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7 Steps for Open Innovation An Assesment for Corporate Innovators by Stefan Lindegaard www.15inno.com [email protected] @lindegaard

7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

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Page 1: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

7 Steps for Open InnovationAn Assesment for Corporate Innovators by Stefan Lindegaard

[email protected]@lindegaard

Page 2: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Author, speaker and strategicadvisor on open innovation, innovation management / culture and the people side of innovation.

Get in touch!

www.15inno.com

[email protected]

@lindegaard

Stefan Lindegaard

Page 3: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

1. Common Language and Understanding, Motivation, Mandate and Strategic Purpose

2. Assets and Needs

3. Value Pools and Channels

4. Internal Readiness

5. External Readiness

6. New Skills and Mindset

7. Communications Strategy

7 Steps for Open Innovation

Page 4: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand
Page 5: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Faster pace, shrinking window of opportunity,

less time for cash cows

Driven by global megatrends: faster, more

open, more transparent and more connected

We need a more holistic approach to innovation!

Page 6: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

What is open innovation?

“…a philosophy or a mindset that they should embrace within their organization.

This mindset should enable their organization to work with external input to the innovation

process just as naturally as it does with internal input”

Open innovation as a term will disappear in 5-7 years!

Page 7: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

www.businessmodelsinc.com

Page 8: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Step 6: New Skills and Mindset

Page 9: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

• Do your company’s leaders understand that people matter more than ideas when it comes to making innovation happen?

• Have you identified people who are best suited for working at the different stages of innovation?

• Do you hire for potential or is your hiring based on past experience and competencies?

• Are your hiring and training programs geared toward developing the characteristics and skills needed for innovation?

Think / Reflect

Page 10: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand
Page 11: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand
Page 12: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Discovery – Incubation – Acceleration: Have the

right people at the right time!

Page 13: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

What skills / key people do you need now, short

and long term? How do you get access to them?

Page 14: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

1) Holistic point of view

2) Ability to constructively handle conflict

3) Optimism, passion and drive

4) Curiosity and belief in change

5) Ability to deal with uncertainty

6) A sense of urgency

7) Talent for networking

8) Communication skills

Page 15: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand
Page 16: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Please rate these qualifications for a team

working to create a stronger innovation culture.

N

e

t

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Page 17: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Please rate these ways for leaders to motivate

employees to become more innovative, help

create better culture for innovation.

S

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Page 18: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Innovation is a team sport. To which extent do

these statements resonate with you.

T

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Page 19: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Companies need to upgrade their innovation

capabilities. How relevant are these

initiatives and activities for this?

T

r

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n

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Page 20: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

No networking culture? No innovation culture!

- future winners get communities to work!

Page 21: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Networking efforts require direction, training and

time. Few executives get this.

Page 22: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

Horizontal: disposition for

collaboration across disciplines

Vertical:

depth of

skill which

allows to

contribute

Credit: Tim Brown / IDEO

Only T-shapes:

“Occasionally, we

have people who

don’t really have a

depth of skills, and

they really struggle.

They don’t get

respect from the

group.”

Only I-shapes:

“…very hard for them

to collaborate…each

individual discipline

represents its own

point of

view…becomes a

negotiation…you get

gray compromises…

The results are never

spectacular but at

best average.”

Page 23: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

• Future potential versus past competencies

• Adaptability is key – but in what direction?

• Future innovation leaders create communities (shared sense of purpose, values and rules of engagement)

• Future innovators are intelligent in many ways

• Build the right conditions and frameworks

Finding and developing the right people

Page 24: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

• Begin by training the trainer (once you got the why and how in place)

• Intrapreneurship-like programs are one of the best ways of identifying and developing people who will drive innovation forward

• Bring in real life experiences

• Training program itself must be agile to keep up with emerging trends in innovation

• Don’t forget the executives

Thoughts on training programs

Page 25: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

A CFO is wary about investing in the training and education of the employees.

He asks the CEO: ”What happens if we invest in developing our people and then they leave the

company?”

The CEO is a bright person and replies: ”What happens if we don’t and they stay?”

Page 26: 7 Steps for Open Innovation - Amazon Web Services...Open innovation as a term will disappear in 5-7 years! Step 6: New Skills and Mindset • Do your company’s leaders understand

[email protected]@lindegaard

Get in touch!