6 Don’ts For An Open Innovation Winning Formula
November 17, 2020 By Paul Wagorn
ABSTRACT:
For An Open Innovation Winning Formula
Open innovation (OI) can be a powerful approach for organizations to find groundbreaking ideas, develop new products and solve difficult problems. But not every company that engages in OI enjoys the same success; there are many reasons why.
I have been involved in hundreds of open innovation projects — I have seen huge successes and, of course, many failures. From those failures, patterns emerged from fundamental mistakes organizations made, outlined below. By avoiding these mistakes, you will undoubtedly excel in your next open innovation endeavor!
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