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the hype innovation blog

Bridging different worlds – the power of recombinant innovation

Posted by John Bessant on Jul 12, 2016 10:06:57 PM

Wandering round Chicago in 1912 William Klann was a man on a mission. He was part of a team set up to explore ways in which they could reduce the costs of manufacturing a car to fulfil Henry Ford’s vision of ‘a motor car for the great multitude’.  They had already developed many of the ideas behind mass production – standardised and interchangeable parts, short task cycle work, specialist machinery – but what Klann saw while walking past the Swift Meat Packing Company’s factory gave him an insight into a key piece of the puzzle.  The workers were effectively dis-assembling meat carcasses, stripping off various different joints and cuts as the animals were led past them on a moving overhead conveyor.  In a classic moment of insight he saw the possibility of reversing this process – and within a short space of time the Ford factory boasted the world’s first moving assembly line.  Productivity rocketed as the new idea was implemented and refined; using the new approach Ford was able to cut the assembly time for a Model T to just 93 minutes.

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Topics: Open Innovation

3 ways to leverage your innovation ecosystem better

Posted by Oana-Maria Pop on Jun 22, 2016 11:17:41 AM

Co-development partnerships

Broad business networks

Independent networked organizations

Meta organizations

Collaborative arrangements

Temporary networks of innovation

Global networks of partners…

… Whatever you prefer to call them, innovation ecosystems are a core element in the growth of any organization. The reason is simple: having a diverse “entourage” of past, present, and future open innovation partners with whom to share risks and ideologies as well as reduce new product or service development costs represents the perfect context for value networks to emerge and for entrepreneurship to flourish. Companies and consortia to the likes of Salesforce (client relationship management systems), IMEC (Nano electronics), Korean Air (air travel) or P.R.O.F. (healthcare) are prime examples of how ecosystems can and should be used to create value no single organization can create on its own.

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Topics: Open Innovation

Playing chess with the Red Queen

Posted by John Bessant on Jun 8, 2016 11:13:20 AM

This is the Red Queen, one of the famous characters in Lewis Carroll’s ‘Alice through the Looking Glass’. And whilst she is an undoubtedly intriguing person, someone you might want to get to know better, here’s a word of advice. Don't try playing chess with her – you’ll very soon find yourself out of your depth!

There are three problems you’ll have to confront if you do decide you'd like to give it a go. First, she keeps changing the rules, arbitrarily making them up as she goes along. Second, she keeps changing the game – you might think you are playing chess but might suddenly decide to switch it to football or horse racing! And, as if these are not enough, she also lives in a world where this kind of behaviour is perfectly normal!

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Topics: Open Innovation

Managing Open Innovation: one challenge/ coping strategy at a time

Posted by Oana-Maria Pop on Apr 27, 2016 12:59:44 PM

A few months ago, The Economist published an excellent piece on how the fashion for making employees collaborate had gone too far. We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains).

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Topics: Open Innovation

Ernst & Young On Measuring Open Innovation

Posted by Oana-Maria Pop on Feb 22, 2016 2:48:00 PM

Consider for a moment the following three statements:

  • Innovation results from lucky accidents;
  • The more open the innovation process, the less disciplined;
  • Innovation can’t be measured.

What do they have in common? If you’re inclined to say: “They’re all truisms!” (= Truths too obvious to mention) I’d pat you on the back and kindly invite you to join us at the next HYPE Innovation Managers Forum in Bonn for two days of enlightening conversations about innovation practice. But luckily, that’s not the case. With you, dear reader, I don’t have to allude to anything. You’ve been following this blog (and others), not to mention implementing innovation strategies for long enough to recognize these common misconceptions about innovation. So in today’s post I’ve compiled some insights to take your existing wisdom further. More specifically, the post is about recent developments in open innovation metrics (yes, they matter!) and is inspired by a study titled Measuring Open Innovation published in Ernst & Young’s Performance Journal in mid-2014.

