Open Innovation

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The Importance of Casting a Wide Net While Innovating

Dr. Bornhofen is a practitioner-scholar who has a passion for helping organizations adopt change, act on new ideas, and grow through innovation. His Doctorate degree (2012) in Management focused learning in the areas of organizational change, leadership theory, and strategy. Read on to discover innovation best practices from Robert’s experience working at a range of renowned companies, including Citibank, Delta...

Matching Crowdsourcing to Specific Stages of Business Model Innovation

I like to argue (for example, here) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. In this piece, I want to shed some light on the issue by proposing a simple model that...

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. However the popularity of business innovation techniques is equalled by the confusion surrounding them. How is innovation best performed? Can guidelines for innovation be created? Recently, Gartner released a presentation, “The 5 Most Effective, Least Used Digital Innovation Hacks”1 outlining the results of a survey performed, asking...

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Using the Right Innovation Tool for the Job Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. In the time that has passed since then, this concept has become infinitely easier to implement thanks to the development of Innovation Management technology, however some companies are yet to wake...

The Winning Formula – The Advantages of Combining Higher Education and Innovation Management

Ideally, a university should be an ecosystem in which ideas are developed, challenged, and experimented with. As such, it would be natural to regard both education and innovation as mutually compatible. It’s surprising, therefore, that many academic institutions still lag when it comes to implementing well-structured innovation processes. Invention DNA, Genetic Fingerprinting, CDs, Computers, and the Internet. This is just...
Business Innovation Brief

Discover How Philip Morris International Is Transforming Via Innovative Self-Disruption

This insightful free webinar explores how the world’s leading cigarette company is implementing one of the most revolutionary innovation strategies in modern business…

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