SlideShare a Scribd company logo
1 of 62
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
stefanlindegaard@me.com
Twitter: @lindegaard
Open Innovation: New Opportunities,
New Challenges
Hey! Freebookson 15inno.com!
Faster pace, shrinking window of opportunity,
less time for cash cows
Open innovation and biz model innovation is
key for becoming competitively unpredictable!
We need a more holistic approach to innovation!
What is open innovation?
“…a philosophy or a mindset that they should
embrace within their organization.
This mindset should enable their organization
to work with external input to the innovation
process just as naturally as it does with
internal input”
Open innovation as a term will disappear in 5-
7 years!
Employees SuppliersManagers Academics /
institutions
Executives VCsAlumni Startups
Business unit
/ function
Users /
consumers
Government
Competitors Inventors
Educate internally and externally – there’s
no point being alone on the playground!
NineSigma Alliances /
joint ventures
Campaigns
(Comm / Public)
Entrepreneur
Day
Consortia
MyStarbucks
Idea.com
Campaigns
(Comm / Public)
Supplier
Summit
CREDIT: OVO Innovation
P&G PHARMAMEDTECH
Cycle time, money, IPR, conservatism and
internal readiness
Go beyond the obvious areas!
Participation is the new brand
We have no choice!
Current pilot projects:
• "People are much more likely to act their way into a new way of
thinking, than think their way into a new way of acting."
• Richard Pascale
• Therefore we run pilot projects
• - in our production area (solving hard, “unsolvable” problems)
• - on improving the core LEGO experience through crowdsourcing
• - on how to improve core HR processes
• - on an Open Innovation platform
Develop the right conditions and framework
Be competitively unpredictable
Change how we innovate
110 sites identified, 50% unknown, 80% produced
Australian groups developed 3-D map of the mine
Goldcorp shared all their data in March 2000
1,000+ people joined; many from outside industry
Inditex / H&M: Value
chain innovation on
steroids
Microsoft Kinect: New
technology, new markets
Better Place: Establishing
new ecosystem
Premium Ingredients: Mini-
factories and communities
Apple
P&G
GE
Natura
Grundfos
Rolls-Royce
You can download my workbook on
15inno.com
Better internal collaboration, less silo mentality
= internal open innovation?
Don’t invite guests if you house is not in order!
What is open innovation? Where do we start?
Are small companies afraid of us? Who is in
the driver’s seat and who is in the back?
Upgrade your innovation mindset and toolbox!
Identify the types of external input / value pools
that fit your situation!
Start innovating on how you innovate
(experimentation, small bets, quick wins)
Work the internal and external stakeholders!
Become better communicators!
Let’s talk about an (open) innovation culture!
No networking culture? No innovation culture!
- future winners get communities to work!
Organizations must embrace experimentation
– and the failures that come along with it!
Only a truly burning platform or fully aligned
executives can change an innovation culture!
Grass-root: Big potential if supported properly!
Open up: Difficult, but the only way forward!
20% free time: You can’t copy this!
Top-down: Go from event to capability to culture!
Intrapreneurship is an overlooked tool:
“Intrapreneur: a person within a large
corporation who takes direct responsibility for
turning an idea into a profitable finished
product through assertive risk-taking and
innovation.”
American Heritage Dictionary, 1992
The Danfoss Group (Case Study)
• A leader in development and production of mechanical and electronic
products and controls
• 26,000 people and 3,7 billion EUR in revenues
• 3 main divisions
“I believe we possess all the resources and talents necessary. But the facts of the
matter are that we have never made the national decisions or marshaled the
national resources required for such leadership. We have never specified long-
range goals on an urgent time schedule, or managed our resources and our time
so as to insure their fulfillment.”
The Man on The Moon competition
• To identify and develop new ventures thatcreatessignificantgrowth
and/orstrategicadvantages
• To spot and develop talent
• To change the culture and establish”intrapreneurship” as a fourthcareerpath
Discovery – Incubation – Acceleration: Have
the right people at the right time!
“…an intrapreneur must have the ability to see and pursuepossibilities by
piecingtogether innovations acrossthreeor more business
functionssimultaneously.”
Paul Campbell, former VP, HP
A career path for trouble-makers?
“When someone tries to innovate within a traditional
organization,few will understand what he/she is doing,
but everybody will understand who is a trouble-maker.
After the innovation has been embraced by the
organization,few will remember who started it,
but everybody will remember who was a trouble-maker.
This is the dilemma encountered by many intrapreneurs
-they risk punishment for success.”
David Nordfos, Stanford
You need a common language / under-
standing to frame and work with the issues!
Every corporate culture is innovative! Find the
pockets, build the foundation and perception
No networking culture? No innovation culture!
- future winners get communities to work!
Only network if you have a purpose!
Know your needs – different types / efforts!
Committed executives and high-level managers!
Social media is a key networking tool today!
Direction, training, time – and courage to
leave comfort zone, experiment, be visionary!
Organizations must embrace experimentation
– and the failures that come along with it!
Small failures are accepted, but not big ones:
47 %
Failure is not accepted here:
7 %
More than half of the companies do not
recognize failure as an inherent part of an
innovation culture!
“Two types of failure:
- honorable failure is where an honest attempt at
something new or different has been tried
unsuccessfully and
- incompetent failure where people fail for lack of
effort or competence in standard operations.”
Credit: Paul Sloane
There are no quick fixes because the top
executives that got us into this mess are not
ready to lead us out of it!
Too much focus on products, technology
Silo rather than collaborative approaches
Poorly defined innovation strategy (if any)
Lack of resources (budget, people, infrastructure)
Unrealistic expectations on time, resources
Organizations must identify skills and mindset
needed for a stronger innovation culture
Most corporate innovation teams play catch-up!
Where is the vision and drive?
They lack communication skills and efforts!
They lack the courage to speak up!
They do not innovate on the innovation process!
They do not develop their mindset and toolbox!
1) Intrapreneurial skills
2) Networking talent
3) Communication skills
4) Strategic influencing
5) Adaptive fast learner
6) Balanced optimism
7) Tolerance for uncertainty
8) Passion
It must be a key objective for corporate innovation
teams to educate – up as well as down!
If you want to change a culture, you should
reward behaviors as well as results!
TBX(O) – Sometimes middle-managers hinder
innovation just by doing their job!
People first, processes next, then ideas!
Get in touch!
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
stefanlindegaard@me.com
Twitter: @lindegaard
Hey! Freebookson 15inno.com!

