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“If Open Innovation is not seen as a long term capability building exercise then it will fail”. In this interview Thomas Lackner, Head of Open Innovation and Scouting at Siemens Corporate Technology, shares some of his experiences and how Siemens has evolved on the open innovation front. Thomas, who has been personally involved in many of Siemen’s innovation programs, also elaborates on some critical success factors that strongly influenced the outcome and quality of their programs.
Amy Radin became one of America’s first Chief Innovation Officers when Citigroup appointed her to the role in 2005. She is currently Chief Innovation officer at E*Trade Financial, the leading online discount stock brokerage. Amy talks to Innovation Management about what it takes to be a head up on innovation in a major corporation.
Though intensely talked about, open innovation remains a subject matter that both fascinates and creates apprehension among business professionals. In the following interview, Henry Chesbrough, the father of open innovation according to Wikipedia, has sat down with IM.se to discuss a few key aspects of this largely new and challenging innovation model: its evolution, its applicability and most importantly, its essential role in facilitating knowledge creation for the future. He teaches at UC Berkeley’s Haas School of Business, and Esade Business School in Barcelona.
Last week, innovation management software provider HYPE Innovation launched HYPE GO! – an online platform for collaborative innovation and innovation management – targeting the needs of small and medium-sized enterprises. We talked to Christian Hagemeier, Director SaaS Business at HYPE Innovation, to learn more about the thinking behind the tool.
In this interview, award winning Jean-Baptiste Rubens – currently Head of Procurement Innovation at Mondelēz International (formerly Kraft Foods) – describes the journey his team embarked on when realizing they were not extracting the maximum value from their suppliers. By a deliberate process where R&D needs were rationalized and dispatched to selected suppliers, the Procurement team was able to direct supplier innovation from punctual dispersed activities, to highly coordinated projects that had impact transversally across the company.
The discussion around integrating Western Management with Eastern Philosophies has gained considerable traction, and for good reason – both Europe and China have undergone significant transformations during the past 30 years and collaboration has never been more relevant than in the post-recession context. In this exclusive interview, Professor Richard Li-Hua discusses the key considerations around this topic and indicates how innovation managers can benefit from this integration.
This February, our series dedicated to Innovation Management Standardization features an informative Q&A with experts Magnus Karlsson, Chairman of the SIS Technical Committee TK 532 on Innovation Management, and Stefan Tangen, expert and Project Leader at SIS (Swedish Standards Institute). Among the topics explored: standards bodies, the progress and structure of the Technical Specifications document, reactions from the organizations and how leadership plays a critical part in the advancement of the innovation management standardization initiative.
An interview with Mathias Kirchmer, one of the authors of Value – Driven Business Process Management: The Value-Switch for Lasting Competitive Advantage, published by McGraw Hill. Mr. Kirchmer is the managing director for Business Process Management at Accenture, a global management consulting, technology services and outsourcing company.
Can an organization dramatically improve the quality, speed, and profitability of their new product projects while driving down the risk of failure? Absolutely! Organizations that rely on new products, technologies, and platforms to create customer value, grow market share, enter new markets, increase their profitability, and even alter market and competitive landscapes. In this article Chester Baker, Head of Global Innovation for Abbott Nutrition shares the winning formula for driving innovation in his company.
Last year I came in contact with the co-founder and advisor of the Biorrefiniria Brasil open innovation community, José Augusto T. R. Tomé. He started an interesting venture within the chemical sector, a venture focused on biorefinery. Read further to learn more about his vibrant innovation community and open innovation in general.
In connection with the new collaboration with IMP³rove – Academy, InnovationManagement.se sat down with Sven Schade, Policy Officer at European Commission, to explore how small and medium-sized entities can benefit from having increased access to innovation management tools and learning.
In this interview with BoingBoing.net, IDEO founder David Kelley explains what design thinking is, how “needfinding” fits into it and his firm’s design process.
Henry Chesbrough, known worldwide for his pioneering work on open innovation, recently conducted an interview with the Flemish magazine SERV. In this discussion, he addresses some of the challenges of implementing it, especially for small to medium sized companies. One of the biggest hurdles is for SMEs to deeply understand customer needs, so they can develop a business model that will solve them. The need for data collection goes well beyond having a CRM database. Another challenge is that entrepreneurs are often unwilling to share information with academic research centers, while the research centers tend to be too focused on their own research, rather than on the needs of SMEs in the industry sectors they serve.
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.
In their new book The Innovative University Clayton Christensen and Henry Eyring explore why higher education is heading for disruption. As budget deficits and healthcare costs squeeze government support for higher education, enrollments at traditional institutions will steadily shrink. This will force the education sector to major changes and the students will come out winners, as is typical when disruption reshapes an industry. InnovationManagement asked the writers to elaborate on trends in higher education and the way education is delivered to students.