Author Archives: Kevin McFarthing

Is Innovation Really Everyone's Job?

The danger of saying “we’re all innovators” is that it dilutes the role of the teams whose primary responsibility is innovation. Unless responsibility and accountability for innovation are clear, confusion and inefficiency will potentially inhibit the output; innovation is then in danger of becoming a diminished buzzword.

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Changing the Innovation Game

Open Innovation has gained a lot of traction since Henry Chesbrough’s eponymous 2003 book. Simplistically, it can be split into two. The first, the vast majority, is inbound, where a business uses the assets of other companies to develop something new and take it to market. The second is outbound, where a company licenses its assets to somebody else to take to market.

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