Author Archives: Kevin McFarthing

My Idea is a Bad Idea

There seems to have been a lot of discussion around the innovation blogs recently about who is allowed to innovate; tapping into the creativity of everybody; allowing people to run with their ideas; and making sure that idea selection doesn’t just happen at the top of the business.  The implication is that the originators of the idea should “own” the ...

Read More »

Directed Serendipity

Kevin-McFarthing

As each year goes by it gets tougher to buy Christmas presents, as you have to search harder for something original and at the same time desired. There is a strong parallel with Open Innovation (OI). You need to look harder and in new places to find new things. That’s where the concept of Directed Serendipity comes in. It simply ...

Read More »

Innovation and Soccer

Soccer

I’m passionate about innovation. I’m passionate about sport, particularly football – sorry, I should say soccer for a predominantly US audience. I also love sporting analogies and the use of sporting aphorisms in business. For example, when somebody says, “step up to the plate”, or “it’s a slam dunk”, the meaning is clear, even in countries where baseball and basketball ...

Read More »

Do challenging targets drive innovation?

Accessible-Comprehensive-550-by-200-banner-2

Let me first acknowledge the stimulus for this blog post – thank you to Jeffrey Phillips of OVO Innovation and his recent article on innovation and network effects. Jeffrey correctly pointed out that markets with intense competition are more likely to contain innovative companies. It follows Darwinian logic – not survival of the fittest, but survival of those most able ...

Read More »

Innovation Perspectives – A Rhetorical Question

Cubicles-Small

This is the lost fifth ‘Innovation Perspective‘ article that we were supposed to publish last month as part of a series from multiple authors to get different perspectives on ‘Should companies treat innovation management as a core competence? And if so, how?’. Here is the missing perspective in the series: by Kevin McFarthing It’s really a rhetorical question – should ...

Read More »

Don't Blame the IP Lawyer

Lawyer-Vulture-Small

I attended the 2nd Open Innovation Summit in Chicago last week. It was a really good event with many interesting presentations. In the pre-conference workshop, and in the main conference, the subject of obstacles to Open Innovation (OI) came up frequently. In many cases, the devil of the piece was the in-house lawyer. One presenter described herself as a “recovering ...

Read More »

How Open Should You Be With Open Innovation?

Classical “Not Invented Here (NIH)” approaches are usually associated with a secretive and highly protective approach to business. Such companies are keenly aware of the risk of disclosure, the danger of handing even the most minor advantage to competitors and the personal career risk of doing something wrong. The default position is usually legally-driven, involving heavy nondisclosure agreements (NDA), concern ...

Read More »

Innovation Perspectives – Create an Honest Crisis

Kevin-McFarthing

This is the eighth of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on ‘What are three specific actions that a non-innovative company can take to become more innovative?’. Here is the next perspective in the series: by Kevin McFarthing The pressures on all companies today are increasing, and even non-innovative companies ...

Read More »