Open Innovation: Dying? …or Emerging?

Top Takeaway: Finally! Some serious and intelligent discussion sorting out the differences between “Outsourcing” and “Open Innovation.” Why does it always seem to take a provocative article titled, “Such-and-Such is DEAD” for these insightful conversations to come to light? At any rate, OI is not dead, China is not asleep at the wheel innovation-wise,  and as [...]

Crowdsourcing: Longterm Value Creation or Fad?

Top Takeaway: Crowdsourcing: Fun? YES! Value creation with staying power? Not quite sure yet on that one. Reports vary;  inconclusive research.   Looking forward to some [quantitative] follow-up research on quality and/or longer-term sustainability of innovation generated from this methodology, showing that crowdsourced innovations live on well beyond the PR phase.  Seems like there is something [...]

Innovation: Metrics for the Future?

  Top Takeaway:   Each firm must evaluate their own innovation successes. How? Innovation is the thing we all know we need for success, yet there is no rule book or standard guide for metrics. According to a McKinsey Global Survey, “No matter what form of innovation they pursue, far fewer companies measure it than pursue [...]

Starting Right: Idea Management Systems

Top Takeaway: Great store of resources and points of view on Dr. Lauchlan A. K. Mackinnon’s www.ideamanagementsystems.com  — well worth looking at with a fresh open mind. New software and systems bring improved efficiency and usability to idea management processes in smaller companies.  ……………………………………………………………………………………………………… Background: Formalized Idea Management Systems don’t seem to be the norm [...]

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