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Companies betting big on open innovation

hackerearth

Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

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Case Study: Xaxis Teaches Us About Accelerating Careers and Solutions

IdeaScale

Overview: Xaxis, the world’s largest programmatic media company, realized that despite the company’s global reach, it didn’t have a global innovation program. This has led to rapid growth; by 2017, it had over 3,000 clients in 47 different markets. The Challenge.

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Top Themes from Open Nation DC

IdeaScale

Contreras dived into the importance of goal-setting and quantifiable metrics to any innovation program. Instead, focus on “actionable metrics,” which are “leading indicators of achieving the aligned objectives of your innovation program.”. Planning for Open Nation DC 2019 is already in the works! Coast Guard.

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Announcing the 2016 Innovation Management Award Winners

IdeaScale

The City of Calgary is the winner of the Best Engagement Strategy for their myCityInnovation campaign, an internal program which is part of the broader City innovation program Civic Innovation YYC. What might your organization do to be more engaging, have better moderation, and implement the best innovation?

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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

In my work with companies who use innovation management platforms to run their innovation programs, I've noticed that this collaboration can usually be broken down into several categories. These would then share products, tech and insights with the company which had opened the hub, allowing for future development.

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What Does a Healthy Innovation Portfolio Look Like?

eZassi

The biggest take-away from the HBR report and subsequent reports is that for an innovation program to be successful, the focus should be a mix of incremental (core), adjacent and transformational initiatives. This mix will enable a program to deliver results both in the near term and long term. In 2017, Inc. Integration.

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5 Practical Ways For Creating a Successful Innovation Program

Acuvate

The goal of innovation programs is to encourage employees to come up with ideas – give them the opportunity to pitch their ideas, provide experimental capital to employees, test ideas, and then invest in the successful ones. But what accurately will it take to build a sustainable innovation program? Open Innovation.