Open Innovation

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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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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Get Ready for Open Innovation

The leaders of successful small companies understand how important it is to have the right people in the right position. When resources are slim, the ability of everyone to do their job well matters tremendously. One or two weak links can spell the difference between success and failure. So it will come as no surprise when I say that people ...

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Paradox of Innovation and Intellectual Property

Being involved in Open Innovation (OI), one of the most cited stumbling blocks is, yes, lawyers – Intellectual Property (IP) attorneys specifically.  To most business and R&D folks, IP counsel are viewed as deal killers.  So I was anxious to hear Kelly McDow, Associate General Counsel for P&G‘s Connect+Develop, speak at the 3rd Open Innovation Summit at BW’s Center for Innovation & Growth*.  Kelly started ...

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Modularity & Openness Accelerate Innovation

Point: Use open innovation and modularity to identify new product/service needs and accelerate your pace of innovation Story: Rugged handheld computers are used every day by retailers,warehouse operators, service technicians, parcel companies, and transportation operators to log customer purchases, track inventory, monitor shipments, and scan tickets. Half a dozen manufacturers compete in the crowded market for these devices to serve ...

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BMW Not Serious About Open Innovation

Recently I read an article in Wall Street Journal on how the BMW iVentures capital fund plans to invest in smartphone app start-up firms. This was interesting so I decided to look further into how BMW approaches external contributions to their innovation efforts. This is one of the most respected car companies in the world and I still remember a ...

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Open Innovation and Crowdsourcing on the Rise

Imagine that you are planning a big surprise party. You want it to be entertaining, spectacular, memorable and different. You could plan and project manage every element of the party yourself: the theme, venue, music, food, drink, entertainment, games, diversions etc. Or you could involve a number of people to help you with their ideas and their skills. One person ...

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Open Innovation and Intellectual Property Rights

As I wrote in a recent blog post, I have noted a shift over the last couple of years. It used to be that the most-often asked questions on open innovation evolved around intellectual property rights. How can we do open innovation and still protect our intellectual property? This is still a very important issue, but I have noticed that ...

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Why Open Innovation Hype is a Good Thing

I met with a new client recently. It is an interesting and successful company that has decided to look further into open innovation and how this can help them become even more innovative. As we introduced ourselves, the CTO noticed that open innovation is very hyped right now. This is not the first time I have heard this in the ...

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What a Networked Innovation Culture Looks Like

In a recent post, Four Elements of Open Innovation Success, I mentioned that a networked innovation culture is critical. But what does a good networking culture looks like? It’s such a new concept that there aren’t a lot of examples available to illustrate it, but here are some key components of a good networking culture: Top executives have outlined clear ...

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