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Topics: Open Innovation

Brush Up On Your Open Innovation Know-How With The Best Of Henry Chesbrough’s Work

Posted by Oana-Maria Pop on Feb 17, 2016 11:16:28 AM

Nowadays, the Internet is littered (in a good way!) with applications designed to help you brush up on your know-how. Whichbook, for example, uses scales – i.e., “Larger than life - Down to earth”, “Optimistic - Bleak”, to generate your next inspiring Sunday read. Want to get better at producing music or just in need of some Monday Productivity Pointers? Lynda.com (now a LinkedIn Company in case you didn’t notice) can give you a hand with that. There is even a website that tosses a virtual coin for you, so you don’t have to. It’s called Random.org.

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Topics: Open Innovation

Open Innovation and Crowdsourcing Best Practices

Posted by Maria Wenning on Jan 20, 2016 5:00:00 AM

Open innovation (also known as user, cumulative, mass, or distributed innovation, or as know-how trading) and crowdsourcing are both affordable, reliable, powerful ways to keep your company on the cutting edge of innovative ideas and products. But if these techniques aren't used properly, they can fail to yield the results you're hoping for. First, you need to understand when to utilize open innovation and when crowdsourcing is the better option. After that, you need to leverage the right platforms at the right times in the right ways in order to produce success. Here's how you can score with these innovation strategies.

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Topics: Open Innovation

Outside / Inside Innovation: Combining Open Innovation with Employee Networks to Drive Success

Posted by Anthony Ferrier (CEO - Culturevate) on Mar 30, 2015 7:00:00 AM

While Innovation Programs have been around for some time, in the past 2-3 years there has been growth in two-major areas:

  • “Open” Innovation: A methodology, whereby ideas, inspirations and insights are sourced from outside of an organization.
  • Employee Innovation Networks: An approach that connects, educates and engages key employees around innovation skills, on an ongoing basis.

To date, both of these areas have been important to innovation leaders but in distinct and parallel ways. While this separation has made sense, it is now important for innovation leadership to consider how these focus areas can be better aligned to enhance business results. This should be considered within the context of interrelated, complex organization structures and the drive to enhance impact in an efficient manner.

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Topics: Open Innovation, Best Practice

Building an Effective Innovation Incubator / Accelerator: A New Approach

Posted by Anthony Ferrier (CEO - Culturevate) on Mar 25, 2015 7:00:00 AM

It seems that every time I chat with corporate innovation leaders these days their desire and / or plans to build an innovation incubator / accelerator pops up. And sure, I understand why they are going down this path. These efforts are fun! Who doesn’t love a beanbag?

While incubators are often first stage efforts and accelerators are often second stage, they are similar concepts and will be handled here together. The goal of these efforts is to give selected ideas an environment with resources, attention, tools and structure that will help them thrive and grow into successful ideas or businesses.

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Topics: Innovation Programs, Open Innovation

False positives, false negatives, and other innovation ghosts

Posted by Oana-Maria Pop on Mar 10, 2015 7:00:00 AM

Last month I had the pleasure of attending an inspiring management sciences seminar at ESADE Business School in Spain. The seminar’s aim was threefold.

  • First, it meant to frame (open) innovation (OI) as a theoretical concept, emphasizing OI as a discipline strongly endorsed by practitioners and therefore broadly accepted by the business community.
  • Secondly, it brought forward a plethora of examples from the industry to illustrate the great variety of OI mechanisms and strategies (browse through the complete list of options for OI in my previous post).
  • Finally, the seminar proposed a debate on the future of OI, which is by all accounts exciting – for example, evidence from the field supports the increased use of the lean start-up methodology within large organizations (i.e. intrapreneurship) to sustain adaptability and growth.

Similarly, the practice of borrowing concepts and constructs from other disciplines to foster and measure innovation (say, digital platforms analysed through the lens of evolutionary biology) or working more with simulations both in production and new service creation are also on the rise.

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Topics: Open Innovation, The Innovation Manager

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