BusinessWeek.com has a great section, complete with slide show, on Innovation. (To get there, go here, then under the Radical Collaboration heading choose “An Innovation Network for Every Purpose” Slide Show).
There is a slide show option and also an option to read the story entitled: How IBM Makes Radical Collaboration Work.
As far as the article, it is a great look at many of the key challenges, goals and takeaways of the Open Innovation process, including:
- Customize and be bold. There is no one way to approach open innovation and collaboration. “What works best overall,” says the article, “is to think radically.”
- Join forces. Companies are coming together in the two-heads-are-better-than-one approach. This is nothing new, but the come-together approach looks today nothing like it did 20 years ago. There are fewer barriers to communication and collaboration, and with global business being what it is, there are no geographical constraints.
- With the good comes the not-so-good. It’s not easy to get people in the same or among multiple organizations to agree, is it? Questions like who runs the show, who’s in charge and who owns what ideas abound.
More on open innovation, from garden variety to radical, in my next entry…