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Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

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Page 1: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Marketing InnovationKeys to Open Innovation Success

Jeff BoehmChief Marketing OfficerInvention Machine

Page 2: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Key Points

Successful open innovation requires a strong internal innovation framework

Processes, information and communities should be integrated as three key ingredients for innovation

Innovation success requires internal communications

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Page 3: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Internal Innovation Foundation

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Page 4: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Innovation Challenges

Innovation remains an ad-hoc process• Forrester: CEO’s are clamoring for continuous vs.

ad-hoc innovation to stay ahead of competition

Knowledge is hidden in plain sight• IDC: Knowledge workers are failing in their quest

to obtain the information they need

Innovators work in isolation• Harvard Business School: Traditional innovation

approaches are outdated – firms must develop the ability to collaborate

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Page 5: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

An Innovation Ecosystem

Innovation remains an ad-hoc process• Forrester: CEO’s are clamoring for continuous vs.

ad-hoc innovation to stay ahead of competition

Knowledge is hidden in plain sight• IDC: Knowledge workers are failing in their quest

to obtain the information they need

Innovators work in isolation• Harvard Business School: Traditional innovation

approaches are outdated – firms must develop the ability to collaborate

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Communities

Information

Innovation Activities

Get the right information

within the right time

Capture & reuse expertise & new intellectual capital

Work collaboratively with repeatable & effective

methods

Page 6: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Deploying Innovation Internally Positioning• Make it relevant• Show success

Promotion• Make it obvious

Calls to action• Make it easy

Sustaining momentum• Make it stick

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Commencing today, you will INNOVATE!

MANDATE

X

Page 7: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Positioning – Make it Relevant

Value Costs Timeline Results …

What does it mean to me?

How does it fit into my current role?

Who else is on-board?

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Audiences

User CommunitiesExecutives

Page 8: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Positioning – Make it Relevant

In context Meaningful

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(examples removed due to confidentiality)

Page 9: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Positioning – Make it Relevant

Voice of the user

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(examples removed due to confidentiality)

Page 10: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Promotion – Make it Obvious

Use all available channels Drumbeat – not one-off• A rolling roadmap/ project plan

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(examples removed due to confidentiality)

Page 11: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Promotion – Make it Obvious

Use all available channels Drumbeat – not one-off• A rolling roadmap/ project plan

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Badges

Staff meetings

Tchotchkes

Tent cards

Wiki

Magazines

BlogsTech fairs

Posters

Email

Intranet

LCD DisplaysNewsletter

Page 12: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Calls to Action – Make it Easy

Clear instructions to learn more and engage

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(examples removed due to confidentiality)

Page 13: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Sustaining Momentum – Make it Stick

User Communities Regular communications

(examples removed due to confidentiality)

Page 14: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Key Points

Successful open innovation requires a strong internal innovation framework

Processes, information and communities should be integrated as three key ingredients for innovation

Innovation success requires internal communications• Positioning – make it relevant & show success• Promotion – make it obvious• Calls to action – make it easy• Sustain momentum – make it stickPage 14

Page 15: Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Thank You!

Jeff BoehmChief Marketing OfficerInvention [email protected]+1.617.305.9250 x3235

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