August 10, 2010 – 4:21 am
We are excited to announce that we are launching our latest project with Orange called Mobile Volunteering which brings together a healthy and expert mix of technology developers and social entrepreneurs and NGOs. On the site we are creating everyday opportunities for social action, kick-starting a new movement. Through an app on their mobile phone, [...]
Get 30% off the Open Innovation Accelerator with an early bird discount by registering in July with the discount code ‘OpenUp’. We are excited to introduce the Open Innovation Accelerator which is an intensive and immersive 2 day programme – yet designed so that attendance can be for either day or both days – which consists [...]
“You do not own your reputation. It’s lives and breathes in those you interact with.” Rob Burt When I recently googled a former colleague, the top entry was an Australian dating website which described in graphic detail why women should steer well clear of him. Whilst amusing this points to an interesting phenomenon namely the [...]
Just before we spun out from Nesta I was interviewed by the London Business School about open innovation about the work we had been doing at Nesta and were planning as part of our spin out agency 100%Open. This was as part of Prof Linda Gratton’s Future of Work programme. I’ve included the full video [...]
Last Thursday we hosted the Open for Business conference at Nesta. All the videos from the event are now available on the Nesta website here, and the Nesta report with all of the case studies and jam and discover models, is also available here. All the case study sessions – from McLaren, P&G, Tesco, Orange, [...]
Based on our recent experience of working on open innovation projects, and also building upon a great paper by Kevin Boudreau and Karim Lakhani, we have concluded that there are two distinct ways of doing open innovation – creating competitive markets or collaborative communities – that we call Discover and Jam, described in detail in [...]
As if we needed reminding, the exponential increase in connectivity and information sharing is fundamentally changing the way organisations operate and innovate. I learned recently that the rate of data consumption by users of one major mobile phone network is doubling every four months! That’s a phenomenal rate of growth and most organisations, let alone [...]
What’s Different about Open Innovation? Better Value The metrics are less developed in this emerging discipline than in traditional innovation. In my last blog I outlined a list of the sorts of direct and indirect measures that firms can use to capture all the value that innovation brings. This same list holds true for open [...]
Measuring open innovation is a new field. I would like to examine three sets of factors unique to open innovation. Firstly, aligning the metrics of both parties is important, so that partners continue to get what they need out of the relationship and remain keen. Secondly, measuring the health and strength of relationships is vitally important because this is the glue that holds collaborations together. Thirdly, we must learn to value networks, factor in the anticipation of future rewards from them.
I was priviledged to attend an amazing event today at the Royal Society with the first man to walk on the moon, Neil Armstrong, and the last person to walk on the moon Gene Simmons, together with Jim Lovell, captain of the fateful and amazing Apollo 13, and two other great aviators Bob Gill and Steve Richie.
