Innovation Excellence | The Open Innovation Business Model -
Larry Huston and Tim Munoz speak about accomplishing sustainable, breakthrough innovations within multinational corporations using open innovation and innovation hubs. Open innovation is about combining your assets with the assets of the world. Put them together so that you can drive superior shareholder value for the company and satisfaction for the customer.
When I started out to explore the Open Innovation field in collaboration with Unilever, I researched how to make the sometimes arbitrary Open Innovation into a well managed process.
Today I am not talking about Open Innovation anymore; instead the model I developed is a set of tools on how to create an Ecosystem of Partners. Ecosystems are a new way of looking at Open Innovation and collaboration, and have taken open innovation to the next level by making relationships ongoing and evolving.
Have you encountered this movement of Ecosystem of partners?
Ecosystems of Partners defined is a network of symbiotic relationships between a hub entity (initiator) and several ancillary entities (partners) formed with the objective of sharing resources to achieve mutually beneficial goals.
Looking at Open Innovation this way makes Apple a best practice example of Ecosystem of Partners.
”What you end up with is a kind of Apple archipelago—this cluster of islands in this big digital sea that are great places to hang out,”
Paul Saffo, Silicon Valley futurist
Would be great to hear your reflections about this,
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richgirlpoorboy: Open Innovation the Malcolm Mclaren way! -
Fashion, Music and Dancing have a lot to thank Malcolm Mclaren for. Back in the days, lets say in 1971, when collaboration was called partnership, McLaren and his partner Vivienne Westwood opened up a London clothing shop called Let It Rock on the Kings Road.
Open minded Mclaren continued…
Q&A prior to an Open Innovation or Crowdsourcing project -
Step 1 - Identify Your Internal Experts Early
Step 2 – Schedule the Collaborative Questioning Session
Step 3 – Execute a Purposeful Q&A Session
Step 4 – Document the Session
Neil deGrasse Tyson lays down some cold hard truth.
Every second our Sun releases energy equivalent to about 1 Billion (1,000,000,000) nuclear bombs, and we are digging in the sand.
Saving the planet is not glamorous, and it is not social entrepreneurs or virtuous companies that will manage to do so, instead it is the number-crunching accountants that will do the real walk!
READ THE FULL ARTICLE WRITTEN BY: Lindsay Clinton
Got innovation? Just about every company says it does.
Like the once ubiquitous buzzwords “synergy” and “optimization,” innovation is in danger of becoming a cliché—if it isn’t one already.
- Leslie Kwoh
" On his first day in office, President Obama directed the newly created position of “Chief Technology Officer” to provide recommendations on his Memorandum on Transparency and Open Government"
Toilet talk usually isn’t welcome at cocktail parties. Public discussions about the effects of menstruation or diarrhea are taboo in most places. Ironically sanitation often masquerades as a “water-related” issue. — Women, water and the ugly global crisis we’re not talking about - The Washington Post
(via How to tip consumer behaviour towards sustainability)