Strategic Doing and Connected Innovation April 2013

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Food science is one area of the economy in which companies have embraced open innovation. But how can companies manage these relationships? How can they create shared value in a disciplined process? This presentation explores these issues.

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Strategic Doing and Connected Innovation April 2013

  1. 1. STRATEGIC DOING HOW IT FITS WITH CONNECTED INNOVATION LAUNCHING FOCUSED COLLABORATIONS QUICKLY Ed Morrison Regional Economic Development Advisor Purdue Center for Regional Development Connected Innovation Symposium Purdue Department of Food Science April 3, 2013
  2. 2. MANAGING INNOVATION IN OPEN NETWORKS
  3. 3. OPEN INNOVATION: THE FIRM VIEW BRINGING THE OUTSIDE IN 3
  4. 4. CONNECTED INNOVATION: A BIG VIEW WHAT HAPPENED TO OKLAHOMA CITY? 4
  5. 5. OKLAHOMA CITY’S PRIDE: 1994 SANTA FE PARKING GARAGE 5
  6. 6. OKLAHOMA CITY TODAY A LEADING ENTREPRENEURIAL CITY: HOW DID THAT HAPPEN? 6
  7. 7. HOW DO WE INNOVATE IN NETWORKS? IT SEEMS PRETTY COMPLEX 7
  8. 8. THE ANSWER: FOLLOW SIMPLE RULES SIMPLE RULES MANAGE COMPLEXITY 8
  9. 9. OPEN INNOVATION = CONVERSATIONS 9
  10. 10. HOW DO WE GUIDE CONVERSATIONS? HOW DO WE DEVELOP A STRATEGY? WHAT IS A STRATEGY? 10
  11. 11. A STRATEGY ANSWERS 2 QUESTIONS 11
  12. 12. STRATEGIC DOING: 4 QUESTIONS 12
  13. 13. IT’S A DISCIPLINE OF ITERATION SIMPLE, BUT NOT EASY...MASTERY REQUIRES PRACTICE 13
  14. 14. THINKING DIFFERENTLY STRATEGY EMERGES FROM “LEARNING BY DOING” Strategic Planning 14 Strategic Doing
  15. 15. KAYAKING IN THE OCEAN ADJUSTING TO DYNAMIC CONDITIONS 15
  16. 16. ALIGNMENT EMERGES SIMPLE QUESTIONS LEAD TO “LINK AND LEVERAGE” STRATEGIES 16
  17. 17. A LEAN, MANAGED NETWORK STRATEGIC FOCUS AREAS WITH MULTIPLE INITIATIVES 17
  18. 18. OKC: A REGION TRANSFORMED THE LESSONS ARE REPLICABLE 18
  19. 19. TEACHING STRATEGIC DOING 19
  20. 20. THANK YOU To learn more about Strategic Doing @ Purdue Peggy Hosea phosea@purdue.edu Drawings by Kim Mitchell 20

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