MNC Archives - InnovationManagement

A Profile of Open Innovation Managers in Multinational Companies

Open innovation is widely used in large companies and we know increasingly more about how to manage this process. In contrast, we know virtually nothing about the managers and practitioners who are driving open innovation in large companies. Who are the managers operating in open innovation teams or units? What is their profile? How long do they stay in an open innovation job, and what is their tenure in the company? This report tries to answer these questions based on an investigation of open innovation managers on LinkedIn.

Ideascale2019-10-15T15:24:23-07:00March 9th, 2017|Categories: Open Innovation, Report|Tags: case study, download, enterprise innovation, Henry Chesbrough, in-depth article, linkedin, manager, MNC, report, research, talent management|

Using Design Thinking to make your employees ready for the Internet-of-Things

Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.

Ideascale2021-12-14T06:37:50-08:00February 16th, 2017|Categories: Strategies|Tags: automation, business alignment, business development, Competition, decision making, design thinking, disruptive innovation, disruptive technology, ecosystem, enterprise innovation, idea management, Ideation, Innovation Culture, IoT, mindset, MNC, opportunity, pitch idea, portfolio management, service innovation, smart products, Technology, trend|

Are Corporate Innovation Centers The Last Hope for Companies Too Big To Fail?

Companies once deemed “too big to fail” are increasingly exposed to failure. The threat of disruption is everywhere. Startups are taking on the Goliaths in every market. Scores of malls across the United States are in collapse. Many household brand names are losing ground or even shutting completely. Regardless of industry, businesses face digital Darwinism, the evolution of technology and markets. Disruption is just a matter of when, where and why. To compete, executives must make tough decisions but more so, they must look to new horizons for new insight and direction. Whether companies thrive or cower in the face of digital Darwinism is a choice.

Ideascale2019-10-15T15:24:30-07:00February 9th, 2017|Categories: Enabling Factors, Report, Strategies|Tags: AI, asia, big data, case study, cloud, Competition, corporate innovation, corporate innovation centers, cyber-security, digital era, digital innovation, digital platform, disruptive innovation, ecosystem, europe, fintech, global market, in-depth article, innovation center, innovation centers, innovation hub, IoT, large companies, MNC, silicon valley, startup, talent management, Technology|

Picking the Right Stakeholders for Open Innovation

What external stakeholder groups can you tap into to build value for your innovation initiatives? Are your relationships with these external stakeholder groups solid or do you need to do additional work to build good, mutually beneficial working relationships? Are there potential stakeholder groups that you have not yet tapped at all? If so, what is your plan for reaching out to organizations within these pools so that you can further expand your innovation ecosystem? Are your channels for communicating with your external stakeholders strong or do they need further work?

Ideascale2021-12-14T06:27:35-08:00January 19th, 2017|Categories: Open Innovation, Strategies|Tags: Collaboration, Communication, Competition, ecosystem, enterprise innovation, external collaboration, innovation partnership, MNC, Open Innovation, partnership, relationships, SME, stakeholder management, Stakeholders, strategic partnership|

Harnessing Corporate Activism To Transform A Pharmaceutical Giant with Celine Schillinger

When Céline Schillinger looked around her workplace she saw that the system didn’t value the diversity of competencies that different people could bring. They were being wasted. The system was focusing on a very narrow bandwidth of talents and always promoted the same kind of people, coming from the same background, and with the same kind of thinking. She decided to do something about it. Céline was called a troublemaker by her bosses, but thanks to her passion to grow and improve on rigid corporate systems, she was awarded Woman of the Year — La Tribune Women’s Awards in 2013. Céline is now the Head of Quality Innovation & Engagement at Sanofi Pasteur, the vaccines division of the multinational pharmaceutical company Sanofi.

Ideascale2019-11-28T09:24:10-08:00November 4th, 2016|Categories: Innovation Ecosystem, Organization & Culture, Podcast|Tags: Change Management, corporate activism, enterprise innovation, gender, healthcare, interviews, MNC, pharmaceutical, podcast, social media, team diversity, Teamwork, top management|

Negotiating Win-Win Strategic Innovation Partnerships

Recognizing that every collaborative endeavor is unique and should be evaluated on its own merits, companies must do their homework before starting to work together. Successful innovation collaborations start with a clear understanding of how each company wants to benefit from the partnership, and how they will work toward a win-win outcome. This article highlights matters to be considered and memorialized in this formative stage of a partnership.

