Posts Tagged ‘open’

Three Imminent Innovation Events

Friday, August 27th, 2010

There are three upcoming innovation events that you can take advantage of.

1.  Gaining Competitive Advantage through Innovation Workshop.

To be held in London on Thursday Sept 16th.  This is a one day workshop in which you practise and learn creativity and innovation methods.  It will help you to develop new products and services.

2.  Innovation Unit Meeting on Open Innovation.

A half day event in London on Tuesday 5th October.  The Guest Speaker is David Simoes-Brown of 100% Open.  This is an interactive meeting where we review and discuss best practice in Open Innovation and Crowdsourcing.

3. Master Class on Innovation in the Public Sector

This is a one day workshop on Wednesday 13th October in London.  It will focus on the leadership, culture and processes for innovation with emphasis on government agencies and the public sector.

I hope to see you at one of these events.

Paul Sloane

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Workshop on Open Innovation

Tuesday, August 10th, 2010

The next meeting of the BQF Innovation Unit will take place on the morning of Tuesday 5th October in central London.  It will focus on Open Innovation and it will be interative and instructive.  It will be led by David Simoes-Brown of 100% Open, a consultancy that focuses on Open Innovation. 

Topics include

Open Innovation Accelerator

  • Why open innovation can get you better ideas, faster, cheaper
  • Opportunities in crowdsourcing, corporate collaborations and customer co-innovation
  • Pitfalls in open innovation and how to avoid them
  • Collaboration mindsets – how to develop Business Empathy

The meeting is open to BQF members and to non-members.  You can see more details and register here.  I look forward to meeting you if you come.

Paul Sloane

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Book Review – The Open Innovation Revolution

Friday, July 23rd, 2010

Stefan Lindegaard is recognised as a leading writer and thinker on innovation. In this book he takes on the hot topic of Open Innovation (OI) which he defines as bridging internal and external resources to make innovation happen. The early chapters are excellent. He clearly explains the need for OI and how to approach it. He argues that it is more important to get the right people in place than the right process in place. He shows how to identify and develop the people who drive OI. His sections on why CEOs do not get OI and how to overcome the roadblocks to OI are particularly cogent.

His style is very personal and directive with many first-person comments. There are various interviews and case studies in the book – some are excellent. I like the way he summarises the key takeaways in each chapter.

In the chapter on Radical Innovation he throws out a provocative statement – Radical Innovation is too difficult for most companies and they should play it safer. He then discusses the point and largely proves that it is true unless your business can meet the stringent guidelines that he develops.

In the later chapters he diverges from the main subject and covers topics such as knowing your personal values, managing time and polishing your personal brand. This is standard self-help stuff which really does not belong in this book. He returns towards the theme with a chapter on corporate business plan competitions which is packed with useful advice which applies to internal more than open innovation.

The book has many powerful examples, stories, tips and guidelines. Despite the diversions it stands as a valuable and practical addition to your innovation bookshelf.

Paul Sloane

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Siemens report on Open Innovation

Saturday, May 22nd, 2010

Siemens have published a detailed report on Open Innovation.  It contains many interesting points including a report from Grant Thornton on the sources of ideas.  Their survey revealed that the best sources of ideas were as follows as rated by percentage of respondents:

Customers                              41%

Heads of Business Units           35%

Employees                              33%

Internal R&D                         33%

CEO                                      27%

Partners & Suppliers               26%   

Sales                                    17%

Do you work with customers on a systematic basis as a source of innovation?

Paul Sloane

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21 Great Ways to Innovate

Friday, January 8th, 2010

How hard is it to innovate?  Not once but over and over?  How can you repeatedly implement great new products, processes or services?  Continuous innovation is not easy and if you keep using the same method you will experience diminishing results.  Try innovating how you innovate by employing some of these ideas. 

1. Copy someone else’s idea.  One of the best ways to innovate is to pinch an idea that works elsewhere and apply it in your business.  Henry Ford saw the production line working in a meat packing plant and then applied to the automobile industry thereby dramatically reducing assembly times and costs.

