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 [...]
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 [...]
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 [...]
I firmly believe that open innovation is highly counter-intuitive which is why it remains somewhat marginal. To illustrate the point here are some traits of open innovation which often pass people by so I feel compelled to capture them in this post. 1. Start At The End. 2. Buy From Your Customers 3. Show Not Tell 4. You Will Never Spot a Winner. 5. It’s Not Who You Know, It’s Who Knows You
February 25, 2010 – 2:17 am
Many thanks to everybody who responded to a previous post asking ‘Who are the best open innovation speakers globally?’. We have taken on board your feedback and I’m pleased to announce that on the 8th of April, NESTA is hosting the Open for Business conference in London that will explore new open business models and [...]