making open innovation work - open innovation summit
TRANSCRIPT
Making Open Innovation WorkBig and small companies – you need to open up!
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
@lindegaard
I help innovators develop capabilities and tools needed to make innovation happen
#1Internal – not external – factors make or break open innovation initiatives
An innovation strategy sets directions!
Develop clear definitions and common language
The real work happens behind the scenes
#2Understanding, connecting and communicating with partners is key to open innovation initiatives
Do the homework
Communication is key
#3Open innovation and social media are inseparable. Seed now to reap future benefits
Learning with intermediaries
Be the visionary, look two years ahead
What works?
#1 Internal – not external – factors make or break open innovation initiatives
#2 Understanding, connecting and communicating with partners is key to open innovation initiatives
#3 Open innovation and social media are inseparable. Seed now to reap future benefits
Big. Small. Open.I don’t care if you are big or small – you need to open up!
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
@lindegaard
Credit: OVO Innovation
FMCG
NOVOZYMES
PHARMA
INTELINTUIT
LG
SAP
MEDTRONIC
GE
An innovation strategy sets directions
Fail often, fail fast, fail cheap – and learn from it
People first, processes next, then ideas
Trust is key
Control or contribution?
Learning with intermediaries