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Creating An Innovation Culture In Your Organization   Dwayne Spradlin
 

Creating An Innovation Culture In Your Organization Dwayne Spradlin

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  • voiceover CRITICAL. It’s what everyone sells and only we can offer via 1) diversity 2) parallel processing and self selection and 3) offloading failure risk.
  • The world has changed a lot in 6 months – even before Sept 08. 9-11 without the smoke and sirens All business leaders are effected and need to modify strategies
  • 1. Let’s define OI2.Biggest Issues Culture Change – Do It Yourself ----- Proudly Found Elsewhere3. Find and combine Internal and External Ideas

Creating An Innovation Culture In Your Organization   Dwayne Spradlin Creating An Innovation Culture In Your Organization Dwayne Spradlin Presentation Transcript

  • “ Open”
    Creating an Innovation Culture in Your Organization
    UN June 10th 2009
    Dwayne Spradlin
    CEO InnoCentive, Inc.
  • Lifelines, “Ask the Audience” and Crowdsourcing
    • Lifelines
    • Humans irrationally gravitate to what they know
    • Uniquely prepared minds are everywhere
    • Implications for Businesses
    * Graphics property of respective owners
  • Innovation in 2009 & Beyond
    1
    BETTER
    Creativity and access to the brightest minds on demand
    2
    FASTER
    Competition and market conditions demand it
    3
    More Cost Effectively Than Before
    Pressure on expenses
    Organizations need to re-shape themselves
    Flexible platforms, organizations, business models and budgeting
    Organizations need to innovate in three ways:
    Open Innovation is a POWEFUL ANSWER
    for Businesses, Foundations, and Government alike
  • The Benefits of Open Innovation
    Faster time to market
    Faster product development cycles
    Avoid reinventing the wheel
    Accelerated Innovation
    Fund Solutions, not “trial & error projects”
    Faster realization of breakthrough challenges
    Dynamic flexibility to meet ebb & flow of demand
    More highly skilled resources without fixed costs
    BETTER, FASTER, and COST EFFECTIVE
  • A Crisis is a Terrible Thing to Waste
  • Open Innovation requires different mindset and Company Culture
    Difference between traditional innovation and open innovation:
    Open innovation requiresa different mindset and company culture from traditional or closed innovation.
    Source: www.wikipedia.org
  • Culture eats Strategy
    for Lunch
    - Customer Champion
  • Distinguished Panelists
    JUDITH ESTRIN, Author, Closing the Innovation Gap: Reigniting the Spark of Creativity in a Global EconomyTHE INNOVATION ECOSYSTEM
    MARTHIN DE BEER, SVP, Emerging Technologies Group, CISCO SystemsCREATING YOUR INNOVATION HUB
    NEIL BLAKESLEY, VP, Strategy Marketing & Propositions, BT AmericasUNLOCKING YOUR HIDDEN TALENT
    JOHN GIBSON, CEO, ParadigmRE-ENERGIZING THE ENERGY INDUSTRY