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Co-creation with customers: Liebherr open innovation case study

HYPE Innovation

If you’re reading this, you’re likely keen to find out more about how to successfully manage your open innovation program. Perhaps you’re looking to try out co-creation innovation with your customers but don’t know where or how to start yet. Open Innovation

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Effective Co-Creation - A Guide to Open Innovation Programs

HYPE Innovation

Open Innovation is a challenging task for any company. Innovation ProgramsYet it yields great opportunities, and in this new world of digital transformation and rapid change in traditional markets, it's an approach CINOs have to consider. But how do you get started, and what do you have to consider to make it a sustainable part of your transformation strategy?

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The European Space Agency's Voyage Into Open Innovation

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. Open Innovation

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Top Challenges for Open Innovation and How to Solve Them

IdeaScale

Sometimes an innovation finds you. Innovation works best when it incorporates a broad network of perspectives. Open innovation, where a company invites outside groups such as academic organizations and non-profits to offer ideas to address challenges, can be a superb way to get those perspectives. However, some challenges must be addressed as you develop your innovation strategy. But a small amount of guidance can be a powerful tool for innovators.

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The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

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Common Fears of Starting an Open Innovation Initiative and How to Resolve Them

HYPE Innovation

Adding external elements to an internal innovation program can prove a true rite of passage. The transition requires an open culture, employee empowerment, and executive commitment. Open InnovationIn other words, considerable maturity (1).

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What You Need to Know About Open Innovation Programs

Rocketspace

Due to trends like digital transformation, corporate innovators in every industry started to look at and partner with much earlier stage startups. Working With Startups Corporate-Startup Partnerships Business Development Corporate Innovation Innovation innovation consultantsBut, these early-stage startups often need to go through many pivots before they can find product/market fit.

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Open Innovation at Bouygues – Innovating Across Business Units

Innovation Excellence

Vincent Maret is corporate director Open Innovation at Bouygues Corp. His goal is to drive competitiveness through innovation, leveraging agile methods, fostering open innovation programs, and supporting Bouygues business units in their transformation. Vincent has an extensive experience in marketing, strategy, innovation, project management, telecom and information technologies; as Marketing Manager; deputy R&D director with.

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Seoul Operating the “Seoul Tech Pavilion” at CES 2023

Open Innovation

PR Newswire reported that at the 2023 Consumer Electronics Show the Seoul Business Agency plans to showcase the Seoul Tech Pavilion’s innovative technology in the fields of ‘Mobility and ESG’ through open innovation in connection with major companies.

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Innovation Program Recipe for Success: The Three Essential Ingredients

Qmarkets

At Qmarkets we have spent the last 15+ years helping leading organizations to build and implement effective innovation initiatives. The definition of an innovation program can sometimes differ, so before we dive in let’s clarify what we mean when we use this term.

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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. Rather, I think, open innovation becomes interesting when we are distributed and looking for new ways of working.

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Open Innovation: Your Guide to Harnessing and Managing the Best Ideas

IdeaScale

Open innovation allows everyone to compete equally, whether their development budget is large or small. What is Open Innovation. Open innovation is a paradigm shift that assumes organizations can and should use external ideas as well as internal ideas to determine as path to market and advance technology. Why Open Innovation is an Equalizer. Employee Open Innovation : Dick’s Sporting Goods was a runner-up in the 2016 Innovation awards.

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The Four Essentials For Engaging the Crowd With Your Innovation Program

InnovationManagement

Each strategic consultation with an IdeaScale Innovation Strategist starts with you. The post The Four Essentials For Engaging the Crowd With Your Innovation Program appeared first on Innovation Management. Open Innovation StrategiesWhat outcomes would you like to see in 6 months time? in 1 year?

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How Liebherr Engages Its Customers with Crowdsourcing

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. Open Innovation

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The 3 Forms of Open Innovation

Svava

And how to gradually utilize them to implement a full scale open innovation program

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6 Don’ts For An Open Innovation Winning Formula

PlanBox Innovation

Open innovation (OI) can be a powerful approach for organizations to find groundbreaking ideas, develop new products and solve difficult problems. I have been involved in hundreds of open innovation projects — I have seen huge successes and, of course, many failures.

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What is your level of Innovation Maturity?

