Making Open Innovation Work - Open Innovation Summit

Post on 19-May-2015

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Transcript of Making Open Innovation Work - Open Innovation Summit

Making Open Innovation WorkBig and small companies – you need to open up!

www.15inno.com

15inno by Stefan Lindegaard at LinkedIn Groups

stefanlindegaard@me.com

@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

stefanlindegaard@me.com

@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