality of ideas generated, successful implementation of new initiatives, and overall impact on business objectives. They should also consider metrics like increased efficiency, improved communication between departments, employee satisfaction, and the ability to meet project deadlines. By tracking these KPIs, companies can assess the effectiveness of collaboration between departments and identify areas for improvement to drive innovation within the organization.