Innovation Initiative Tracking and Prioritization Template

More innovation templates

Stay ahead in the dining and hospitality industry by efficiently managing your innovation projects. This template helps you prioritize and track progress to ensure each initiative is completed on time and within budget.

With detailed steps for identifying, evaluating, and allocating resources to projects, as well as regular updates and stakeholder reporting, you'll have all the tools you need to drive innovation successfully.

Get this template on priority matrix

Innovation Initiative Tracking and Prioritization for Priority Matrix

Innovation Initiative Tracking and Prioritization in Priority Matrix

Prioritize and track your innovation projects to ensure timely and budget-compliant completion.

You can start using Innovation Initiative Tracking and Prioritization or other Innovation Project Templates with Priority Matrix in just a few steps:

  1. Click to sign in or create an account in the system
  2. Start adding your items to the matrix
  3. If you prefer to use the Mac and Windows app download Priority Matrix and take your data with you
If you have any questions and you can't find the answer in our knowledge base, don't hesitate to contact us for help.


Proposed Tasks

Urgent and Important

  • Task 1: Identify all current innovation initiatives due in 1 week
    ☐ Subtask1: Compile a comprehensive list of all ongoing innovation initiatives. ☐ Subtask2: Categorize them based on their current status and potential impact.
  • Task 2: Evaluate the urgency and importance of each initiative due in 2 weeks
    ☐ Subtask1: Use the Eisenhower Matrix to prioritize each initiative. ☐ Subtask2: Assign each initiative to a quadrant based on its urgency and importance.

Important, Not Urgent

  • Task 3: Assign resources to each initiative due in 3 weeks
    ☐ Subtask1: Determine the resources needed for each initiative. ☐ Subtask2: Assign the necessary resources to each initiative.
  • Task 4: Schedule regular check-ins for each initiative due in 1 month
    ☐ Subtask1: Schedule regular check-ins to track the progress of each initiative. ☐ Subtask2: Adjust resources or timelines as necessary.

Urgent, Not Important

  • Task 5: Review and update the priority matrix due in 5 weeks
    ☐ Subtask1: Review the priority matrix regularly to ensure it is up-to-date. ☐ Subtask2: Make adjustments as necessary based on the progress of each initiative.
  • Task 6: Report progress to stakeholders due in 6 weeks
    ☐ Subtask1: Prepare progress reports for each initiative. ☐ Subtask2: Share these reports with stakeholders regularly.

Neither Urgent nor Important

  • Task 7: Identify potential new initiatives due in 2 months
    ☐ Subtask1: Keep an eye out for potential new initiatives. ☐ Subtask2: Evaluate their feasibility and potential impact.
  • Task 8: Conduct post-project reviews due in 10 weeks
    ☐ Subtask1: Once an initiative is completed, conduct a post-project review to identify successes and areas for improvement. ☐ Subtask2: Use this information to improve future initiatives.