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An Openly Innovative Attitude.

100%Open

Particularly after the financial crisis of 2008, people have been awoken about the interdependence of our economies. Although there has been resistance, many are starting to look at new ways to increase the efficiency and effectiveness of their innovation process, therefore, developing a new mindset.

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Now’s the perfect time to plot a course for the future

Innovation 360 Group

To simplify the analysis, the sixty-six capabilities measured in the InnoSurvey® are organized into sixteen aspects on our Wheel of Innovation. The Wheel of Innovation breaks down your results into manageable pieces and identifies what you need to do to emulate the patterns of successful innovators. Penker (2008-2011).

Course 52
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How much is innovation costing your organization?

Innovation 360 Group

Improve Your Innovation Platform – build a robust decision process at each stage. The innovation process can be unwieldy and costly to operate. Improve your innovation ROI with “The Wheel of Innovation”. The Wheel of Innovation Sawhney, Wolcott and Arroniz (2006).Penker Penker (2008-2011).

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71 Innovation Methodologies

Open Innovation EU

Focus stage: Maturity Published: 2008 more…. Open Innovation Customer Integration (Reger). End-to-End Innovation Process (Furr). Citizen-Drive Innovation (World Bank). Focus stage: Maturity Published: 2014 more…. Co-Creation (Prahalad). Focus stage: Growth Published: 2004 more…. Co-Creating Value (Ramaswamy).

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

By harnessing the collective intelligence and creativity of their customers they managed to reverse their downward spiral, and reinvigorate Lego as an innovative and fun product for audiences of all ages. Skip 20 years ahead and Lego have not forgotten how valuable external-stakeholders are to their innovation process.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

By harnessing the collective intelligence and creativity of their customers they managed to reverse their downward spiral, and reinvigorate Lego as an innovative and fun product for audiences of all ages. Skip 20 years ahead and Lego have not forgotten how valuable external-stakeholders are to their innovation process.

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Take Smarter Risks through Discovery Driven Planning

KindlingApp

This can, at times, conflict with a true innovation process because of the preponderance of unknown factors inherently involved when one innovates. However, stage-gate methods rely on certain guaranteed variables such as a set allocated budget, a timeline of events, and personnel responsible for various tasks.