2-day Open Innovation Masterclass at Dresden International University

On May 10-11, 2014 innovation-3’s Frank Mattes will facilitate a 1.5 days Masterclass for alumni of the Dresden International University. These work for large multinational firms as well as for SMEs. The event has a B2B focus and is also open for non-alumni (more information below). In designing the agenda, we followed our proven approach for a Senior Management workshop …

Where Open Innovation and strategic planning meet

Recently we had an interesting 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 …

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 …

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 …

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 …

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 …

Most important metrics for measuring innovation

BCG interviewed 2,700 global executives on their view on innovation management. Roughly half of them are satisfied with the innovative performance and only one third with the way innovation is measured. The most important metrics are: Revenue from new products Performance (projected vs actual) Allocation of investments across projects Number of projects that meet planned dates . [slideshare id=5016761&doc=measuringinnovation-100820012259-phpapp02]