More Related Content

What's hot

Open Innovation: New Challenges, New Opportunities
Open Innovation: New Challenges, New OpportunitiesOpen Innovation: New Challenges, New Opportunities
Open Innovation: New Challenges, New OpportunitiesStefan Lindegaard
 
What is the Benefit of an Open Innovation Process?
What is the Benefit of an Open Innovation Process?What is the Benefit of an Open Innovation Process?
What is the Benefit of an Open Innovation Process?Jose Briones
 
Sam Inkinen Open Innovation and Web 2.0
Sam Inkinen Open Innovation and Web 2.0Sam Inkinen Open Innovation and Web 2.0
Sam Inkinen Open Innovation and Web 2.0samink
 
Beautiful beginning for open innovation
Beautiful beginning for open innovationBeautiful beginning for open innovation
Beautiful beginning for open innovationAditya Pawar
 
190429 open innovation framework
190429 open innovation framework190429 open innovation framework
190429 open innovation frameworkDaniele Pes
 
Open Innovation with an example from P&G
Open Innovation with an example from P&GOpen Innovation with an example from P&G
Open Innovation with an example from P&GFahad Abbasi
 
Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Ideon Open
 
How To Implement Open Innovation: OI Chess Paradigm
How To Implement Open Innovation: OI Chess ParadigmHow To Implement Open Innovation: OI Chess Paradigm
How To Implement Open Innovation: OI Chess ParadigmRob Veldt
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on InnovationStefan Lindegaard
 
Project Management vs Innovation: Friends or Foes?
Project Management vs Innovation: Friends or Foes?Project Management vs Innovation: Friends or Foes?
Project Management vs Innovation: Friends or Foes?Tathagat Varma
 
Design Thinking, by André Convents, Procter & Gamble
Design Thinking, by André Convents, Procter & GambleDesign Thinking, by André Convents, Procter & Gamble
Design Thinking, by André Convents, Procter & Gambleresearchvlerick
 
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...Corporate Innovation : developing a lean & curious culture : Michel Duchateau...
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...Michel Duchateau
 
Leadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul SloaneLeadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul Sloane★ Tony Karrer
 
Project management and innovation strategy
Project management and innovation strategyProject management and innovation strategy
Project management and innovation strategyStephen Anthony
 
Innovation Mangement
Innovation MangementInnovation Mangement
Innovation MangementVikas Luthra
 
Open Innovation - How to succeed?
Open Innovation - How to succeed?Open Innovation - How to succeed?
Open Innovation - How to succeed?Yann Ruello
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on InnovationStefan Lindegaard
 

What's hot (20)

Open Innovation: New Challenges, New Opportunities
Open Innovation: New Challenges, New OpportunitiesOpen Innovation: New Challenges, New Opportunities
Open Innovation: New Challenges, New Opportunities
 
What is the Benefit of an Open Innovation Process?
What is the Benefit of an Open Innovation Process?What is the Benefit of an Open Innovation Process?
What is the Benefit of an Open Innovation Process?
 
