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Open Innovation Myth #6 - External Solutions are Better

Tue, 08/10/2010 - 14:30 -- admin

One of the messages that is often received by people inside organizations is that Open Innovation automatically delivers better solutions simply because they come from outside the company.  This exacerbates another potential pitfall with OI; namely, alienating your internal teams (see previous post).

Often, OI initiatives are launched in a blaze of internal glory and publicity, with a separate organization, aimed at targets distinct from those on which the rest of the company is focused.

How Open should you be with Open Innovation?

Tue, 07/27/2010 - 14:23 -- admin

Classical “Not Invented Here (NIH)” approaches are usually associated with a secretive and highly protective approach to business. Such companies are keenly aware of the risk of disclosure, the danger of handing even the most minor advantage to competitors and the personal career risk of doing something wrong. The default position is usually legally-driven, involving heavy non-disclosure agreements (NDA), concern about only reviewing non-confidential information, invalidating Intellectual Property and not letting junior people loose.

Open Innovation Myth #1 – It Takes Longer

Tue, 06/29/2010 - 15:14 -- admin

There appears to be a belief in some companies that it takes too long to set up the necessary infrastructure and links for open innovation.  "By the time we’ve set up the OI project, we could have finished the project internally'. The first time you do anything you haven’t done before it takes longer.  If you took that attitude consistently you would do everything the way you’ve always done it.

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