Author Archives: Stefan Lindegaard

Guiding Principles of Open Innovation - Communication

I have just attended a great conference by 100% Open, a new agency specializing in open innovation. They have an interesting Jam & Discover approach to open innovation and they also run networks and do training and venturing.At the conference, I picked up a new report: Open innovation – From marginal to mainstream. In this report they have some great guiding principles on communication and I’ve shared them below because I believe they are worth sharing.100% Open Guiding Principle on Communication:Many large organisations are trying to become open innovators by first trying to change their culture. Whilst this is rational, it rarely seems to work. Companies will often change their ways of doing things more happily and spontaneously if the see first-hand evidence of colleagues adopting a new approach and it working. Success sells.Communicate with the outside world effectively. We’ve see many a large organisation get so wrapped up in … Continue reading

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Open Innovation Frustration

Last week, I held a workshop in which a couple of the participants – all from the same company – had some struggles finding out why they should embrace open innovation.This skepticism was not driven by satisfaction with their current innovation processes and culture. On the contrary, this seemed to be seriously flawed and creating lots of frustration within their organization.So you should think they would be open to changes in their approach. They were not. I think their main reason for being skeptical came as they understood that open innovation requires a lot of hard work, while also bringing with it the uncertainty that usually follows change.Even more importantly, they could see this will not happen in their organization if they do not have the full support of their executives to go open. They do not have this. The executives did talk about going open, but they had not … Continue reading

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Earning Recognition and Respect

In Outliers, Malcolm Gladwell stated that it takes 10 years to become an expert in any given subject.Many people actually reach this level. You might not be a professor or best-selling author, but you have probably worked long enough to become an expert in your given field – or you are on your way.Yet, people having enough knowledge to qualify as a thought leader or expert do not get the recognition or credit they deserve – and often long for.This is an interesting paradox. You work hard and at some point expect/hope to be perceived as an expert or thought leader, but it does not happen.Why? The clutter of information and knowledge that surrounds us makes it so much more difficult to break through even if we have great, original ideas and an impressive knowledge base.It is no longer enough just to qualify by knowledge to become an expert; you … Continue reading

Posted in Open Innovation, Social Media, collaboration | 4 Comments
Smaller Companies Should Embrace Open Innovation Too

Open innovation at small and medium-sized enterprises (SMEs) presents both great opportunities and great challenges. Forming open innovation relationships can give a growing enterprise access to resources that might normally are beyond their reach with the potential for greatly speeding up time to market. At the same time, working with larger – and in some case much larger companies – is not without its perils.Let’s consider a growing startup or a small company that is on its way to become a mid-sized enterprise. The early phases are very much about executing on single, great product, idea or technology. However, as the company grows focus tends to shift towards control rather than keeping the visionary thinking and bold approaches that build the company. This must be re-ignited. Open innovation can be the vehicle for accomplishing this objective.Because of the high level of risk-taking involved with young ventures, leaders of entrepreneurial enterprises … Continue reading

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Creating a Networking Culture

In my previous post, Why a Networking Culture Is Important, I argued that a strong innovation culture requires a strong networking culture. But what does a good networking culture looks like?It is such a new concept that there are not lot of examples available to illustrate it, but here are some key components of a good networking culture:Top executives and innovation leaders have outlined clear strategic reasons why employees need to develop and nurture internal and external relationships. This includes making clear how your company’s networking culture links with and supports your innovation strategy (which, of course, is an outgrowth of your overall corporate strategy.)Among the things to consider when developing your networking culture strategy is what types of networks you hope to build to support your innovation efforts. If your organization is moving toward open innovation, possibilities would include peer-to-peer networks for people working with open innovation in different … Continue reading

Posted in Open Innovation, People & Skills, Social Media | 1 Comment
Why a Networking Culture is Important

The reason for creating a networking culture is obvious once you look at the current and future direction of innovation. Let’s start by disposing of the myth of the lone genius (the Thomas Edisons and the Alexander Graham Bells of yesteryear) arriving at a breakthrough innovation on his/her own.This model wasn’t true then, and even if it were, it simply does not hold true in today’s complex business organizations. Technology and the challenges that must be solved have become so complex that many, perhaps even most, companies can no longer rely solely on their own internal innovation geniuses, no matter how brilliant those people may be.Innovation is increasingly about having groups of people come together to leverage their diverse talents and expertise to solve multi-faceted challenges that cross multiple disciplines. To make this happen within your organization, and beyond as you move toward open innovation, requires a networking culture that … Continue reading

Posted in Innovation, Open Innovation, collaboration | 6 Comments
Simple Justification for Open Innovation

I stumbled over an interesting paper, “Sourcing External Technology for Innovation”, by the Alliance Management Group which has developed lots of great content including the Want–Find–Get–Manage framework below:Want – What external resource(s) does the firm want to access from the outside world to meet its strategic intent?Find – What mechanisms will the firm use to find these external resources?Get – What processes will the firm use to plan, structure and negotiate an agreement to access the resources?Manage – What tools, metrics and management techniques will the firm use to implement the relationship?The article focuses on the Want element of this framework and what I in particular liked is the equation: A + B = C. I have inserted the below edited snippets from the article in order to introduce you to the equation.We will define our terms:Variable A – “Represents the firm’s existing ‘assets’ including its production equipment, core capabilities, … Continue reading

Posted in Leadership, Open Innovation, Strategy | 2 Comments