Sam Inkinen Open Innovation and Web 2.0
Sam Inkinen Open Innovation and Web 2.0Sam Inkinen Open Innovation and Web 2.0
Sam Inkinen Open Innovation and Web 2.0
 
Beautiful beginning for open innovation
Beautiful beginning for open innovationBeautiful beginning for open innovation
Beautiful beginning for open innovation
 
190429 open innovation framework
190429 open innovation framework190429 open innovation framework
190429 open innovation framework
 
Open Innovation with an example from P&G
Open Innovation with an example from P&GOpen Innovation with an example from P&G
Open Innovation with an example from P&G
 
Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Procter & Gamble open innovation approach
Procter & Gamble open innovation approach
 
How To Implement Open Innovation: OI Chess Paradigm
How To Implement Open Innovation: OI Chess ParadigmHow To Implement Open Innovation: OI Chess Paradigm
How To Implement Open Innovation: OI Chess Paradigm
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on Innovation
 
Open innovation and strategy
Open innovation and strategyOpen innovation and strategy
Open innovation and strategy
 
Project Management vs Innovation: Friends or Foes?
Project Management vs Innovation: Friends or Foes?Project Management vs Innovation: Friends or Foes?
Project Management vs Innovation: Friends or Foes?
 
Design Thinking, by André Convents, Procter & Gamble
Design Thinking, by André Convents, Procter & GambleDesign Thinking, by André Convents, Procter & Gamble
Design Thinking, by André Convents, Procter & Gamble
 
Connect and develop
Connect and developConnect and develop
Connect and develop
 
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...Corporate Innovation : developing a lean & curious culture : Michel Duchateau...
Corporate Innovation : developing a lean & curious culture : Michel Duchateau...
 
Leadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul SloaneLeadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul Sloane
 
Project management and innovation strategy
Project management and innovation strategyProject management and innovation strategy
Project management and innovation strategy
 
Erhvervsakademi Aarhus
Erhvervsakademi AarhusErhvervsakademi Aarhus
Erhvervsakademi Aarhus
 
Innovation Mangement
Innovation MangementInnovation Mangement
Innovation Mangement
 
Open Innovation - How to succeed?
Open Innovation - How to succeed?Open Innovation - How to succeed?
Open Innovation - How to succeed?
 
A Presentation on Innovation
A Presentation on InnovationA Presentation on Innovation
A Presentation on Innovation
 

Viewers also liked

Introduction to OPEN INNOVATION
Introduction to OPEN INNOVATIONIntroduction to OPEN INNOVATION
Introduction to OPEN INNOVATIONSerdar Temiz
 
Impact of technology on fitness industry - IHRSA 2010
Impact of technology on fitness industry - IHRSA 2010Impact of technology on fitness industry - IHRSA 2010
Impact of technology on fitness industry - IHRSA 2010Bryan K. O'Rourke
 
Cesar Castro Open Innovation Presentation
Cesar Castro   Open Innovation PresentationCesar Castro   Open Innovation Presentation
Cesar Castro Open Innovation PresentationDiscoveryCast, Inc.
 
Defining Innovation Types.
Defining Innovation Types.Defining Innovation Types.
Defining Innovation Types.Dr. Marc Sniukas
 
Innovation process & models
Innovation process & modelsInnovation process & models
Innovation process & modelsVijayKrKhurana
 

Viewers also liked (7)

Open innovation
Open innovationOpen innovation
Open innovation
 
Open innovation
Open innovationOpen innovation
Open innovation
 
Introduction to OPEN INNOVATION
Introduction to OPEN INNOVATIONIntroduction to OPEN INNOVATION
Introduction to OPEN INNOVATION
 
Impact of technology on fitness industry - IHRSA 2010
Impact of technology on fitness industry - IHRSA 2010Impact of technology on fitness industry - IHRSA 2010
Impact of technology on fitness industry - IHRSA 2010
 
Cesar Castro Open Innovation Presentation
Cesar Castro   Open Innovation PresentationCesar Castro   Open Innovation Presentation
Cesar Castro Open Innovation Presentation
 
Defining Innovation Types.
Defining Innovation Types.Defining Innovation Types.
Defining Innovation Types.
 
Innovation process & models
Innovation process & modelsInnovation process & models
Innovation process & models
 

Similar to SA Innovation Summit 2013: Open Innovation - New Opportunities, New Challenges

Unleashing the Power of Intrapreneurs and Innovators - June 2013
Unleashing the Power of Intrapreneurs and Innovators - June 2013Unleashing the Power of Intrapreneurs and Innovators - June 2013
Unleashing the Power of Intrapreneurs and Innovators - June 2013Stefan Lindegaard
 
Innovators and Intrapreneurs - Talk in Istanbul, Turkey
Innovators and Intrapreneurs - Talk in Istanbul, TurkeyInnovators and Intrapreneurs - Talk in Istanbul, Turkey
Innovators and Intrapreneurs - Talk in Istanbul, TurkeyStefan Lindegaard
 
Be Competitively Unpredictable with Open Innovation - February 2013
Be Competitively Unpredictable with Open Innovation - February 2013Be Competitively Unpredictable with Open Innovation - February 2013
Be Competitively Unpredictable with Open Innovation - February 2013Stefan Lindegaard
 
Be Competitively Unpredictable! - Make it happen with innovation
Be Competitively Unpredictable! - Make it happen with innovationBe Competitively Unpredictable! - Make it happen with innovation
Be Competitively Unpredictable! - Make it happen with innovationStefan Lindegaard
 