Ideascale2019-10-15T15:14:56-07:00August 5th, 2013|Categories: Collaborative Innovation, Open Innovation, Strategies, Support for SMEs|Tags: Collaboration, collaborative innovation, innovation networks, innovation partnership, innovation success, innovative companies, IP & patent, large companies, MNC, negotiation, SME, smes, strategic partnership|

7 Key Steps to Successful Open Innovation in China

More and more Multinational Companies (MNCs) are turning to China for open innovation for several important reasons. Find out what those reasons are and learn more about best practices to succeed at open innovation in the unique Chinese market. This article delves deeper into how harvest the power of innovation from one of the world’s most populous and fastest-growing countries

Ideascale2021-12-03T07:35:04-08:00May 17th, 2012|Categories: Open Innovation, Strategies|Tags: china, MNC, mncs, multinational companies, Open Innovation|

Changing Mental Models to Make Innovation Work

We see a lot of programs being run in companies in the name of innovation. Of course some of the large corporations need to run innovation programs for name sake. They need some window dressing for analysts and industry observers lambasting the same for not being innovative enough.

Ideascale2021-12-02T07:40:58-08:00December 14th, 2010|Categories: Collaborative Innovation, Life Cycle Processes, Organization & Culture|Tags: Collaboration, Communication, company culture, customer-driven innovation, enterprise innovation, evolution, founder’s mentality, incentive, incentives, innovation assessment, Innovation Culture, innovation definition, Innovation Management, innovation metrics, innovation program processes, mindset, MNC, model, motivation, pharmaceutical, process improvement, talent management|

Structuring Companies for Innovation and Operations

The appropriate structuring of companies is becoming more and more relevant as a mechanism for managing and enhancing their innovation capability. This article explores the concept of the Viable Systems Model (VSM) of Stafford Beer as a tool to better structure organisations for effective innovation and efficient operation.

Ideascale2021-12-01T15:44:00-08:00October 6th, 2010|Categories: Life Cycle Processes|Tags: ambidexterity, bureaucracy, Change Management, company culture, company structure, complex adaptive systems, enterprise innovation, hierarchy, Innovation Culture, innovation life cycle processes, innovation support, MNC, organizational change, organizational structure, organizational system, restructuring, siloing, Viable Systems Model, viable systems theory|

Cultivating Idea Stakeholders

In many organizations, big ideas cause change, and thus they tend to encounter a significant amount of resistance and inertia. The solution, according to Jeffrey Baumgartner, is to cultivate idea stakeholders. Read on to learn how to build support for your big ideas.

Sarah Vandenberg2021-11-29T08:19:24-08:00August 23rd, 2006|Categories: Organization & Culture|Tags: Communication, enterprise innovation, innovation champions, Innovation Culture, innovation stakeholders, MNC, project teams, Stakeholders, status quo bias, team diversity|

The Great Innovation Lie

Often, organizations have a tendency to turn innovation into a highly complex system involving numerous processes, approaches and models. Here's a little secret: It doesn't need to be complex to be effective.

Sarah Vandenberg2021-11-29T08:11:05-08:00December 7th, 2005|Categories: Life Cycle Processes, Strategies|Tags: budget, consulting, enterprise innovation, evaluation of ideas, implementation, innovation process, Innovation Strategy, innovation system, innovation tool, MNC, reward, simplicity, simplification, trust|

Strategies for Evaluating Radical Innovations

A rigid idea evaluation process can prematurely kill radical innovations. Here are some strategies to prevent this from happening from Jeffrey Baumgartner.

Sarah Vandenberg2021-11-29T08:08:27-08:00September 22nd, 2005|Categories: Idea Management|Tags: Creativity, enterprise innovation, evaluating innovation, evaluation of ideas, idea management, Ideation, MNC, radical innovation, risk, risk assessment, risk management|