Tag Archives | Open Innovation

Startup Engagement in Corporate Innovation

Recently, Match-Maker Ventures and Arthur D. Little have released an interesting report, titled “The Age of Collaboration“. The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. More and more corporations seek to engage with startups by pursuing corresponding activities across dedicated ecosystems and incorporating them […]

Continue Reading · Comments { 1 }

Leveraging New Ventures for Innovation

As pointed out in a recent post, teaming up with startups provides an opportunity for established firms to drive innovation without risking major interference with their core businesses. Particularly, with regard to radical or disruptive innovation, investing in startup incubators, accelerators or corporate venturing increases the chance to get access to promising novel technologies and business models. On the other […]

Continue Reading · Comments { 5 }

Balancing Large and Small Firm Capabilities

As outlined in earlier posts, organizations need to balance exploitation (i.e. development of existing business) and exploration (i.e. creation of new businesses) in order to thrive on the short and long term.  The corresponding integration of incremental and radical innovation can basically be achieved in different ways:   Building ambidextrous and lean startup capabilities Established organizations with larger size usually target at extending their core business by incementally […]

Continue Reading · Comments { 5 }

Innovation and Serendipity

In a previous post, I have pointed out the importance of diversity for innovation and organizational adaptability. Diversity is a crucial precursor to serendipity. In the Power of Pull, John Hagel, John Seely Brown and Lang Davison emphasize the rising need for serendipity: We need to find ways to attract relevant innovators and edge participants […]

Continue Reading · Comments { 9 }

An Integrative Approach to Strategy and Innovation

In my previous post I have stressed why an integrative approach to sustainable innovation management seems increasingly important to me. The main reason is, that modern organizations range in an environment of various tensions and continuous complexity. This situation requires structures, strategies and cultures to be in place that support dynamic balancing of opposing and complementary elements in the innovation process. Recently, […]

Continue Reading · Comments { 2 }

Integrative Innovation

Some people I’ve been collaborating with have recently encouraged me to open up an own blog. After having given it some thought, I decided to do so. I’m launching a new site and platform titled “Integrative Innovation” to share ideas and perspectives on innovation. You might ask: why “Integrative Innovation”? Is this yet another buzzword? I don’t think so. I rather […]

Continue Reading · Comments { 12 }

Key Issues in Innovation Management

This post was co-written with Tim Kastelle from Innovation for Growth.   What are the key innovation issues facing the business community right now? When we met up in person recently we had a great talk about this question. We’ve continued the discussion over email, and these are the four innovation management issues that we […]

Continue Reading · Comments { 1 }

Reconciling Organizational Improvement and Reinvention Through Social Business Design

This is the second part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the first part here.   A striking change of focus in the social business arena occurred during the last five years. Despite the fact that Andrew McAfee’s original definition specified its scope as «within companies, or between companies and […]

Continue Reading · Comments { 1 }

Business Model Innovation as Wicked Problem

This is the first part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the second part here.   We live in an age where emergent technologies continue to have massive effects on business and society. Rising complexity requires companies and economies to cope with increasingly interlocking systems. If we […]

Continue Reading · Comments { 2 }

The Future of Innovation is Open

Sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new venture, acquiring lean start up skills […]

Continue Reading · Comments { 4 }