Riding on the Currents of Innovation to Supercharge Employee Relations
Riding on the Currents of Innovation to Supercharge Employee RelationsRiding on the Currents of Innovation to Supercharge Employee Relations
Riding on the Currents of Innovation to Supercharge Employee RelationsJoris Claeys
 
ARPEL 2013: The Oil and Gas Conference
ARPEL 2013: The Oil and Gas ConferenceARPEL 2013: The Oil and Gas Conference
ARPEL 2013: The Oil and Gas ConferenceStefan Lindegaard
 
Open Innovation and Higher Education - British Library Sept 27
Open Innovation and Higher Education - British Library Sept 27Open Innovation and Higher Education - British Library Sept 27
Open Innovation and Higher Education - British Library Sept 27Stefan Lindegaard
 
The People Side of Innovation
The People Side of InnovationThe People Side of Innovation
The People Side of InnovationStefan Lindegaard
 
Talk at Motiv, Washington - Nov 12
Talk at Motiv, Washington - Nov 12Talk at Motiv, Washington - Nov 12
Talk at Motiv, Washington - Nov 12Stefan Lindegaard
 
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...Ikinnoveer
 
Open Innovation in Action - Stevenage Bioscience Catalyst
Open Innovation in Action - Stevenage Bioscience CatalystOpen Innovation in Action - Stevenage Bioscience Catalyst
Open Innovation in Action - Stevenage Bioscience CatalystStefan Lindegaard
 
PersonalForum 2012 - HR Norge, Nov 7
PersonalForum 2012 - HR Norge, Nov 7PersonalForum 2012 - HR Norge, Nov 7
PersonalForum 2012 - HR Norge, Nov 7Stefan Lindegaard
 
Procesos intraemprendedores Mondragon Team Academy en MBA 201617
Procesos intraemprendedores Mondragon Team Academy en MBA 201617Procesos intraemprendedores Mondragon Team Academy en MBA 201617
Procesos intraemprendedores Mondragon Team Academy en MBA 201617Aitor Lizartza
 
Ignite your strategic thinking mit innovation lab
Ignite your strategic thinking mit innovation labIgnite your strategic thinking mit innovation lab
Ignite your strategic thinking mit innovation labAlan Scrase
 
TrainingIndustryInnovationArticle-Mandel-Summer2015
TrainingIndustryInnovationArticle-Mandel-Summer2015TrainingIndustryInnovationArticle-Mandel-Summer2015
TrainingIndustryInnovationArticle-Mandel-Summer2015Beth Boone
 
Rethink Innovation! - My webinar with Hype, May 12
Rethink Innovation! - My webinar with Hype, May 12Rethink Innovation! - My webinar with Hype, May 12
Rethink Innovation! - My webinar with Hype, May 12Stefan Lindegaard
 
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate Toolkit
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate ToolkitBrand Box 4 - What's The Big Idea? The Marketer's Ultimate Toolkit
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate ToolkitAshton Bishop
 
VidenDanmark + Sam Kondo Steffensen
VidenDanmark + Sam Kondo SteffensenVidenDanmark + Sam Kondo Steffensen
VidenDanmark + Sam Kondo SteffensenVidenDanmark
 

Similar to SA Innovation Summit 2013: Open Innovation - New Opportunities, New Challenges (20)

Unleashing the Power of Intrapreneurs and Innovators - June 2013
Unleashing the Power of Intrapreneurs and Innovators - June 2013Unleashing the Power of Intrapreneurs and Innovators - June 2013
Unleashing the Power of Intrapreneurs and Innovators - June 2013
 
Innovators and Intrapreneurs - Talk in Istanbul, Turkey
Innovators and Intrapreneurs - Talk in Istanbul, TurkeyInnovators and Intrapreneurs - Talk in Istanbul, Turkey
Innovators and Intrapreneurs - Talk in Istanbul, Turkey
 
Be Competitively Unpredictable with Open Innovation - February 2013
Be Competitively Unpredictable with Open Innovation - February 2013Be Competitively Unpredictable with Open Innovation - February 2013
Be Competitively Unpredictable with Open Innovation - February 2013
 
WebExpoForum
WebExpoForumWebExpoForum
WebExpoForum
 
Be Competitively Unpredictable! - Make it happen with innovation
Be Competitively Unpredictable! - Make it happen with innovationBe Competitively Unpredictable! - Make it happen with innovation
Be Competitively Unpredictable! - Make it happen with innovation
 
Riding on the Currents of Innovation to Supercharge Employee Relations
Riding on the Currents of Innovation to Supercharge Employee RelationsRiding on the Currents of Innovation to Supercharge Employee Relations
Riding on the Currents of Innovation to Supercharge Employee Relations
 
ARPEL 2013: The Oil and Gas Conference
ARPEL 2013: The Oil and Gas ConferenceARPEL 2013: The Oil and Gas Conference
ARPEL 2013: The Oil and Gas Conference
 
Open Innovation and Higher Education - British Library Sept 27
Open Innovation and Higher Education - British Library Sept 27Open Innovation and Higher Education - British Library Sept 27
Open Innovation and Higher Education - British Library Sept 27
 
The People Side of Innovation
The People Side of InnovationThe People Side of Innovation
The People Side of Innovation
 
Talk at Motiv, Washington - Nov 12
Talk at Motiv, Washington - Nov 12Talk at Motiv, Washington - Nov 12
Talk at Motiv, Washington - Nov 12
 
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...
IA Innovatiemanagement II. Voka Kempen. Sessie 1. Pieter Sprangers Américo Ma...
 
