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OPEN What’s Behind
INNOVATION the
                   Buzzword?



 22th November, 2011
The report in figure


                           1 Report
                          5 Authors
                        20 Companies

                           84 pages
                       11 Case studies
                          15 Quotes
                       19 Illustrations

                       …357 liters of tea
                                            2
20 companies actively leveraging Open Innovation




                                                   3
10 Take aways on Open Innovation

Take away    A structured and systematic approach for bringing
        1.
             outside inside




                                                                 4
10 Take aways on Open Innovation

Take away    A fast pace of adoption: only 10 years from first movers
        2.
             to large adoption




Open Innovation
adoption timeline




                                                                    5
10 Take aways on Open Innovation

Take away    Tapping into an almost unlimited number of external
        3.
             sources




General Mills vision
of Open Innovation




                                                               6
10 Take aways on Open Innovation

Take away    Positioning the open innovation strategy on the right
        4.
             openness scale




  Open Innovation
“Opennessmatrix”




                                                                     7
10 Take aways on Open Innovation

 Take away    Defining the right balance between depth and breadth
         5.
              of relationship with partners




Open Innovation
  the breadth /
 depth trade-off




                                                                     8
10 Take aways on Open Innovation

Take away    Excelling at the partner management process
        6.


                                       Company
                            PULL                 PUSH
                       Collaborative             Scouting
                          platforms,             department
                        Open days…
                                       Partner

           A real shift
           from rather
 random/experimental approaches
        to a manageable
       end-to-end process


                                                              9
10 Take aways on Open Innovation

Take away      There is no Open Innovation “free lunch”
        7.


             Open Innovation is not free
             and requires investments in
                    capabilities




                Top management sponsorship
                Corporate culture: from “not invented here” to “proudly
                 found elsewhere”
                Absorptive capacity
                Resources, time, budget, IT
                Success stories to communicate

                                                                           10
10 Take aways on Open Innovation

Take away    It is not only about appointing a “Chief Open
        8.
             Innovation Officer”


   Objective: Make Open
    Innovation a routine
   The key impact of a
    cross-functional
    approach
      With the lead of R&D
       & marketing (53%)
      New types of recruits:
       people who know little
       about many topics


                                                             11
10 Take aways on Open Innovation

Take away    Open Innovation has not resolved the innovation’s
        9.
             Bermuda triangle


   Analyze how OI
    impacts Innovation
    KPIs

   Introduce OI KPIs




                                                                 12
10 Take aways on Open Innovation

Take away    Open Innovation works!
       10.


                Shorter time to market
                                         Not cheaper




             Better IP protection




                      More sustainable
                                         Higher company’s
                                          innovativeness

                                                            13
More information:
www.institut-innovation-competitivite.eu




                                           14

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Open innovation: what's behind the buzword? Presentation

  • 1. OPEN What’s Behind INNOVATION the Buzzword? 22th November, 2011
  • 2. The report in figure 1 Report 5 Authors 20 Companies 84 pages 11 Case studies 15 Quotes 19 Illustrations …357 liters of tea 2
  • 3. 20 companies actively leveraging Open Innovation 3
  • 4. 10 Take aways on Open Innovation Take away A structured and systematic approach for bringing 1. outside inside 4
  • 5. 10 Take aways on Open Innovation Take away A fast pace of adoption: only 10 years from first movers 2. to large adoption Open Innovation adoption timeline 5
  • 6. 10 Take aways on Open Innovation Take away Tapping into an almost unlimited number of external 3. sources General Mills vision of Open Innovation 6
  • 7. 10 Take aways on Open Innovation Take away Positioning the open innovation strategy on the right 4. openness scale Open Innovation “Opennessmatrix” 7
  • 8. 10 Take aways on Open Innovation Take away Defining the right balance between depth and breadth 5. of relationship with partners Open Innovation the breadth / depth trade-off 8
  • 9. 10 Take aways on Open Innovation Take away Excelling at the partner management process 6. Company PULL PUSH Collaborative Scouting platforms, department Open days… Partner A real shift from rather random/experimental approaches to a manageable end-to-end process 9
  • 10. 10 Take aways on Open Innovation Take away There is no Open Innovation “free lunch” 7. Open Innovation is not free and requires investments in capabilities  Top management sponsorship  Corporate culture: from “not invented here” to “proudly found elsewhere”  Absorptive capacity  Resources, time, budget, IT  Success stories to communicate 10
  • 11. 10 Take aways on Open Innovation Take away It is not only about appointing a “Chief Open 8. Innovation Officer”  Objective: Make Open Innovation a routine  The key impact of a cross-functional approach  With the lead of R&D & marketing (53%)  New types of recruits: people who know little about many topics 11
  • 12. 10 Take aways on Open Innovation Take away Open Innovation has not resolved the innovation’s 9. Bermuda triangle  Analyze how OI impacts Innovation KPIs  Introduce OI KPIs 12
  • 13. 10 Take aways on Open Innovation Take away Open Innovation works! 10. Shorter time to market Not cheaper Better IP protection More sustainable Higher company’s innovativeness 13