15 Examples of Open Innovation between Big Companies and Startups Open innovation is a strategic game for big companies and one of the most important moves to consider for their innovation leaders is the allocation of focus and resources in the context of open innovation. Here we need to consider that big companies like GE, Cisco or Microsoft tend to have 8-12 different value pools (think suppliers, startups, customers or universities) to consider for their open innovation efforts. The challenge is that even companies that are good at open innovation only seems to be able to handle 3-4 value pools properly at the same time. I have no doubt that the value pool of start-ups and entrepreneurs is highly relevant value pool for most big companies and there are lots of initiatives that underscore my reflections. Just check out this list of corporate (open) innovation initiatives aimed towards startups.
Open Collaboration - The Next Economic Paradigm I’ve dedicated a lot of research over the last few years to understanding the deep trends that will define the next economy. As I’ve written elsewhere, the global economy goes through a creative-destructive cycle every 50 years. And now we’re in the midst of a collapsing paradigm that is soon to be replaced by something new. In this article, I will explain what the new paradigm is and how it will impact every sector of society — including business, government, education, and basic research. The Best Women's Travel Writing 2007 - Travelers' Tales Sample chapter Sample Chapter: Flirting in Paris by Kayla Allen She found the ultimate cure for existential despair. Rain shrouds the Bastille Farmers Market in Paris and I’m flirting with a tall, chain-smoking ruffian who looks like he hasn’t slept in a week.
Open Services Innovation Section » Open Services Innovation Open Innovation: Key Competitive Factor for Banks The Crowdsourcing.org website reports that the potential that open innovation yields for banks has been captured in a new study released by GFT, a leading international IT solutions providers to the financial sector. It’s increasingly important for financial institutions to differentiate themselves with innovative products and services–including 7 Steps for Open Innovation by @Lindegaard: Grading Your Company’s Open Innovation Capabilities I am happy to give you access to the PowerPoint presentation deck for my new concept, which I might turn into an open source project (see more below). The premise for the 7 Steps for Open Innovation tool is that if a company is not already fully engaged with open innovation efforts, it is way behind. This is evident by looking at the number of companies around the globe that today embrace the use of external partners and input into their innovation efforts. But even though companies continuously launch new initiatives designed to help them leverage the power of outside knowledge and resources to drive innovation forward, there is a sense within these companies that they can do better and take this new innovation paradigm to an even higher level. They are also eager to get external perspective to make sure they are maximizing results by using best practices in all aspects of their open innovation efforts. 1.
Chris Anderson’s “Makers” : when customers turn into community Don’t just look, do ! I’ve long refused reading the books of the top minds of the Valley, probably from fear I could be convinced and would have to change my “fixed mindset” as I recently discover my brain was working. Hopefully, I’m not yet 30 and YES, I did read one of these books and YES, it’s a game-changer for me at least. Dispatches from the front lines of management innovation - McKinsey Quarterly - Strategy - Innovation The Management Innovation eXchange (MIX) is a Web-based open-innovation project dedicated to catalyzing the creativity of thinkers and practitioners interested in reinventing management. That’s not an undertaking for any one individual or organization—it’s everybody’s problem, which is why the MIX is designed as a collaborative platform both to surface bold ideas and make progress on a set of make-or-break challenges. Earlier this year, the MIX introduced the first-ever management-innovation contest, the M-Prize, around three such challenges: redefining the work of leadership, increasing trust, and taking the work out of work. MIXers from all over the world contributed hundreds of entries.
Enneagram of Personality History The origins and historical development of the Enneagram of Personality are matters of dispute. Wiltse and Palmer have suggested that similar ideas to the Enneagram of Personality are found in the work of Evagrius Ponticus, a Christian mystic who lived in 4th century Alexandria. Evagrius identified eight logismoi ("deadly thoughts") plus an overarching thought he called "love of self". Evagrius wrote, "The first thought of all is that of love of self (philautia); after this, [come] the eight Open Innovation Open Innovation Innovation and entrepreneurship are at the heart of "creative destruction". In his book, Open Innovation, Henry Chesbrough describes a new paradigm of open innovation that is in contrast to the traditional closed model.