Rethink Innovation!
Rethink Innovation!Rethink Innovation!
Rethink Innovation!
 
Open Innovation in Action - Stevenage Bioscience Catalyst
Open Innovation in Action - Stevenage Bioscience CatalystOpen Innovation in Action - Stevenage Bioscience Catalyst
Open Innovation in Action - Stevenage Bioscience Catalyst
 
PersonalForum 2012 - HR Norge, Nov 7
PersonalForum 2012 - HR Norge, Nov 7PersonalForum 2012 - HR Norge, Nov 7
PersonalForum 2012 - HR Norge, Nov 7
 
Procesos intraemprendedores Mondragon Team Academy en MBA 201617
Procesos intraemprendedores Mondragon Team Academy en MBA 201617Procesos intraemprendedores Mondragon Team Academy en MBA 201617
Procesos intraemprendedores Mondragon Team Academy en MBA 201617
 
Ignite your strategic thinking mit innovation lab
Ignite your strategic thinking mit innovation labIgnite your strategic thinking mit innovation lab
Ignite your strategic thinking mit innovation lab
 
TrainingIndustryInnovationArticle-Mandel-Summer2015
TrainingIndustryInnovationArticle-Mandel-Summer2015TrainingIndustryInnovationArticle-Mandel-Summer2015
TrainingIndustryInnovationArticle-Mandel-Summer2015
 
Rethink Innovation! - My webinar with Hype, May 12
Rethink Innovation! - My webinar with Hype, May 12Rethink Innovation! - My webinar with Hype, May 12
Rethink Innovation! - My webinar with Hype, May 12
 
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate Toolkit
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate ToolkitBrand Box 4 - What's The Big Idea? The Marketer's Ultimate Toolkit
Brand Box 4 - What's The Big Idea? The Marketer's Ultimate Toolkit
 
VidenDanmark + Sam Kondo Steffensen
VidenDanmark + Sam Kondo SteffensenVidenDanmark + Sam Kondo Steffensen
VidenDanmark + Sam Kondo Steffensen
 

More from Stefan Lindegaard

Stefan Lindegaard - November 2019
Stefan Lindegaard - November 2019Stefan Lindegaard - November 2019
Stefan Lindegaard - November 2019Stefan Lindegaard
 
The Digital Age for Corporate Innovation
The Digital Age for Corporate InnovationThe Digital Age for Corporate Innovation
The Digital Age for Corporate InnovationStefan Lindegaard
 
Artificial Intelligence for Corporate Innovation
Artificial Intelligence for Corporate InnovationArtificial Intelligence for Corporate Innovation
Artificial Intelligence for Corporate InnovationStefan Lindegaard
 
The (gloomy) picture of robots and jobs!
The (gloomy) picture of robots and jobs!The (gloomy) picture of robots and jobs!
The (gloomy) picture of robots and jobs!Stefan Lindegaard
 
Leadership in the Era of Innovation - A Case Based Presentation
Leadership in the Era of Innovation - A Case Based PresentationLeadership in the Era of Innovation - A Case Based Presentation
Leadership in the Era of Innovation - A Case Based PresentationStefan Lindegaard
 
Transform - or Die! - New York and Chicago
Transform - or Die! - New York and ChicagoTransform - or Die! - New York and Chicago
Transform - or Die! - New York and ChicagoStefan Lindegaard
 
Rethink Innovation and Transform Your Company!
Rethink Innovation and Transform Your Company!Rethink Innovation and Transform Your Company!
Rethink Innovation and Transform Your Company!Stefan Lindegaard
 
Open Innovation at Electrolux
Open Innovation at ElectroluxOpen Innovation at Electrolux
Open Innovation at ElectroluxStefan Lindegaard
 
Using Metrics for R&D and Innovation - Innovation MasterClass May 5
Using Metrics for R&D and Innovation - Innovation MasterClass May 5Using Metrics for R&D and Innovation - Innovation MasterClass May 5
Using Metrics for R&D and Innovation - Innovation MasterClass May 5Stefan Lindegaard
 
Fashion Go Social - Aarhus, April 30
Fashion Go Social - Aarhus, April 30Fashion Go Social - Aarhus, April 30
Fashion Go Social - Aarhus, April 30Stefan Lindegaard
 