2. Ask customers.  If you simply ask your customers how you could improve your product or service they will give you plenty of ideas for incremental innovations.  Typically they will ask for new features or that you make your product cheaper, faster, easier to use, available in different styles and colours etc.  Listen to these requests carefully and choose the ones that will really pay back.

3. Observe customers.  Do not just ask them, watch them.  Try to see how customers use your products.  Do they use them in new ways?  This was what Levi Strauss saw when they found that customers ripped the jeans – so they brought a line of pre-ripped jeans. Heinz noticed that people stored their sauce jars upside down so they designed an upside down bottle.

4. Use difficulties and complaints.  If customers have difficulties with any aspect of using your product or if they register complaints then you have a strong starting point for innovations.  Make your product easier to use, eliminate the current inconveniences and introduce improvements that overcome the complaints.

5. Combine.  Combine your product with something else to make something new.  It works at all levels.  Think of a suitcase with wheels, or a mobile phone with a camera or a flight with a massage.

6. Eliminate.  What could you take out of your product or service to make it better?  Dell eliminated the computer store, Amazon eliminated the bookstore, the Sony Walkman eliminated speakers and record functions.

7. Ask your staff.  Challenge the people who work in the business to find new and better ways to do things and new and better ways to please customers.  They are close to the action and can see opportunities for innovation.  Often they just need encouragement to bring forward great ideas.

8. Plan.  Include targets for new products and services in your business plan.  Put it onto the balanced scorecard.  Write innovation into everyone’s objectives.  Measure it and it will happen.

9. Run brainstorms.  Have regular brainstorm meetings where you generate a large quantity of new product ideas.  Use diverse groups from different areas of the business and include a provocative outsider e.g. a customer or supplier.

10. Examine patents.  Check through patents that apply in your field.  Are there some that you could license?  Are some expiring so that you can now use that method?  Is there a different way of achieving the essential idea in a patent?

11. Collaborate.  Work with another company who can take you to places you can’t go.  Choose a partner with a similar philosophy but different skills.  That is what Mercedes did with Swatch when they came up with the Smart car.

12. Minimize or Maximize.  Take something that is standard in the industry and minimise or maximise it.  Ryanair minimized price and customer service.  Starbucks maximised price and customer experience.  It is better to be different than to be better.

13. Run a contest.  Ask members of the public to suggest great new product ideas.  Offer a prize.  Give people a clear focussed goal and they will surprise you with novel ideas.  Good for innovation and PR.

14. Ask – What if?  Do some lateral thinking by asking what if…..? Challenge every boundary and assumption that applies in your field.  You and your group will come up with amazing ideas once the normal constraints are lifted.

15. Watch the competition.  Do not slavishly follow the competition but watch them intelligently.  The small guys are often the most innovative so see if you can adapt or license one of their ideas – or even buy the company!

16. Outsource.  Subcontract your new product development challenge to a design company, a University, a start-up or a crowdsourcing site like Innocentive or Ninesigma.

17. Use Open Innovation.  Big consumer products companies like Proctor and Gamble or Reckitt Benckiser encourage developers to bring novel products to them.  They are flexible on IP protection and give a clear focus on what they are looking for.  A large proportion of their new products now start life outside the company.

18. Adapt a Product to a New Use.  Find an entirely different application for an existing product.  De Beers produced industrial diamonds but found a new use for diamonds when they introduced the concept of engagement rings.  It opened up a large new market for them.

19. Try Triz.  Triz is a systematic method for solving problems.  It can be applied in many fields but is particularly useful in engineering and product design.  Triz gives you a toolbox of methods to solve contradictions e.g. how can we make this product run faster but with less power?

20. Go Back in Time.  Look back at methods and services that were used in your sector years ago but have now fallen out of use.  Can you bring one back in a new updated form?  It has been said that Speed Dating is really a relaunch of a Victorian dance format where ladies had cards marked with appointments.

21. Use Social Networks.  Follow trends and ask questions on groups like Twitter or Facebook.  Ask what people want to see in future products or what the big new idea will be.  Many early adopters are active on social network groups and will happily respond with suggestions.

The ways to innovate are legion.  Try some approaches that are new to you in order to boost your innovation capability.

