APQC Report Identifies the Best Open Innovation Practices

Aug-16-13

APQC, a leader in best practices and benchmarking research, has studied many leading companies that have been using open innovation to generate new ideas and identified 11 key practices.

These include having a central, dedicated group responsible for coordinating open innovation, developing partnerships with internal and external organizations including customers and competitors, inviting others to participate in open innovation by offering experiences, focusing on targeted, need-based innovation, and positioning the organization to build and maintain key relationships.

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[FORTMILLTIMES.COM]