Measuring Return on Research and Innovation
Measuring Return on Research and InnovationMeasuring Return on Research and Innovation
Measuring Return on Research and InnovationStefan Lindegaard
 
Driving Open Innovation in Food, Drink and Nutraceuticals
Driving Open Innovation in Food, Drink and NutraceuticalsDriving Open Innovation in Food, Drink and Nutraceuticals
Driving Open Innovation in Food, Drink and NutraceuticalsStefan Lindegaard
 

More from Stefan Lindegaard (14)

Stefan Lindegaard - November 2019
Stefan Lindegaard - November 2019Stefan Lindegaard - November 2019
Stefan Lindegaard - November 2019
 
TEM April
TEM AprilTEM April
TEM April
 
The Digital Age for Corporate Innovation
The Digital Age for Corporate InnovationThe Digital Age for Corporate Innovation
The Digital Age for Corporate Innovation
 
Artificial Intelligence for Corporate Innovation
Artificial Intelligence for Corporate InnovationArtificial Intelligence for Corporate Innovation
Artificial Intelligence for Corporate Innovation
 
The (gloomy) picture of robots and jobs!
The (gloomy) picture of robots and jobs!The (gloomy) picture of robots and jobs!
The (gloomy) picture of robots and jobs!
 
Leadership in the Era of Innovation - A Case Based Presentation
Leadership in the Era of Innovation - A Case Based PresentationLeadership in the Era of Innovation - A Case Based Presentation
Leadership in the Era of Innovation - A Case Based Presentation
 
Transform - or Die! - New York and Chicago
Transform - or Die! - New York and ChicagoTransform - or Die! - New York and Chicago
Transform - or Die! - New York and Chicago
 
Rethink Innovation and Transform Your Company!
Rethink Innovation and Transform Your Company!Rethink Innovation and Transform Your Company!
Rethink Innovation and Transform Your Company!
 
Open Innovation at Electrolux
Open Innovation at ElectroluxOpen Innovation at Electrolux
Open Innovation at Electrolux
 
Using Metrics for R&D and Innovation - Innovation MasterClass May 5
Using Metrics for R&D and Innovation - Innovation MasterClass May 5Using Metrics for R&D and Innovation - Innovation MasterClass May 5
Using Metrics for R&D and Innovation - Innovation MasterClass May 5
 
Fashion Go Social - Aarhus, April 30
Fashion Go Social - Aarhus, April 30Fashion Go Social - Aarhus, April 30
Fashion Go Social - Aarhus, April 30
 
The Power of the Crowd
The Power of the CrowdThe Power of the Crowd
The Power of the Crowd
 
Measuring Return on Research and Innovation
Measuring Return on Research and InnovationMeasuring Return on Research and Innovation
Measuring Return on Research and Innovation
 
Driving Open Innovation in Food, Drink and Nutraceuticals
Driving Open Innovation in Food, Drink and NutraceuticalsDriving Open Innovation in Food, Drink and Nutraceuticals
Driving Open Innovation in Food, Drink and Nutraceuticals
 

Recently uploaded

Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireExakis Nelite
 
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...ScyllaDB
 
Oauth 2.0 Introduction and Flows with MuleSoft
Oauth 2.0 Introduction and Flows with MuleSoftOauth 2.0 Introduction and Flows with MuleSoft
Oauth 2.0 Introduction and Flows with MuleSoftshyamraj55
 
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxHarnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxFIDO Alliance
 
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPTiSEO AI
 
Vector Search @ sw2con for slideshare.pptx
Vector Search @ sw2con for slideshare.pptxVector Search @ sw2con for slideshare.pptx
Vector Search @ sw2con for slideshare.pptxjbellis
 
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxCyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxMasterG
 
Design and Development of a Provenance Capture Platform for Data Science
Design and Development of a Provenance Capture Platform for Data ScienceDesign and Development of a Provenance Capture Platform for Data Science
Design and Development of a Provenance Capture Platform for Data SciencePaolo Missier
 
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...panagenda
 
Hyatt driving innovation and exceptional customer experiences with FIDO passw...
Hyatt driving innovation and exceptional customer experiences with FIDO passw...Hyatt driving innovation and exceptional customer experiences with FIDO passw...
Hyatt driving innovation and exceptional customer experiences with FIDO passw...FIDO Alliance
 
Introduction to FIDO Authentication and Passkeys.pptx
Introduction to FIDO Authentication and Passkeys.pptxIntroduction to FIDO Authentication and Passkeys.pptx
Introduction to FIDO Authentication and Passkeys.pptxFIDO Alliance
 
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Paige Cruz
 
Intro to Passkeys and the State of Passwordless.pptx
Intro to Passkeys and the State of Passwordless.pptxIntro to Passkeys and the State of Passwordless.pptx
Intro to Passkeys and the State of Passwordless.pptxFIDO Alliance
 
