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Innovation Management in 2023: Open Innovation & Partnerships

Innov8rs

When we collaborate more openly with others, our odds of solving real problems and creating value for our customers and users increase. For corporates, open innovation is all about being transparent and public about the challenges and themes they're looking to go after and solve, and then finding the best-fit partners for that.

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Driving Open Innovation Through a Culture of Collaboration

eZassi

Open Innovation is the grounded in the belief that great ideas can come from any source and an organization’s internal expertise will transform those ideas into market value. The challenge comes when an organization chooses to shift from a closed innovation system to an open one. From Traditional to Collaboration.

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Zebras - Not Unicorns - for Profitable and Scalable Corporate Innovation

Innov8rs

Beyond internal innovation, Zurich is also continuously looking for solutions externally. The organization collaborates with startups, academia, corporate peers, and other external partners including venture capital firms, accelerators and incubators, NGOs, and hackathons.

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Open Innovation News

IdeaConnection

It has been an exciting few days for open innovation with global companies launching big new open innovation initiatives. Among them are GE Appliances, Hyundai and Nissan. Here is a quick peek at some of the stories that have been making the headlines. Read more here. Read more here.

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Examples of Businesses navigating complexity by fostering Ecosystems.

Paul Hobcraft

This post further shows specific entities extending their Business Model through collaborative formats, partnerships and ecosystem designs. The company has embraced a culture of continuous learning, innovation, and adaptability, focusing on cloud services, artificial intelligence, and open collaboration to reduce complexity.

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How to Get Leadership Support for Innovation In Times of Crises

Innov8rs

Yet prioritizing long-term innovation is the key to surviving crises. And so, how to keep innovation alive during crises? How to get leadership support for innovation? In order to mitigate this risk, companies should embrace open innovation and seek out collaboration opportunities.

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The need for Transformational Innovation

Paul Hobcraft

Transformational innovation is one of the hardest, if not the hardest, to achieve. We have many innovation outcomes to choose from, including incremental, distinctive, radical or disruptive. Adapting to these evolving realities within many marketplaces required transformational leadership.