Section » Innovating Companies
Nestlé’s Work with Startups
The MarketingWeek website reported that while Nestle previously prided itself on “having all the answers”, it soon realized that in order to keep up with the outside world, it would have to look into creating more external partnerships. Startups could become our competitors, so we had to get into bed with them,” said Gerardo Mazzeo, global
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The Leap in Sustainable Value Creation
The BusinessGreen website posted an article which noted that there are very exciting new service-based models emerging. These occur where companies re-think who their target customer really is, and what value propositions would most effectively meet their requirements. By shifting from selling products
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Global Challenge Announces Final Awards
The BusinessWire website reported that the Tech for Integrity Challenge (T4I), a landmark effort to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond, announced final awards. The
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More Innovation Needed From Top Tech Companies
The Financial Times website posted an article which noted that big companies realize they have much to learn from the nimbleness and radical ambition of many start-ups. The move towards open innovation is a really interesting shift. The big companies are realizing they can’t do it by themselves any
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Talent Management In The Gig Economy
The Huffington Post reported that talent management is something that is top of the agenda at most organizations. Many organizations are attempting to bridge the talent gap by utilizing the crowd, whether via open innovation platforms or the gig economy. For instance, a recent paper from The European
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Open Banking: Evolve Or Be Left Behind
The World Finance website noted that open innovation ascertains that companies need to become less insular and look beyond their own house to cultivate new innovations that will grow their business and enhance their services for end-users. Henry Chesbrough’s philosophy is based on the central idea
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Almirall Introduces Open Innovation Platform
The Medical News website reported that Almirall has launched AlmirallShare, an open innovation platform designed to facilitate the establishment of collaborations in dermatological research and find innovative solutions in skin health. An Almirall officer said, “Our R&D strategy is based on
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Hyperloop One Global Challenge Demonstrates Power of OI
The Business Insider website announced the winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Hyperloop is an innovative new transportation system. “The results of the Hyperloop One Global Challenge far exceeded our expectations,” said
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Sustainable Innovation Questions Answered
The Edie.net website posted answers to questions about sustainable innovation. Here is one question and answer. “What kind of innovation would you advise a government in a developing country to adopt in reforming its waste management sector?” “Have a look at Open Innovation (OI) processes,
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Partnership Creates an Open Innovation Culture
The Drum website reported that Publicis Communications will aim to scale its client offering through a new partnership with the innovation hub Plexal. Guy Wieynk of Publicis said,“We want to be able to work with more startups as it was clear that there was no way that companies were able to answer
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