Win A Prize! Guess the Open Innovation Numbers
In a previous blog entry, I talked about the LG Electronics open innovation design competition. LGE was kind enough to share some insights with me from that competition, and I will post some of them here on Monday. But before I do, I want to give you a chance to win some prizes (no, sadly […]
How To Create a Culture of Innovation
I define innovation as an “organization’s ability to adapt and evolve repeatedly and rapidly to stay one step ahead of the competition.” A culture of innovation, when done right, gives you a competitive edge because it makes you more nimble with an increased ability to sense and respond to change. A culture of innovation has […]
InnoCentive's Chief Innovation Evangelist
I am thrilled to announce that as of July 1st, I will become the “Chief Innovation Evangelist” for InnoCentive. If you are not aware, InnoCentive is an incredible company that is changing the world. They are leaders in the Open Innovation space. If you have a problem you want to solve, you can post the […]
The First Open Innovation?
Today is “Flag Day” in the United States. Since 1960, we have had 50 stars arranged as they appear in the image left. The first flag back in 1777 had 13 stars – one for each of the original states. Since then, according to USA Today, the number of stars has changed 27 times. According […]
LG Electronics Uses Open Innovation
According to a press release I received, “LG Mobile Phones (the fastest growing mobile phone brand in North America) is partnering with crowdSPRING (an online marketplace for creative services) and Autodesk (a leader in 2D and 3D design and engineering software) to hold a new competition to define the future of personal mobile communication.” They […]
Innovating in Tough Times
I was recently interviewed via email for a Canadian publication. I was asked 5 questions. Given the journalists deadline, I needed to provide an immediate response. Here are “off the top of my head” answers – without editing. 1. What is your own definition of an innovative business? An innovative business is one that continually […]
Open Source Innovation vs Open Innovation
I discussed Open Innovation many times in this blog. The other day, GlaxoSmithKline announced that they are collaborating with the National Cancer Institute to make a “large body of cancer cell genomic data available to all cancer researchers.” This feels more like “Open Source” Innovation. Much like Open Source Software, GSK has turned over a […]
An Open Innovation Dilemma Update
On Wednesday I posted an open innovation dilemma. In summary, as I created my short-list of logos developed using an open innovation approach, certain designers decided to “build on” (plagiarize?) the concepts I liked. Although this resulted in an improved design, it also presented an ethical dilemma. Only one designer can be awarded the prize. […]
An Open Innovation Dilemma
As mentioned in my previous post, I decided to use open innovation for the development of a logo. OK, it is quite small scale, but I wanted to see the results. Here are two quick interesting observations. Signal to Noise Ratio: This is my favorite measure of the innovation process. This is the ratio of a signal […]
Open Innovation
In the past I have written several blog entries about the power of Open Innovation. The most robust open innovation website out there is InnoCentive. Yesterday I decided to try some open innovation for my own business – on a much smaller scale. As mentioned before, we are launching a new website with a new web-strategy. As […]