Event-Driven Architecture Masterclass: Challenges in Stream Processing
Event-Driven Architecture Masterclass: Challenges in Stream ProcessingEvent-Driven Architecture Masterclass: Challenges in Stream Processing
Event-Driven Architecture Masterclass: Challenges in Stream ProcessingScyllaDB
 
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...Skynet Technologies
 
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsContinuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsLeah Henrickson
 
ChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityVictorSzoltysek
 
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...marcuskenyatta275
 
Portal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russePortal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russe中 央社
 
Design Guidelines for Passkeys 2024.pptx
Design Guidelines for Passkeys 2024.pptxDesign Guidelines for Passkeys 2024.pptx
Design Guidelines for Passkeys 2024.pptxFIDO Alliance
 

Recently uploaded (20)

Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - Questionnaire
 
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
 
Oauth 2.0 Introduction and Flows with MuleSoft
Oauth 2.0 Introduction and Flows with MuleSoftOauth 2.0 Introduction and Flows with MuleSoft
Oauth 2.0 Introduction and Flows with MuleSoft
 
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxHarnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
 
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
 
Vector Search @ sw2con for slideshare.pptx
Vector Search @ sw2con for slideshare.pptxVector Search @ sw2con for slideshare.pptx
Vector Search @ sw2con for slideshare.pptx
 
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxCyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
 
Design and Development of a Provenance Capture Platform for Data Science
Design and Development of a Provenance Capture Platform for Data ScienceDesign and Development of a Provenance Capture Platform for Data Science
Design and Development of a Provenance Capture Platform for Data Science
 
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
 
Hyatt driving innovation and exceptional customer experiences with FIDO passw...
Hyatt driving innovation and exceptional customer experiences with FIDO passw...Hyatt driving innovation and exceptional customer experiences with FIDO passw...
Hyatt driving innovation and exceptional customer experiences with FIDO passw...
 
Introduction to FIDO Authentication and Passkeys.pptx
Introduction to FIDO Authentication and Passkeys.pptxIntroduction to FIDO Authentication and Passkeys.pptx
Introduction to FIDO Authentication and Passkeys.pptx
 
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
 
Intro to Passkeys and the State of Passwordless.pptx
Intro to Passkeys and the State of Passwordless.pptxIntro to Passkeys and the State of Passwordless.pptx
Intro to Passkeys and the State of Passwordless.pptx
 
Event-Driven Architecture Masterclass: Challenges in Stream Processing
Event-Driven Architecture Masterclass: Challenges in Stream ProcessingEvent-Driven Architecture Masterclass: Challenges in Stream Processing
Event-Driven Architecture Masterclass: Challenges in Stream Processing
 
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...
Human Expert Website Manual WCAG 2.0 2.1 2.2 Audit - Digital Accessibility Au...
 
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsContinuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
 
ChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps Productivity
 
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...
TEST BANK For, Information Technology Project Management 9th Edition Kathy Sc...
 
Portal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russePortal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russe
 
Design Guidelines for Passkeys 2024.pptx
Design Guidelines for Passkeys 2024.pptxDesign Guidelines for Passkeys 2024.pptx
Design Guidelines for Passkeys 2024.pptx
 

