The European Open Innovation Summit, the only conference in Europe focused exclusively on open innovation (OI), will address key issues and uncover latest developments in efforts to utilize ideas from external groups when developing new products. This unique event will provide successful strategies for effectively collaborating with innovators outside of your group and offer solutions [...]
The Open Innovation Day is a day packed with interesting sessions on open innovation. It will cover the background of the field, examples and best practices of open innovation in practical use and discussions on policy, strategy and appliance of systems for OI. We will also be able to listen to in-depth presentations on ideation, [...]
Challenge Driven Innovation (CDI) is an innovation framework developed by InnoCentive that accelerates traditional innovation outcomes by leveraging open innovation and crowd sourcing along with defined methodology, process, and tools to help organizations develop and implement actionable solutions to their key problems, opportunities, and challenges. We asked Dr. Frank Ermark, working with innovation portfolio management at Nokia Mobile Phones about his point of view on CDI.
“Innovate or die” becomes the order of the day. People in response seek ways to innovate. Of late, many have embraced the practice of collaborative innovation, with its application of social media to sourcing crowds and ideas, and design thinking, with its structured approach to vetting hypotheses about new business opportunities. Having arrived in the organization by different routes, they exist as potential complements. In this article innovation architect Doug Collins explores ways to combine the practices to their mutual benefit.
People who practice collaborative innovation at times seek out of the box ideas for a given challenge. In this article, innovation architect Doug Collins applies work from Nobel Laureate Daniel Kahneman by way of offering insights on selecting crowds that can achieve novelty.
Recent data from the Industrial Research Institute (IRI) shows a sharp rebound in planned R&D spending. After the past few years of operating with reduced budgets and staff, companies are finally starting to make the R&D investments they need to ramp up the innovation and product development activities that will help them achieve their growth goals.
A new research by Accenture finds that customers returning electronic devices will cost U.S. electronics retailers and manufacturers about $17 billion this year, an increase of about 21% from 2007. These costs include receiving, assessing, repairing, reboxing, restocking and reselling returned products.
Change benefits some more than others. The practice of collaborative innovation, which by design offers transformative change, is no different. In this article innovation architect Doug Collins advises campaign teams on engaging people who find themselves on the losing end of the practice. Ignoring their concerns jeopardizes the initiative.
Is innovation a numbers game? We’ve all heard the statistics around the number of ideas it takes to eventually lead to a single successful product. But if we look at why it takes 3000 to 6000 or more ideas to find a single winning concept, the answer becomes fairly obvious: not every idea is a good idea. Mark Atkins explores how we can create better ideas, not more ideas.
Paul Dombowsky is the founder and CEO of Ideavibes and the charity crowdfunding initiative Fundchange. Today he talks with IM about the importance of listening to the less-heard voices and the inspiring influence open communication is having in the workplace as well as in our communities.
At the Pebble Beach, Calif. Concours D’Elegance Ford Motor’s Lincoln brand introduced a new tool “Virtual Voice of the Customer” to test design concepts on consumers. Lincoln asked attendees of the classic car show Aug. 20-21 to look at three design concepts based on vehicles from the ’60s, ’70s and ’80s.
Crowdsourcing is popular but it causes problems – too many ideas, not enough solutions being one of them. How do you do crowdsourcing properly? Klaus-Peter Speidel talks you through your options
