Remove who-are-we
article thumbnail

Open innovation resurgence during COVID. Why?

Jeffrey Phillips

There's been a resurgence lately in the concept of open innovation. I'm not quite sure why open innovation as a concept has received more press and more attention lately. It's not as though we have new open innovation methods or mechanisms, or that open innovation has demonstrated more effective outcomes.

article thumbnail

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?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Technology Scouting Software for Open Innovation

eZassi

Consumer demands have never been higher, and large organization who don’t innovate will eventually die (think of Blockbuster or Xerox). Large organizations like these can no longer exclusively rely on the internal R&D team or employee base to produce the product innovation and insights that will keep them in the game.

article thumbnail

The Innovation Hotline: How Colruyt Group is Championing Intrapraneurship with Collaborative Idea Generation

Qmarkets

Its rapid expansion from a small, family-run wholesale goods business in 1928 into a multinational conglomerate with 30,000 employees, can be attributed in part to the creative – and ingenious – ways it has crowdsourced ideas from employees. We form the ‘Centre of Excellence’ for idea management at the company.

article thumbnail

To accelerate innovation, focus on culture

Jeffrey Phillips

Intent focus on the unimportant In an effort to be seen doing something, when innovation is a priority most organizations will respond with alacrity, gathering teams to conduct idea generation. The focus is on successful completion of the idea generation activity, not on actual implementation of new ideas.

Culture 150
article thumbnail

Is your company just performing “Innovation Theatre”?

Idea to Value

Most companies say that they are investing in innovation. They will showcase large initiatives for gaining ideas and suggestions from across the organisation. They will point to their last brainstorming session and say how successful it was, how it produced hundreds of ideas (or at least post it notes).

Company 160
article thumbnail

The Goal: Ignite Innovative Culture

eZassi

This year is full of potential for innovative growth in your organization. Ezassi is your partner in measurable and achievable business goals with the help of our innovation software and services. This is a month-by-month prompt to spark the innovative spirit of your company and illuminate a brighter innovation portfolio this year.

Culture 40