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Ten Top Tips for Success with Open Innovation

Destination Innovation

Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Assess in what areas you need more innovation.  CEO Laffley at Proctor and Gamble set a target of reaching 50% of new product innovations from outside the company – the goal was met. 3. Assess your level of openness. Define what you want to achieve.

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Ernst & Young On Measuring Open Innovation

Hype

Consider for a moment the following three statements: Innovation results from lucky accidents; The more open the innovation process, the less disciplined; Innovation can’t be measured. You’ve been following this blog (and others), not to mention implementing innovation strategies for long enough to recognize these common misconceptions about innovation.

Open Innovation: 2 approaches towards value creation

Imaginatik

Open Innovation has been around for years. Open Innovation (OI) is no different. So, why invest in Open Innovation? As Proctor & Gamble years ago justified their open innovation approach, by understanding that there was 100x the number of product managers in the world than there were inside P&G so the decision to exploit OI was easy.

What are the top Corporate Open Innovation Models?

Rocketspace

The world's most forward-thinking companies have been looking outside of their walls to expand their new innovation pipeline with an open innovation strategy. But what exactly does this open innovation concept mean, and what is the best way to deploy programs? So what does corporate open innovation look like in practice?

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul will take us through the breadth of what open innovation can be for organizations and the value it can bring. Of course, innovation where other parties are involved means a different leadership approach. Who is using Open Innovation?

Open Innovation in Barcelona

Open Innovation

In two weeks, #WOIC2016 will attract open innovation scholars from around the world the 3rd annual World Open Innovation Conference. (It is also the first-ever outside California, a day I have been hoping for since we launched WOIC back in 2014). The plenary sessions include the vice mayor of Barcelona, an award-winning chef, the EU Commissioner for Research, Science and Innovation, a Philips VP, and directors from Telefonica and a local hospital. conferences open innovation WOIC 2016 World Open Innovation Conference

The rise of open innovation

Exago

Now, open innovation is trendy. The post The rise of open innovation appeared first on www.exago.com. Blog Insights engagement innovationacrossborders open-innovationJust a little over two decades ago, engaging external stakeholders was a rare thing. Why is this? For a start, change has become the rule.

Lufthansa’s Inflight Open Innovation Platform

IdeaConnection

The German airline has come up with a neat way of doing open innovation and that is with its FlyingLab, which involves passengers testing new products and services while they are flying. “A FlyingLab actively integrates the passengers into the current innovation considerations of the Lufthansa Group,” said Dr. Torsten Wingenter, Head of Digital Innovation.

Open Innovation: Overcoming cognitive bias in innovation projects

Innovation Excellence

This is cognitive bias and it is the enemy of innovation. Innovation Open Innovation Processes & Tools Innovation Management Product Management product managersYou’ve likely heard of the curse of knowledge or sometimes it is called the curse of the expert.

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

In this session, we’ll examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. Which partners and how many? Which methods?

Picking the Right Stakeholders for Open Innovation

InnovationManagement

What external stakeholder groups can you tap into to build value for your innovation initiatives? If so, what is your plan for reaching out to organizations within these pools so that you can further expand your innovation ecosystem? Strategies communication ecosystem enterprise innovation innovation strategy MNC open innovation SME stakeholder management Stakeholders strategic partnershipAre your relationships with these external stakeholder groups solid or do you need to do additional work to build good, mutually beneficial working relationships?

Open innovation, open science and open to the world

Innovation Excellence

A new paper from the European Union outlines their attitude and approach towards open innovation in Europe. collaboration Innovation Open Innovation Strategy open access Open Data Open Science

Managing Open Innovation: one challenge/ coping strategy at a time

Hype

We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains). Open InnovationA few months ago, The Economist published an excellent piece on how the fashion for making employees collaborate had gone too far.

Brush Up On Your Open Innovation Know-How With The Best Of Henry Chesbrough’s Work

Hype

Open InnovationNowadays, the Internet is littered (in a good way!) with applications designed to help you brush up on your know-how. Whichbook , for example, uses scales – i.e., “Larger than life - Down to earth”, “Optimistic - Bleak”, to generate your next inspiring Sunday read. Want to get better at producing music or just in need of some Monday Productivity Pointers ?