Paul Sloane

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Open Innovation and Innocentive

Friday, April 10th, 2009

We are now on the brink of a major evolution of open innovation according to an article by  John Hagel and John Seely Brown in BusinessWeek.   They describe the success of Innocentive, the first global Internet-based platform designed to help connect Seekers, those who had difficult research problems, with Solvers, those who came up with creative solutions to these problems.  

Since 2001, more than 170,000 participants from over 175 different countries have registered as Solvers. More than 800 problems have been posted, and almost 400 solutions have been found.  This represents almost a 50% success rate on problems that had stumped internal research and development staffs.  Almost $20 million in awards have been posted, while almost $4 million in awards have been paid out to successful Solvers.

They conclude by asking what can we learn from Innocentive’s success?

1.  Diversity enhances problem-solving

Research on problem-solving success rates clearly indicates that diversity increases the probability of coming up with a solution to challenging research problems. A surprisingly large portion of the solutions come from Solvers in very different disciplines.

2.  Scale matters

Serendipity is most likely to occur when a large number of diverse participants are aggregated in ways that expose them to a broad range of challenging problems.

3.  Governance is critical

Contrary to the popular view that open innovation is self-organizing and emergent, problem-solving platforms like InnoCentive’s are carefully structured to protect intellectual property and specify decision rights and reward distribution in advance.

4.  Teams amplify the power of individuals

Even on a platform initially designed to support individual problem-solvers, teams began to form to increase the probability of success in challenging big problems.

5.  Relationships trump transactions in successfully tackling a broader range of problems

As InnoCentive has begun to specify more explicitly the four levels of problem-solving, it realized that short-term transactions are effective in addressing only a limited set of well-defined problems. The broader and more diffuse a problem becomes, the more important it is to foster longer-term relationships among aspiring problem-solvers.

6.  Learn from others in building open innovation platforms

Even though InnoCentive is a pioneer in deploying an open innovation platform, it is carefully studying efforts by other groups to support collaboration and learning from their efforts. Recent initiatives at InnoCentive have been inspired by social networking platforms, shared workspace providers, online discussion forum sponsors and even online gaming.

7.  Open innovation has value within companies

While the practices and platforms designed to support open innovation initially were focused on reaching beyond the enterprise, these same practices and platforms have application within the enterprise as well. The company has developed a specific offering known as InnoCentive@Work that allows companies to post challenging research problems solely to its own employees.  Again, it is difficult to specify in advance which individuals, teams or even disciplines are likely to generate successful solutions, so executives are finding that solutions often arise from unanticipated parts of the firm.

The Innocentive model is the basis for the new style of Open Innovation.

Paul Sloane

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Competency Traps Meeting

Wednesday, July 30th, 2008

Today’s meeting of the BQF Innovation Unit discussed the issue of Competency Traps. The session was led by Richard Granger of Arthur D Little. He presented a comprehensive review of the topic and then facilitated a workshop where delegates assessed their organisational competence in 7 key areas. Competency traps are skills, attributes and things we are proud of, that constrain our thinking.  They break down into a Vision trap, a Routinisation trap and Technology traps.  Richard advised that the best way to combat these hazards is to open the organisation up to external stimuli.  This led into a discussion of many aspects of open innovation and we reviewed what P&G, Rolls-Royce and Philips Research were doing in these areas.  Seven key management capabilities were identified:

  1. Innovation Sourcing Strategy
  2. Ideas Management
  3. Business Intelligence
  4. Relationship Management
  5. Project Management
  6. Competence Management
  7. Innovation Culture

In the workshop session delegates identified the areas of greatness weakness as being Innovation Culture, Business Intelligence and Project Management.

There followed a presentation on Innovation actitivities at EDF Energy given by Kathy Hart.  She covered a range of initiatives including ‘Let’s Try it’, Dragon’s Lair, Ambassadors, Innovation Funding Incentives and E-Factor and described some of the successful innovations that have resulted.

Delegates who attended and BQF members can obtain copies of the powerpoint presentations from Pat Myles.

Our thanks go to our presenters Richard Granger and Kathy Hart for making the morning stimulating and productive.

Paul Sloane

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