Let Ideas Float Up and Down the Hierarchy
The Korea Times website noted that stunted growth in large corporations is often a consequence of its hierarchical system. Even when great ideas come up from the lowest of the hierarchical ladder, it is rarely delivered to the very top. Letting ideas flow freely within an organization ― the open innovation platform ― is a critical factor in driving
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Services Innovation
The Sourcingfocus website reports that companies with an eye for the future are turning their focus to the emerging field of Services Sciences. Nowhere is the concept of open innovation more vital than in delivering services. Let’s turn to an example of “open services innovation.” Think
Intuit: An Innovation Strategy is Crucial
In this interview Susan Harman, Manager of Open Innovation at Intuit, on the website “Blogging Innovation,” provides a look inside the company and how Intuit practices open innovation as a part of its innovation strategy. “Open innovation requires a culture of innovation and collaboration,