Open innovation and the fight for your audience

Exago

Apple, Lego, Philips, Samsung, IBM, GSK and, most recently, Tata Steel, among many others – all have adopted open innovation initiatives to expand their organisations’ horizons. The post Open innovation and the fight for your audience appeared first on www.exago.com. Blog Insights business transformation open-innovationRead More.

Building A Collaborative Innovation Playbook

Speaker: Greg Satell, Innovation Advisor, Speaker and Author

In this session, we’ll examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. Which partners and how many? Which methods?

A National Open Innovation Strategy for Austria

Innovation Excellence

Austria kicks off the new years with an Open Innovation Strategy, a first of its kind globally. Continue reading → Feature Of The Week Austria collaboration Gertraud Leimüller global open innovation strategy Strategy winnovation

Open Innovation: A Tried and True Approach

Rocketspace

In the summer of 2014 , much of the tech press was amused, and even a little aghast —McDonald's had opened a digital incubator in San Francisco. How have we reached the point where even hamburger restaurants are embracing Open Innovation? Open InnovationThis smelled of the worst sort of Silicon Valley me-tooism.

Crossing Participative Innovation with Open Innovation (1/2)

Rapid Innovation in digital time

What is Participative Innovation? And how does it intersect with Open Innovation with the Crowd? Continue reading → Innovation Chesbrough Cocreation crowd sourced innovation CrowdInnovation Open Innovation Participative innovation

Design the Right Open Innovation Project

Innovation Excellence

Open Innovation is now widely recognized as a way to enhance options for innovation by accessing external assets. Continue reading → Business Models Innovation Management Open Innovation R&D collaboration Innovation Management Process

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship with tenure at industry-leading companies, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs. In this session, you will learn: How to find opportunities to collaborate outside the organization to accelerate innovation.

Three Flavours of Open Innovation: breaking down institutional boundaries through the X-Factor, Speed Dating, and iOT

Imaginatik

A great deal of activity has been happening under the topic of ‘open innovation’, however we have found very different initiatives launched by our clients that challenge a common definition of the term. From this cross-client perspective we understand a broad set of practices and ambitions for open innovation, which we can begin to place in patterns of approach or flavours.

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Winners of Nokia’s 2016 Open Innovation Challenge Announced

IdeaConnection

A big round of applause is due to the winners of Nokia’s 2016 Open Innovation Challenge, a global search for the next big ideas in the Internet of Things (IoT). Among the winning concepts was a firewall for the connected home and a home medical innovation that can help with the early detection of breast cancer. Open Innovation Winners. Next Steps .

Six must-haves in the quest for open innovation success

Exago

We’ve seen how open innovation is stepping in to tear down more traditional corporate walls and to give you access to new sources of possibilities: the ideas, insights, opinions and visions of clients, partners, consumers and scientific and academic communities. The post Six must-haves in the quest for open innovation success appeared first on www.exago.com.

ELIS launches open innovation challenge for social and individual development

Exago

The post ELIS launches open innovation challenge for social and individual development appeared first on www.exago.com. Blog Clients' success stories collective intelligence engagement initiative-success open-innovation participationELIS, in association with. Read More.

An Introduction to Open Innovation


AN INTRODUCTION TO OPEN INNOVATION. It is one of history’s notable innovations. This paper is an introduction to innovation and its possibilities and practice. 2INTRODUCTION  TO  OPEN  INNOVATION A Solution for the Working Class 
Innovation covers a range of outputs, both large and small. innovation is: “significant, positive change.”3.

Open Innovation – Evolving from the Exotic to the Everyday

Innocentive

Since their re-emergence at the turn of the millennium, crowdsourcing and open innovation have been buzz-phrases of the business world - frequently spoken, but less frequently understood. Open innovation has evolved from the exotic, to the everyday. Innovation InsightsThey represented excitement, novelty, competitions, rapid results.

Open Innovation to Help Sick Children

IdeaConnection

It has launched an open innovation competition, along with the Institute of Pediatric Innovation (IPI) to source ideas for a package and dispensing device that will make it easier to dispense medicine to children. The Open Innovation Device Challenge is seeking an innovation to help counter some of the problems of giving medicines orally to children.

