Open Innovation
Why Open Innovation Fails— And How to Fix It
Open innovation—the practice of purposefully managing knowledge flows between internal and external sources to drive new ideas—is widely embraced. Yet, many ope…
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Open innovation—the practice of purposefully managing knowledge flows between internal and external sources to drive new ideas—is widely embraced. Yet, many ope…
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Innovation, as defined in the OECD's Oslo Manual (2018), is the introduction of a new or significantly improved product, process, marketing method, or organ…
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Customer experience has become a major differentiator for large companies. In a McKinsey survey of senior executives, 90% of respondents saw customer experience…
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Open innovation comes in all shapes and sizes, and how to implement it in your company can sometimes feel daunting. But it’s easier to get started than it might…
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No matter the industry, the co-creation of value is a hot topic. Marketing specialists swear by it, manufacturers and service providers try to integrate it into…
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More and more businesses are shifting from a user-centered design process to a collaborative experience as companies see the potential to benefit from their cus…
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Have you ever experienced a situation where your company receives a great idea from outside your organization that has the potential to speed up or improve a pr…
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As markets expand and customers’ requirements grow rapidly, businesses need to be ready to meet their clients’ changing needs. While coming up with solutions th…
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Becoming a great director of strategic partnerships is no easy feat. Becoming a director of any kind is a challenge in itself but directing strategic partnershi…
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In the same way, you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness.
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Interestingly, financing is not the top reason for start-ups to pursue partnerships, or even among the top three. Their top motive is getting access to the larg…
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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-…
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The co-creation process as a form of open innovation can seem challenging for any company. However, it can create great opportunities for businesses to meet and…
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Did you know that not that long ago, drones were one of the bestselling Christmas presents?
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Implementing open innovation in your business is not an easy task. It might be straightforward, but it is not easy.
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Typically, innovation managers are researchers, strategists, evangelists, or pioneers who venture on to become change agents, leaders, organizational designers,…
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Before assessing the three key models of open innovation, let’s take a step back and look at what open innovation means.
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I’ve caught up on some essential reading this weekend to be able to offer you a selection of the most inspiring thought pieces and research by world-renowned sc…
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The term living labs is often used interchangeably, and by many different authors, with other terms such as innovation cluster, ecosystem, community, network, t…
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While research on corporate-startup collaboration is not new, it has attracted increasing interest in recent years. In fact, there was a staggering 81% increase…
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This blog post is part of a series on successfully managing open innovation programs. In this series, I talk with experienced innovation managers to understand …
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