How to Approach Open Innovation: The 15inno Open Innovation Roadmap As we can define open innovation in many ways, there are also many different approaches to open innovation. How do you get started? OVO Innovation has developed a topology that builds on two defining attributes. It is a good inspirational starter. Participative or Invitational: Should the sponsors invite specific people to submit ideas or should the innovation effort be open to all interested partners? Suggestive or Directed: Should the ideas be influenced or directed by topics or needs specified by the sponsor, or should the participants be allowed to submit ideas with no asserted boundaries or conditions?
Social Business – Rethinking Innovation, Organization and Leadership Over the course of the last few weeks I have been engaging on a good number of conversations around the subject of Leadership (Which I am hoping to be talking about plenty more very soon, by the way, once a publication makes it out there in the next couple of weeks…), and how social networking is changing the way we view traditional management / leadership moving along from a command-and-control attitude into one of leaders as servants, which clearly comes to define, in my opinion, the next generation of leaders 2.0 for the 21st century. But, I am sure you may be wondering, what would it look like, right? How do we identify those new, emerging leaders both within the workplace, as well as in our own societies? How do we make them stand out and help them lead us in such a complex, global and diverse environment? What would we have to do to transition successfully into that kind of new leadership?
Blogging Innovation » Get Ready to Accelerate the Innovation Profession Sometimes you become concerned, this is one of those moments. I’m getting concerned that we need to take some urgent action. The Corporate Innovation Manager – is stuck in the middle. Recently I was going through a report, a very helpful one on the on the Corporate Innovation Function – summarizing key findings and detailed results from a study commissioned by HEC Paris. I was also reading some views expressed by Reinhard Büscher, Head of Innovation Policy at the European Commission, on the role of the innovation manager (IM). Both paint a rather dismal picture of the position of the Innovation Manager within organizations – very fuzzy not yet well defined.
Consumer Innovation as New Economic Pattern When he was finished, Mr. Reetz, now 29 and working at Disney Research’s laboratories, put his 79-step how-to guide on a Web site. Since the post went up nearly two years ago, about 1,000 people have joined Mr. Reetz’s forum, and about 50 have built their own scanners from castoff furniture, aircraft aluminum, whiskey boxes and plastic foam. Do-it-yourselfers like Mr. Reetz may not know it, but their tinkering is challenging a deeply entrenched tenet of economic theory: that producers, not consumers, are the ones who innovate. The Phoenix Principle Tesla is Smarter Than Other Auto Companies “Car dealers are idiots” said my friend as she sat down for a cocktail. It was evening, and this Vice President of a large health care equipment company was meeting me to brainstorm some business ideas.
The Innovation Secrets of Steve Jobs: Insanely Different Principles for Breakthrough Success What kind of genius creates a product and brand that is so strong and so powerful that people will wait outside the handful of retail outlets that distribute the product, even though … The product has some technical features which are less desirable than the alternative?It has basic functions that actually cause developers and design firms to design around them?
Why Failure Drives Innovation This essay was written by Baba Shiv, Sanwa Bank, Ltd. Professor of Marketing at the Stanford Graduate School of Business Failure is a dreaded concept for most business people. Patents What is a patent? A patent is an intellectual property right granted by the Government of the United States of America to an inventor “to exclude others from making, using, offering for sale, or selling the invention throughout the United States or importing the invention into the United States” for a limited time in exchange for public disclosure of the invention when the patent is granted. There are three types of patents. Patent Overview A patent is essentially a limited monopoly whereby the patent holder is granted the exclusive right to make, use, and sell the patented innovation for a limited period of time. The U.S.
Disruptive versus Radical Innovations Clayton Christenson’s seminal The Innovator’s Dilemma is now 10 years old, and its central idea of “disruptive innovation” is now part of the everyday language of innovation. Recently, I finally read the book after having loosely tossed the term around for a few years. I was shocked to discover that I had misunderstood the concept and made glib assumptions based on sloppy journalistic references. Properly penitent, I began using the term correctly and discovered, to my further shock, that nearly everybody else around me was also using the term incorrectly. By misunderstanding this one critical term, we lose much of the understanding of the innovator’s dilemma discovered by Christenson.