5. 100%Open 2013
3 Minute Joint Venture
1. Explain what you do.
2. Find out what your partner does.
3. Agree what you could do together.
4. Give your joint venture a name.
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Case Study 1 – The LEGO Group
5 June 2013
We helped LEGO create their open innovation strategy and develop an ideas
platform rolled out to all employees and to an external community of 280,000 people.
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Case Study 2 – P&G
5 June 2013
We developed the Airlock for P&G to source new $100m opportunities. It enabled
product designers insight into their requirements through a confidential process.
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Case Study 3 - Orange
5 June 2013
We helped Orange develop two open innovation and crowdsourcing programmes
creating a new service, Fun Finder, and a new Giving App, Do Some Good.
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Case Study 4 – E.ON
5 June 2013
Home of the Future was a service innovation competition with 45,000 customers,
linked to a Channel 4 TV programme, that lead to 8 x £10m propositions.
13. 100%Open 2013
To change image Right click it and
choose Change Picture and Sent to Back
Investable Proposition Template
Idea
Innovation Brand Name:
Please sign here:
What’s the idea in a nutshell?
Why is it different?
New Feature
Describe the new technology,
service or behaviour that
we’re introducing.
Model
Who will benefit and how?
How is it sustainably financed?
What might go wrong?
Plan
How will we launch this?
Which partners will do what when?
What resources are needed now?
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Two Models of Open Innovation
• Starts with ‘what’ question: an innovation
brief detailing a specific unmet need
• Is a competitive marketplace amongst
customers, suppliers or users
• The innovation process is mediated by a
Trusted Agent
• Innovations are extracted through a
linear process
• Tend to be internal routes to market (e.g.
license deals)
Discover
• Starts with a ‘who’ question: finding
partners to explore a broad opportunity
• Is a cooperative community & process
, with customers, suppliers or users
• The innovation process is facilitated
through a Catalyst
• Innovations are built using an iterative
process
• Tend to be external routes to market (e.g.
joint ventures)
Jam