Transparency: Key to Open Innovation
The R&D website noted that in the past, many organizations used open innovation as a “fix” when their R&D bench hit a roadblock or ran out of time. Increasingly, though, significant players in their industries such as General Electric, Mondelēz International, Johnson Controls and Siemens have incorporated OI as a core process – not just for discrete situations. Instead of cracking the doors to R&D just enough to allow the rest of the world to peek in, they’ve flung them wide open. As a result, innovation flows through their organizations and powers them forward on a daily basis.
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