Braden Kelley

Introduction When it comes to innovation, no two companies are likely to be pursuing innovation in the same way, and they are also likely to be at different stages of innovation maturity. Because of this, even if you found out … Continue reading → Innovation diagnostics free innovation audit innovation maturity innovation programs innovation success metrics Open Innovation Success Surveys Tools

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New Open Innovation Platform for European Farmers

IdeaConnection

Farmers in Europe are set to receive open innovation help for implementing climate-smart agriculture policies and practices. This week saw the launch of Agrisource, Europe’s first open innovation platform for climate-smart agriculture (CSA). Powerful Open Innovation Support. The intention is for the open innovation platform to become a key resource for those seeking information or who want to innovate with CSA methods.

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5 Practical Ways For Creating a Successful Innovation Program

Acuvate

Innovation practice has made some amazing progress over the last few years. Large enterprises are trying various programs to foster new innovations in an attempt to find the best way to change course for their big ships. To resist ever-growing challenges, organisations are increasing their investments in innovation and deploying a variety of strategies. You’ve heard it a thousand times now: organisations need to invariably innovate to sustain. Open Innovation.

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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. Open innovation (OI) uses a mix of approaches, thereby affording higher responsiveness and flexibility while trying to grow beyond its core business. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

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Three Flavours of Open Innovation: breaking down institutional boundaries through the X-Factor, Speed Dating, and iOT

Imaginatik

A great deal of activity has been happening under the topic of ‘open innovation’, however we have found very different initiatives launched by our clients that challenge a common definition of the term. From this cross-client perspective we understand a broad set of practices and ambitions for open innovation, which we can begin to place in patterns of approach or flavours. We have just peeked at three different flavours of open innovation.

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Why do innovation programs fail

hackerearth

It is the failure to innovate that led to its “demise.”. In other words, it is because sometimes innovation strategies fail to produce products/ services that the customers want. Which brings us to the question, “Why do innovation programs fail?”. Below are 6 reasons why innovation programs can fail. Leaving innovation to chance is more often a gamble where odds are not always in your favor. Banking on a single program. Innovation advocate.

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Qmarkets Partners with Wellspring to Offer a Data-Enriched Open Innovation Platform to Enterprise Clients

Qmarkets

The partnership and integration allows Qmarkets clients to access hundreds of millions of innovation intelligence data points directly within the Qmarkets platform. As a result, Qmarkets is now able to offer clients a data-enriched end-to-end open innovation solution.

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Qmarkets Partners with Wellspring to Offer a Data-Enriched Open Innovation Platform to Enterprise Clients

Qmarkets

The partnership and integration allows Qmarkets clients to access hundreds of millions of innovation intelligence data points directly within the Qmarkets platform. As a result, Qmarkets is now able to offer clients a data-enriched end-to-end open innovation solution.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases.

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Open Innovation at $25 Billion AstraZeneca

Innovation Leader

Scott Wilkins of AstraZeneca and his colleague Rob Albert discuss the roots of the open innovation program at AstraZeneca and more

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Obama Receives Recognition for Open Innovation Achievements

IdeaConnection

President Barack Obama has been honored with the Award for Outstanding Global leadership in Open Innovation. This public and well-deserved recognition took place at the recent World Open Innovation Conference in Barcelona, Spain. Every year, the Garwood Center for Corporate Innovation at Berkeley-Haas wants to recognize a global leader who applies open innovation to create significant change.

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Why Your Innovation Program Needs a System of Record

Wellspring

While many organizations undertake serious innovation efforts, there are a number of issues that can cause the effort to stall or fail. One key point of failure is structural misalignment between the innovation team and the core product teams. Since any open innovation effort depends on a successive chain of interaction and cooperation between various teams, misalignment in resources and purpose is lethal to any successful outcome

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Measuring Your Innovation Maturity

Innovation Excellence

Introduction When it comes to innovation, no two companies are likely to be pursuing innovation in the same way, and they are also likely to be at different stages of innovation maturity. Because of this, even if you found out what your competitor’s innovation strategy was, it would be of no use to you.

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Scaling-up, the next frontier for innovation organization

Innovation Excellence

How to transform innovative bottom-up initiatives into a movement spread across the company? How to scale your innovation program widely? Here are a few lessons learned from creating innovation programs in Europe, and tweaking them to Africa and Middle-East contexts.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases.

