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Posts Tagged ‘KPIs’

HR departments take the driver’s seat in Open Innovation

One way of looking at Open Innovation is to have an open mind in the search for new opportunities / solutions and in connecting with the best innovators. These best innovators may be found in the firm’s org chart or outside the company walls. The Open Innovation paradigm says that the organizational background of the innovators is secondary – one needs to find a business model that all are satisfied with (which is easy if the innovator is on the …

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How to Make Cross-Industry, Cross-Science Innovation Work

Many companies have already discovered that breakthrough innovation needs openness to for cross-industry and cross-science approaches, and especially for new industries. The big question, the answer to which is worth millions of Euros, is how to do it.

In a 16-page case study (published here) I analyzed how InnovationLab is attempting to find an answer. InnovationLab is an innovation consortium of five companies and two universities, working on the emerging Organic Electronics industry

Based on case evidence I described how …

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Where Open Innovation and strategic planning meet

Last week I had an intersting discussion with the Head of Corporate Strategy of a multinational German company. The question that we discussed was: “Which implications will Open Innovation have on the strategy process of global companies – Where are opportunities, what needs to be modified?”. To better understand my discussion partner’s perspective we first had a look at the strategy process of his firm:…

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