Company Toolkit to Build Capabilities and Open Innovation Strategy
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Transcript of Company Toolkit to Build Capabilities and Open Innovation Strategy
Innovate Portfolio of Capabilities!
PORTFOLIO OF DYNAMIC CAPABILITIES FOR
INDUSTRY & GROWTH
Alar [email protected]
Presented at ISPIM conference,
Tours, France 2008
Alar Kolk:
Building New Innovation Capability
to Identify Future Opportunities
- Identify New Growth Opportunities
- Define & Implement New Innovation Strategies
- Generate & Deliver Better Ideas
- Renew Organizatonal Capabilities
Where is Your Destination?
Scope and Focus of the Research – Valu Creation and Appropriation
Internationalization of Space Related ICT companies Internationalization
of the Companies
Collaboration of the Companies
R&D of the Companies
Focus of the Study
Internationalization of R&D
R&D COOPERATION
Internationalization of Space Related ICT companies Internationalization
of the Companies
Collaboration of the Companies
R&D of the Companies
Focus of the Study
Internationalization of R&D
R&D COOPERATION
Dynamic Capabilities
Open Innovation
Alliance Portfolios
Capability InnovationCapability Innovation
Capability Growth,
TCM,TCP
Capability Growth,
TCM,TCP
Knowledge & Cognitive Systems
Knowledge & Cognitive Systems Capability
PortfolioCo-Specialization
Co-Specialization
Capability Learning
Capability Learning
Innovation Acceleration...
Time
Impa
ct
- Innovations are having a larger impact
-The lifecycle of innovations is getting shorter
Open Innovation means that valuable ideas can come from inside or outside the company (industry) and can go to market from inside or outside the company (industry) as well1.
This approach places external ideas and external path to market on the same level of importance as that reserved for internal ideas and paths to market during the Closed Innovation era2.
CLOSED & OPEN BUSINESS MODEL
OPEN INNOVATION!
1,2 H.Chesbrough, 2003
Dynamic capabilities as the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments1.
Some dynamic capabilities integrate resources (product development; strategic decision making), others focus on reconfiguration of recourses (knowledge brokering) within firm and other dynamic capabilities are related to the gain and release of recourses (knowledge creation routines; alliance, acquisition and exit routines)2.
EXPLORATION & TRANSFORMATION
DYNAMIC CAPABILITIES
Roald Amundsen, Robert Scott, Umberto Nobile
1Teece et al 1997 2Eisenhardt and Martin 2000
Building Portfolio of Capabilities
Developing Portfolio of Capabilities
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Sensing: Elements of an ecosystem framework for ‘sensing’ market and
technological opportunities
Teece 2007Sensing Seizing Managing
Seizing: Dynamics in strategic decision skills & execution
Teece 2007Sensing Seizing Managing
Growth is top of mind for business executives. Strong, value creating
revenue growth lies within reach of corporations that pursue best practice in
strategy, marketing, operations and organizations.
For companies aspiring to grow, where to compete is just as important as how. To
choose the right battlegrounds, they must match their distinctive capabilities with
sectors where profitability growth is likely to occur.
WHERE and HOW
to Grow?
How to Grow?
Managing: Combination, reconfiguration, and asset protection skills
Teece 2007Sensing Seizing Managing
At any given point in time, firms must follow a certain trajectory or path of competence development. This path
not only defines what choices are open to the firm today, but it also puts bounds around what its internal
repertoire is likely to be in the future1.
Collaborative know-how is a particular type of knowledge that determines
whether companies can develop specialized knowledge via expertise
and then use it to obtain further benefits2.
STEP OUT OF THE BOX!!!
PATH DEPENDENCY
We had become stuck in our past and weren’t stretching far enough to innovate new ideas, to “step out of the box.”
David O. Swain, ex. CTO, Boeing
1Teece et al, 1997 2Simonin 1997
Developing Robust Portfolio of Capabilities
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Developing Portfolio of Capabilities
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Internal R&D
Suppliers
External R&D
Customer
Business Model
Decisions
Culture
Platform
Knowledge M
Co-specialization
Open Innovation
Governance
Developing Portfolio of Capabilities at Start-up Phase
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Internal R&D
Suppliers
External R&D
Customer
Business Model
Decisions
Culture
Platform
Knowledge M
Co-specialization
Open Innovation
Governance
Developing Portfolio of Capabilities at Transformation Phase
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Internal R&D
Suppliers
External R&D
Customer
Business Model
Decisions
Culture
Platform
Knowledge M
Co-specialization
Open Innovation
Governance
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Developing Capability Constellation
Internal R&D
Suppliers
External R&D
Customer
Business Model
Decisions
Culture
Platform
Knowledge M
Co-specialization
Open Innovation
Governance
Developing Portfolio of Capabilities
Operational Capabilities
Technological Capabilities
TransformingSeizingSensing
Open Capabilities
Dynamic Capabilities
Learning
Innovation
Internal R&D
Suppliers
External R&D
Customer
Business Model
Decisions
Culture
Platform
Knowledge M
Co-specialization
Open Innovation
Governance
Portfolio of Capabilities & Open Business Model
Open Capabilities
Dynamic Capabilities
Operational Capabilities
Technology Capabilities
Portfolio
PORTFOLIO OF DYNAMIC CAPABILITIES FOR
INDUSTRY & GROWTH
Alar [email protected]
Presented at ISPIM conference,
Tours, France 2008