Remove Design Thinking Remove Idea Generation Remove Information Remove Open Innovation
article thumbnail

33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” ” ( Chesbrough, 2003 ). Route 2: Co-patenting.

article thumbnail

Innovation thinking in Ecosystem and Generative AI design.

Paul Hobcraft

Verification and Validation: It’s critical to validate the generated ideas to ensure they align with your organization’s goals, are technically feasible, and have real-world applicability. This step may involve iterative processes of idea generation, refinement, evaluation, and real-life testing and prototyping.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Innovation Imperative

Gregg Fraley

In this inspirational speech Gregg Fraley answers the Why Innovation question, and informs as to what innovation means to you and your group. It advocates that innovation is an exciting part of everyone’s job, not “extra work.” Power tools and techniques for identifying new markets (Design Thinking).

article thumbnail

Digital Technology MoshPit

Gregg Fraley

For example, Blockchain is typically thought of as a database technology, so the obvious applications are where databases are used now, like customer information, order entry, or patient medical records. The secret sauce in the design of a MoshPit session is how fresh thinking is scaffolded through the discovery and idea generation process.

article thumbnail

Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

. “Gijs van Wulfen has created a wonderful innovation method, the Forth Innovation Methodology , to provide a systematic way to take ideas into tested business case concepts” The Baldrige Framework: In Pursuit of Excellence. “The value is that Baldrige is intentionally non-prescriptive.

article thumbnail

Disaster: CEO’s Ignoring Digital Innovation

Gregg Fraley

Things are moving too fast for 24-month stage-gate innovation project cycles. Even the magic of Design Thinking is not enough to inform you as to what projects to do and ensure success. The time for action immediately follows, and, as HBR indicates, it has to be done differently in this new environment.

article thumbnail

Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

In working with this extended innovation funnel model we have made one more interesting observation: The chances for identifying and implementing successful breakthrough innovations are greatly increased if the individual stages are orchestrated by Design Thinking (see e.g. here). Chosen level of openness.