How Do Leaders Embrace Stakeholder Engagement for Sustainability-Oriented Innovation?

By • on September 10, 2019

A chapter in the book New Leadership in Strategy and Communication demonstrates how open innovation can be applied to sustainability contexts: “In this chapter we specifically address the leadership challenges encountered in accessing the wide variety of knowledge from multiple external stakeholders. First, we demonstrate that implementing open innovation for sustainability requires specific organizational capabilities that are different from what a firm might already possess regarding its general innovations. Second, we argue that successfully leading open innovation for sustainability entails broadening the scope of external stakeholder engagement to collaborate with non-conventional stakeholders such as local communities.”

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