How to create valuable open innovation ecosystems

Exago

From building consumers’ loyalty through to establishing new partnerships, improving products and identifying more business opportunities – open innovation can bring companies remarkable benefits. The post How to create valuable open innovation ecosystems appeared first on www.exago.com. Blog Insights

Open Innovation is the new normal, with Hannes Erler, at Swarovski

Rapid Innovation in digital time

"Over the years, Open Innovation has become the new normal" states Hannes, Director Open Innovation Networks at Swarovski. Continue reading → Innovation Design Thinking Hannes Erler Open Innovation Swarovski

Can You Involve the Crowd in Your Innovation Initiative?

Open  Innovation     Crowdsourcing, network intelligence, customer or employee engagement – these are the. different names that we put to a very basic process called “open innovation.”. Crowdsourcing.org defines open innovation as sourcing “outside of the entity or group to. already about to burst open. what the gains of innovation are. We’ve.

Open Innovation and Crowdsourcing Best Practices

Hype

Open innovation (also known as user, cumulative, mass, or distributed innovation, or as know-how trading) and crowdsourcing are both affordable, reliable, powerful ways to keep your company on the cutting edge of innovative ideas and products. First, you need to understand when to utilize open innovation and when crowdsourcing is the better option.

Where in the world is the audience for your open innovation programme?

Exago

As we've seen before, you’ll have to create audience-centric content to capture your open innovation audience. The post Where in the world is the audience for your open innovation programme? Blog Insights engagement open-innovationYour communication plan needs to include key timing, targets, formats and messages – to meet programme objectives.

World Open Innovation Conference 2015: Final Program

Open Innovation

Thu 10:30 AM (Salon D): Modes of Open Innovation; Moderator: Marcel Bogers Mehdi Bagherzadeh and Sabine Brunswicker Mix and Match: Preferred ‘Mix of Open Innovation Modes’ for Solving Innovation Problems Roberto Camerani, Stefano Denicolai, Monica Masucci and Giovanni Valentini The Interplay of Inbound and Outbound Open Innovation and its Impact on Firm Performance Saumya Amarasinghe, Kenneth Husted and Frank Siedlok How Revealing is Revealing? Gabriele Santoro, Stefano Bresciani and Alberto Ferraris Open Social Innovation: What Future?

The promise of open innovation

Exago

While the idea goes back to the 60s, Henry Chesbrough, faculty director of the University of California’s Center for Open Innovation, coined the expression ‘open innovation’ in 2003. The post The promise of open innovation appeared first on www.exago.com. Blog Insights open-innovation

Innovation Starter Kit


AN INNOVATION PROJECT MAP. HOW  TO  GET  STARTED IDEASCALE 
Innovation is the introduction of significant, positive change. And with open innovation, the solution or. However, innovation actually begins long. groundwork for innovation long before the. streamline the innovation process no matter. will help you plan your innovation program.

Open Innovation: An Event or System?

Innocentive

Open innovation has its history in point solutions – one specific issue was placed to a crowd and one specific solution was sought. This framework certainly still has validity today, but as methodologies have improved and tech platforms developed, open innovation for some has moved beyond this singular event. Innovation Insights

Multi-Target Look at Social Media and Open Innovation

Innovation Excellence

The starting point, I believe, is to understand that a multi-target approach is needed because most open innovation efforts lie in three different circles. Feature Of The Week Customers Disruptive Innovation Innovation Leadership Open Innovation Social Media users UX Visionary LeadershipThere.

Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Journal of Product Innovation Management (West and Bogers, 2014) This article was previously summarized on this blog.

Crossing Participative Innovation with Open Innovation (1/2)

Innovation Excellence

What is Participative Innovation? And how does it intersect with Open Innovation with the Crowd? Continue reading → Business Models Innovation People & Skills Processes & Tools collaboration Chesbrough Cocreation crowd sourced innovation CrowdInnovation Open Innovation Participative innovation

6 Ways to Create a Successful Innovation Program

The practice of innovation has come a long way, and for good reason. In response, even the largest, most established firms have prioritized creating a culture of innovation in order to thrive in the coming. is the world’s largest provider of innovation management solutions. Having worked with the top innovation leaders across all major. goal of their innovation programs.