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3 Open Innovation Reports You Need to Read Right Now

Planview

In the open innovation space, one regularly leads to the other. Read these three in-depth industry reports to find out the new rules of the collaborative economy, why the United States is leading the way in turning customer feedback into innovative products, and what challenges are soon to crop up in crowdsourcing. Companies Leverage Open Innovation Better than China. that are taking innovation initiatives to heart.

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How Covid-19 Changed the Way These Organizations Innovate

HYPE Innovation

Innovating During a Pandemic: How 4 Organizations are Thriving. Since the start of the Covid-19 pandemic, and, largely without realizing, I've embraced an additional role outside my usual designing, accelerating, and running open innovation programs.

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Can an Open Innovation Challenge Methodology Help Solve the Refugee Crisis?

Qmarkets

It’s time to realize the power an open innovation challenge methodology - specifically one that involves crowdsourcing - can have when it comes to affecting real change. Appropriate open idea management platforms can be employed to generate ideas, develop them through collaboration, and then evaluate the best proposals through crowd voting to identify the ones with the highest public support. Can open innovation challenge methods solve the world’s most pressing problems?

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The Innovation Sophistication Index

Destination Innovation

How can you assess how innovative your business is? The Innovation Sophistication Index is a list of just 24 statements. This is the Launch phase where the need for innovation is recognised but not much has been achieved so far. They believe that they need to be more innovative but are so busy meeting the needs of customers that they have not made innovation a priority not allocated the necessary resources and commitment to make it happen.

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Crowdsourcing at Work: Open Innovation with Unilever’s Foundry IDEAS™

Planview

One of those brands is Unilever , one of the world’s leading suppliers of Food, Home and Personal Care products that launched its crowdsourced innovation program , Unilever Foundry, last year, to make sustainable living commonplace by collaborating with innovators. Unilever Foundry is becoming a proven model for generating innovation and harnessing people’s ideas,” says Karen Hamilton, Unilever’s VP of Sustainable Business. The world has a lot of problems.

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How Organizations Can Build Incubators

Wellspring

Open innovation has hit the insurance sector, and many of the established giants are feeling the pressure. With industry giants like Nationwide , State Farm , Allstate , and AXA forming internal incubators and innovation programs to deal with the challenge from upstart competitors, the importance of open innovation to the longevity of their organizations has become apparent. Innovation Open Innovation innovation management

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3 Steps to Outsmart Corporate Innovation Failure Rates

Rocketspace

Corporate innovation teams are notorious for being money sinks and run the risk of being financial drains to organizations. If you’ve ever been down the path of setting up a corporate innovation program from scratch, you’ll likely hear through the advice of others or through your own (tough) lessons learned that failure rates are high. Working With Startups Open Innovation Team management Business Development Pilot Testing

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3 Steps to Outsmart Corporate Innovation Failure Rates

Rocketspace

Corporate innovation teams are notorious for being money sinks and run the risk of being financial drains to organizations. If you’ve ever been down the path of setting up a corporate innovation program from scratch, you’ll likely hear through the advice of others or through your own (tough) lessons learned that failure rates are high. Working With Startups Open Innovation Team management Business Development Pilot Testing

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When More is Less in Crowd-sourcing Innovation

Innovation Excellence

With crowd-sourcing innovation programs, the first impulse is to seek more ideas. In 2011, I launched the employee open innovation. Innovation Open Innovation Achieving Innovation CrowdsourcingIn most organizations, there is an omnipresent quest for more. Is more really better? What about idea quality? Does ‘more ideas’ work against idea quality? And if so, then what do you do about it?

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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. We propose you ask these twelve strategic planning questions and read through the suggested resolutions for energizing your organization’s innovative culture. 12 Resolutions to Ignite a Culture of Innovation. Assess the Innovation Pipeline.

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Embracing Organizational Ambidexterity

Wellspring

Although open innovation serves as a path towards greater openness in product innovation and organizational growth, it is not immune to the typical failures that can be found within any business system. Failures in open innovation programs don't necessarily mean that open innovation itself is flawed, but indicate that the particular program fell victim to various flaws in the execution stage.

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How to Work Like a Startup

IdeaScale

Startups are some of the most successful and innovative businesses out there right now. Their very nature makes them primed for innovation programs and effective development of new ideas. RocketSpace, a tech campus located in the Bay Area, has an open innovation consultancy which is specifically aimed at helping brands understand how startups work, how to work with them, and how to work like them.

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