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Why Open Innovation Portals fail, and best practices for Success

Apr-22-14 By Paul Wagorn
The failure rate is high but the fixes are simple and intuitive. In this two-part article series Paul Wagorn, President of IdeaConnection draws on his extensive experience of open innovation to discuss the problems with OI portals and how they can be remedied.
Connecting to a world of knowledge has never been easier. The ability of the Internet to harness expertise from all parts of the planet in a wide range of fields is allowing companies to augment their talent base with the knowledge, skills, experiences and points of views of others.

Burn the Ships

Apr-11-14 By Paul Wagorn
Open Innovation, loosely defined as seeking solutions outside your company, can help a company dramatically increase its technology and product pipeline, but it is not without its challenges.  In this article, we explore a major obstacle that can impede the success of an open innovation based project, and how to remedy it.
I have seen and been involved with hundreds of open innovation projects.  Many of these projects succeed, and help the company push through major obstacles to be able to release a disruptive new product or technology.  But some fail – and one of the biggest reasons for failure is a lack of full commitment from the stakeholders in the project.

Unconventional Success

Apr-09-14 By Paul Wagorn
How is it possible that IdeaConnection is able to put together a team of 5 people who don’t know each other to solve a problem that seems out of reach to a company’s 5000 dedicated researchers?
A look at what goes into IdeaConnection’s amazing success at solving some of the most difficult problems.  By Paul Wagorn, President of IdeaConnection. 

Innovate or die
Most medium to large sized companies bear an unrelenting pressure to continually release new products to fill market gaps, build up their technology pipelines and maintain a constant flow of new, proprietary intellectual property.

The Problems with Crowdsourcing and how to Fix them

Apr-08-14 By Paul Wagorn
What are the challenges of using the crowd to find solutions to technical problems, and how can we overcome them?
By Paul Wagorn, President of IdeaConnection

Loosely defined, crowdsourcing is a term used to describe using an open contest or crowd of people, all contributing to solve a problem or get something done.  The term was coined by Jeff Howe in Wired Magazine in 2006, and was officially added to the Oxford Dictionary just last year in its June 2013 update.

The premise (and promise) or crowdsourcing is that it allows organizations to solicit the ‘wisdom of the crowd’ by connecting to a large number of people who share a common goal, all at once.

Crowdsourcing a New Spacesuit Design

Apr-06-14 By IdeaConnection
Here’s a bit of crowdsourcing fun for your weekend. Help NASA by taking part in its crowdsourcing initiative to pick the design of a new spacesuit.

The space agency has selected three design options for the cover layer of the next-generation spacesuit platform.  The style that garners the most votes may be tested on future astronauts.