Monthly Archives: April 2011

Creative Acquisitions

M&A Without Buying the Company by Mike Myatt Most people tend to look at acquisitions from a rather myopic and traditional M&A perspective: making a strategic or synergistic purchase of an operating entity on an accretive basis. However restricting your view of acquisitions to operating companies is like playing a football game with only one play in your playbook. The ...

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What Does Your Innovation Globe Look Like?

When I was a boy I used to enjoy visiting my grandparents and one of my favorite objects in their living room was a globe where the countries would light up as different colors when I switched the globe on. After seeing all of these countries I would often go to the trusty Encyclopaedia Brittanica on the bookshelf to find ...

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Open Innovation Examples in B2B and Hi-Tech

I was recently asked for examples on high-tech companies that practice open innovation. It is a good question as we most often see open innovation examples among low-tech and fast-moving-consumer-good companies. Nevertheless, open innovation is relevant for all industries and we are starting to see high-tech and B2B companies with open innovation-like initiatives that are visible to the public eye. ...

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Product Experience Innovation

Feels Like the First Time by Robert F. Brands with Jeff Zbar When was the last time you experienced your product like it was your first time? Product development is a process of cycles – followed by closure. We innovate and create a new concept. Assemble teams to research, develop, manufacture and market the product or service. We then ship ...

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Seven Steps to Better Brainstorming

Important for CEOs to Maintain and Reset Focus by Idris Mootee Let’s start with this…this is not the best title. I really don’t like the word “brainstorming.” It means a group of people getting together to generate a lot of deas for the solution of a problem. In 1953 Alex Faickney Osborn popularized the method in his book called Applied ...

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P&G's Lessons from a Century of Open Innovation

Suffice it to say I was honored my friend Chris Thoen would agree to talk about P&G‘s Open Innovation history at the 3rd Open Innovation (OI) Summit at Baldwin Wallace College‘s Center for Innovation & Growth: Practical Challenges of Global Open Innovation.  Chris has been interviewed, quoted, written about extensively as a leader in OI, including on these pages, and for good reason. ...

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The Narrow Innovation Pathway

By – Paul Hobcraft Walking that narrow innovation pathway needs some rethinking. “Innovation is the pathway to travel and seek out our future” Today there is as much a gap between the aspiration to innovate and the ability to deliver on this. We still continue to ignore the constant suggestion that innovation should be systematic so the organization can provide ...

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Living Well through Collaboration

(This post continues the summary of fabulous stories and interactions at the 3rd Open Innovation Summit at Baldwin Wallace College’s (BW) Center for Innovation & Growth: Practical Challenges of Global Open Innovation featuring P&G on April 21st.) Craig Vogel, President of Live Well Collaborative (LWC), talked about being an Open Innovation partner of P&G, focusing on the over 50 population. ...

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Picking the Right Social Media Channels

The volume of social media channels available to engage with is exhausting. And they keep coming. As an individual or a business, there’s no way you can keep up with them all. And the good news is, you don’t have to. Take a step back, and answer these two questions: Where are my customers? Where am I most comfortable? The ...

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Innovation Essentials – Mindset

Mindset may the most overlooked strategic issue in business today. Getting yourself and your people into the right frame of mind is becoming a crucial determinant of competitiveness, thanks to two huge business trends. The first trend: For decades organizations have been growing flatter, with fewer layers of management and increasingly dispersed decision making. It’s a strategy that has reduced ...

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