The document summarizes an agenda for a workshop on open innovation. The agenda includes discussions on how open innovation can lead to better products faster and cheaper, asking interesting questions, collaboration mindsets and business empathy, and two models of open innovation called Discover and Jam. The workshop aims to help participants develop an open innovation challenge for their company and provide feedback on developing interesting questions. It also discusses skills needed for collaboration and dos and don'ts of communicating with partners in open innovation.

1. Mini Open Innovation AcceleratorOctober 5thth 201010/10/101

2. Today’s Agenda How open innovation can get you better new products, faster, cheaper 1100 Coffee 1130 Asking Interesting Questions 1230 Collaboration mindsets and Business Empathy 1300 Close followed by lunch

3. 10/10/103Reluctant PioneersLegoLego Mindstorms is their most successful product range ever and has helped shift their strategy from a toy manufacturer to an innovation platform.

4. 10/10/104Tell me, and I will forget.Show me, and I may remember.Involve me, and I will understand.Introducing Open Innovation(Confucius, BC 450)

5. 10/10/105The 5-minute joint ventureCollaboration Catalyst

6. 10/10/106Feedback5 Minute Joint Venture

7. 10/10/107Innovating with partners by sharing the risks and the rewardsIntroducing Open Innovation

8. The Solutions are Out There NassimTaleb

9. Developing Peripheral Vision10/10/109

10. Becoming Innovation Detectives© 100%Open 2010

11. 10/10/1011ShareMcLaren and NATSMcLaren’s predictive F1 software will allow air traffic controllers to predict how aircraft are likely to act at airports, overcoming costly and dangerous uncertainty.

12. 10/10/1012“Open innovation is a U-shaped process.” Open Innovation ProcessPaul Vanags, Oxfam

13. 10/10/1013Innovation is U-ShapedExploreExtractExploitFind trusted new collaboration partners

14. Uncover unmet needs or spot new opportunities for innovation

15. Co-create compelling new ideas, products or services

16. Filter the ideas and prototype innovations

17. Build and motivate collaborative teams

18. Create investable propositions with evidenced business plans

19. Form new collaborative business arrangements

20. Obtain the resources and commitments necessary

21. Coordinate production, communications and launch IBM Innovation JamsIBM brought together 150,000 people from 104 countries and 67 companies. As a result, 10 new IBM businesses were launched with seed investment of $100 million.10/10/1014

22. 10/10/1015Who are your top 1%?Lead users

23. 10/10/1016Virgin AtlanticVJamVirgin Atlantic’s return on investment has been 10:1, better value than using a commercial third party for system development, and for more radical ideas.

24. “You don’t own your reputation. It lives and breathes in those that interact with you.” Ron Burt10/10/1017Becoming the partner of choice

25. 10/10/1018Become a partner of choiceP&GWe invited the UK’s design community to respond to two open briefs on fabric care and wellness, to find global new markets worth $100 million.

26. Trusted Agents and Unmet NeedsAs innovation becomes more networked, a new market is opening up for brokersand intermediaries who provide safe spaces for collaboration.10/10/1019

27. “For complex and creative tasks, financial incentives have a negative impact on performance.”Dan Pink10/10/1020Tap into intrinsic incentives

28. 10/10/1021From Discovery to DetectionCancer Research UK OVC600 registered users, 160 listed ideas, 23 venture applications, 6 shortlisted candidates and 3 supported ventures generating a 25x ROI.

29. 10/10/1022Start at the EndTransparent processes

30. 10/10/1023ScanOrange – OSCR Project

31. 10/10/1024“The only thing harderthan starting something new, is stopping something old.”Russell AckoffSystems thinking

32. 10/10/1025Scan & ShareOracle - Open AlchemyLed to a major collaboration, Wellbe, between Oracle, BT, Pfizer and the NHS to provide a health incentive scheme for the UK to be launched for the 2012 Olympics .

33. 2 Models of Open InnovationDiscover™ and Jam™October 10, 201026Discover:Jam:Starts with an innovation brief detailing a specific unmet need

34. Is a competitive innovation marketplace amongst customers, suppliers or users

35. The innovation process is mediated by a Trusted Agent

36. Innovations are extracted through a linear process

37. Tend to be internal routes to market (e.g. license deals)

38. Starts with finding collaboration partners, often to explore a broad opportunity

39. Is a cooperative process , with customers, suppliers or users

40. The innovation process is facilitated through a Catalyst

41. Innovations are built using an iterative process

42. Tend to be external routes to market (e.g. joint ventures)10/10/1027Think of an open innovation challenge for your company. (Make it an interesting question)Coffee

43. 10/10/1028Asking interesting questionsOpen Innovation Accelerator

44. 10/10/1029Interesting to You