SA Innovation Summit 2013: Open Innovation - New Opportunities, New Challenges

  • 1. www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Open Innovation: New Opportunities, New Challenges Hey! Freebookson 15inno.com!
  • 2.
  • 3. Faster pace, shrinking window of opportunity, less time for cash cows Open innovation and biz model innovation is key for becoming competitively unpredictable! We need a more holistic approach to innovation!
  • 4. What is open innovation? “…a philosophy or a mindset that they should embrace within their organization. This mindset should enable their organization to work with external input to the innovation process just as naturally as it does with internal input” Open innovation as a term will disappear in 5- 7 years!
  • 5. Employees SuppliersManagers Academics / institutions Executives VCsAlumni Startups Business unit / function Users / consumers Government Competitors Inventors Educate internally and externally – there’s no point being alone on the playground!
  • 6. NineSigma Alliances / joint ventures Campaigns (Comm / Public) Entrepreneur Day Consortia MyStarbucks Idea.com Campaigns (Comm / Public) Supplier Summit CREDIT: OVO Innovation
  • 7. P&G PHARMAMEDTECH Cycle time, money, IPR, conservatism and internal readiness
  • 8. Go beyond the obvious areas! Participation is the new brand We have no choice!
  • 9.
  • 10. Current pilot projects: • "People are much more likely to act their way into a new way of thinking, than think their way into a new way of acting." • Richard Pascale • Therefore we run pilot projects • - in our production area (solving hard, “unsolvable” problems) • - on improving the core LEGO experience through crowdsourcing • - on how to improve core HR processes • - on an Open Innovation platform
  • 11. Develop the right conditions and framework Be competitively unpredictable Change how we innovate
  • 12. 110 sites identified, 50% unknown, 80% produced Australian groups developed 3-D map of the mine Goldcorp shared all their data in March 2000 1,000+ people joined; many from outside industry
  • 13.
  • 14. Inditex / H&M: Value chain innovation on steroids Microsoft Kinect: New technology, new markets Better Place: Establishing new ecosystem Premium Ingredients: Mini- factories and communities Apple P&G GE Natura Grundfos Rolls-Royce
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21. You can download my workbook on 15inno.com
  • 22. Better internal collaboration, less silo mentality = internal open innovation? Don’t invite guests if you house is not in order! What is open innovation? Where do we start? Are small companies afraid of us? Who is in the driver’s seat and who is in the back?
  • 23. Upgrade your innovation mindset and toolbox! Identify the types of external input / value pools that fit your situation! Start innovating on how you innovate (experimentation, small bets, quick wins) Work the internal and external stakeholders! Become better communicators!
  • 24. Let’s talk about an (open) innovation culture!
  • 25. No networking culture? No innovation culture! - future winners get communities to work! Organizations must embrace experimentation – and the failures that come along with it! Only a truly burning platform or fully aligned executives can change an innovation culture!
  • 26. Grass-root: Big potential if supported properly! Open up: Difficult, but the only way forward! 20% free time: You can’t copy this! Top-down: Go from event to capability to culture!
  • 27. Intrapreneurship is an overlooked tool: “Intrapreneur: a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation.” American Heritage Dictionary, 1992
  • 28. The Danfoss Group (Case Study) • A leader in development and production of mechanical and electronic products and controls • 26,000 people and 3,7 billion EUR in revenues • 3 main divisions
  • 29. “I believe we possess all the resources and talents necessary. But the facts of the matter are that we have never made the national decisions or marshaled the national resources required for such leadership. We have never specified long- range goals on an urgent time schedule, or managed our resources and our time so as to insure their fulfillment.”
  • 30. The Man on The Moon competition • To identify and develop new ventures thatcreatessignificantgrowth and/orstrategicadvantages • To spot and develop talent • To change the culture and establish”intrapreneurship” as a fourthcareerpath
  • 31.
  • 32. Discovery – Incubation – Acceleration: Have the right people at the right time!
  • 33. “…an intrapreneur must have the ability to see and pursuepossibilities by piecingtogether innovations acrossthreeor more business functionssimultaneously.” Paul Campbell, former VP, HP
  • 34. A career path for trouble-makers? “When someone tries to innovate within a traditional organization,few will understand what he/she is doing, but everybody will understand who is a trouble-maker. After the innovation has been embraced by the organization,few will remember who started it, but everybody will remember who was a trouble-maker. This is the dilemma encountered by many intrapreneurs -they risk punishment for success.” David Nordfos, Stanford
  • 35.
  • 36. You need a common language / under- standing to frame and work with the issues!
  • 37.
  • 38.
  • 39.
  • 40. Every corporate culture is innovative! Find the pockets, build the foundation and perception
  • 41.
  • 42. No networking culture? No innovation culture! - future winners get communities to work!
  • 43.
  • 44. Only network if you have a purpose! Know your needs – different types / efforts! Committed executives and high-level managers! Social media is a key networking tool today!
  • 45. Direction, training, time – and courage to leave comfort zone, experiment, be visionary!
  • 46. Organizations must embrace experimentation – and the failures that come along with it!
  • 47. Small failures are accepted, but not big ones: 47 % Failure is not accepted here: 7 % More than half of the companies do not recognize failure as an inherent part of an innovation culture!
  • 48. “Two types of failure: - honorable failure is where an honest attempt at something new or different has been tried unsuccessfully and - incompetent failure where people fail for lack of effort or competence in standard operations.” Credit: Paul Sloane
  • 49. There are no quick fixes because the top executives that got us into this mess are not ready to lead us out of it!
  • 50. Too much focus on products, technology Silo rather than collaborative approaches Poorly defined innovation strategy (if any) Lack of resources (budget, people, infrastructure) Unrealistic expectations on time, resources
  • 51. Organizations must identify skills and mindset needed for a stronger innovation culture
  • 52. Most corporate innovation teams play catch-up! Where is the vision and drive?
  • 53. They lack communication skills and efforts! They lack the courage to speak up! They do not innovate on the innovation process! They do not develop their mindset and toolbox!
  • 54.
  • 55.
  • 56. 1) Intrapreneurial skills 2) Networking talent 3) Communication skills 4) Strategic influencing 5) Adaptive fast learner 6) Balanced optimism 7) Tolerance for uncertainty 8) Passion
  • 57.
  • 58.
  • 59. It must be a key objective for corporate innovation teams to educate – up as well as down!
  • 60.
  • 61. If you want to change a culture, you should reward behaviors as well as results! TBX(O) – Sometimes middle-managers hinder innovation just by doing their job! People first, processes next, then ideas!
  • 62. Get in touch! www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Hey! Freebookson 15inno.com!

Editor's Notes

  1. It would be good to have some context of when intrapreneurs work and how companies should idenfty, nuture and reward them and what are the circumstances when they don’t work and are couterproductive?
  2. Agoodnetworkingculture