This is the sixth of several ‘Innovation Perspectives’ articles we will publish this week from multiple authors to get different perspectives on ‘How should firms collaborate with customers and/or value chain partners to co-create new products and services?’. Here is the next perspective in the series: by Mark Roser With some apologies to Braden, I reconfigured this question to focus on the notion of “when” do you really need to collaborate & co-create to achieve new products or services? When is it better to manage it all in-house? When is collaboration the right idea? Let’s start with the null hypothesis: projects that lie squarely within an organization’s “sweet spot” are better off developed in-house. In other words, for incremental improvements to a company’s existing product line it is better for division and group leadership to tell their internal teams to “just do it”. I assert that this internal-only decision is … Continue reading
This is the fifth of several ‘Innovation Perspectives’ articles we will publish this week from multiple authors to get different perspectives on ‘How should firms collaborate with customers and/or value chain partners to co-create new products and services?’. Here is the next perspective in the series: by Mike Brown Questioning Your Collaborative Innovation Efforts For various reasons, more companies are discovering strong insights and strategic inputs for innovation reside outside their own walls. While this realization can be challenging, establishing the successful strategic relationships necessary to do something about collaborative innovation is even trickier. Using consistent checkpoints and rich questions throughout the collaboration process can improve results. The following six keys for successful collaborative strategic relationships, whether with customers or value chain partners, will help gauge your readiness and pave the way for success: 1. Strategic relationships are about people; start by making sure your own people are ready. Begin … Continue reading
I found it interesting yesterday to see that IBM’s Institute for Business Value, a think tank and research organization, has surveyed CEOs of major corporations to try to understand the key characteristics that leaders will need in the near future. I guess I should be more specific – I didn’t think it was interesting that they asked 1500 CEOs about the important attributes and skills necessary for future leaders to possess. I found it interesting that the number one skill they recommended was “creativity”. This is interesting on so many levels. Mention creativity in most corporate environments and eyes roll so dramatically you’ll be concerned that someone could actually lose one. An eye that is. Creativity isn’t just scoffed at in most organizations – it isn’t even considered a topic of polite conversation. There are few if any classes on creativity, and very few people …
This is the fourth of several ‘Innovation Perspectives’ articles we will publish this week from multiple authors to get different perspectives on ‘How should firms collaborate with customers and/or value chain partners to co-create new products and services?’. Here is the next perspective in the series: by Mike Dalton Innovate with Your Eyes Wide Open – Five Upfront Actions to Improve Any Collaboration Henry Chesbrough put it best, “You cannot meet your growth objectives if you ignore all of the smart people out there who aren’t on your payroll.” Hearing that, you can’t help but think you’re missing out on something really great if you don’t have a portfolio full of outside alliances. No wonder open innovation has become a “best practice.” Unfortunately, so-called best practices lead many companies astray. In fact, one study showed that more than 70% of attempts to collaborate fail when partners venture outside of traditional … Continue reading
The biggest problem with the leadership industry is found within the ranks of those who call themselves leadership advisors. There is nothing short of a voluminous amount of leadership information being published on a daily basis. The number of books, blogs, tweets, videos, webcasts, podcasts, etc., being pushed into the market is reaching truly overwhelming proportions. It’s been my experience that regardless of the subject, it is precisely when the noise becomes the loudest, that it’s most difficult for the consumer to extract quality and value from the market. The text that follows is meant as both a rebuke of my industry, and a challenge to my fellow practitioners… It is my hope that this post stimulates vigorous discussion, and a great deal of thought on how we evolve the practice & discipline of leadership, not for our own glory, but for the good of our clients and society as … Continue reading
A Kaiser Permanente Perspective by Jennifer Ruzek Liebermann (via THCB) “How do you inspire and enable innovation in a large organization?” That’s the question I grapple with daily as director of Kaiser Permanente’s health care innovation center. I’ve observed that it isn’t sufficient to have a dedicated Innovation Center, an Innovation & Advanced Technology Group, or in-house Innovation Consultancy design group – all of which Kaiser Permanente has. The real question to solve is: “How do you create a culture that enables innovation throughout an organization?” To explore answers to that, this week I am joining with physicians, nurses and design thinking, quality and innovation experts from the United Kingdom’s National Health Service and Kaiser Permanente for three days in South Devon, England, at the NHS Horizon Centre for Innovation, Education & Research in Healthcare, to share successful failures and best practices in innovation. One contribution the NHS already has … Continue reading
Anders Quitzau, an Innovation Executive at IBM forwarded an interesting presentation that gives a good overview of the many innovation activities that take place at IBM. How IBM Innovates (PDF) – Anders Quitzau Some keywords are open and global as summed up by this quote by Sam Palmisano (CEO): “We opened up our labs, said to the world, ‘Here are our crown jewels, have at them’. The Jam – and programs like it – are greatly accelerating our ability to innovate in meaningful ways for business and society” Anders, thanks for sharing this… Don’t miss an article – Subscribe to our RSS feed and join our Continuous Innovation group! Stefan Lindegaard is a speaker, network facilitator and strategic advisor who focus on the topics of open innovation, intrapreneurship and how to identify and develop the people who drive innovation.