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A New Model for Innovation: Fast Track Innovation

Recently, I spoke to Deloitte‘s Innovation Concepts Manager Marc Maes and Innovation Consultant Klaas Langeveld about their idea of managing innovation and idea generation within companies. They explained me about their Fast Track strategy and their home-made Innovation Maturity Model. The model intrigued me because of its fairly complete coverage of innovation-related issues and its slim simplicity. It triggered me to grab some literature to find prove of this model. My rationality: if it looks simple and complete, [&hellip

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6 leading pharma players join forces to beat costs

Six leading companies from the pharmaceutical industry have decided to join forces to beat cost pressures. While on the one hand being strong competitors, they on the other hand decided to get together and share best practises in “a bid to improve efficiency and  bring down rising operation costs.” This article was brought to our attention by one of our readers; thanks for sharing this example with us, Aravind Ananthakrishnan [&hellip

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Exclusive preview: Managing Open Innovation

We collaborated with Marcel Bogers, Associate Professor* at the University of Southern Denmark, to show you an exclusive preview of a lecture on “Managing Open Innovation”, that will air on Danish television later this winter. The lecture is about the “sources for innovation”: how to obtain and make use of external knowledge to commercialize ideas into innovations. The talk focuses on Open Innovation and the role that companies and users play in [&hellip

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Teaming up on Open Innovation: art or science?

Earlier this week, ABN AMRO, released a report on Open Innovation, titled “Teaming up on Open Innovation: art or science?”. Although solely released for the food sector, it explores Open Innovation theory from a new and interesting perspective. The report is authored by prof. dr. Omta (University of Wageningen), dr. Fortuin (Food Valley) and drs. Dijkman (ABN AMRO). The core of the article consists of 5 key elements: the critical [&hellip

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What Steve Jobs did (not do) for Open Innovation

Last autumn Steve Jobs passed away and everybody seems to agree: Steve Jobs was an inspiring and creative leader. His visionary view on technology stood at the basis of several radical innovations, which changed the lives of almost every single one of us. The fact that the iPhone, iTunes and the iPad are probably the three most important “disruptive innovations” of the last decade, surely isn’t a point of discussion. [&hellip

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5 steps towards Open Innovation

Open Innovation is a broad and relatively new concept. And while ‘opening up’ your company’s innovation it isn’t easy to a grab a book from the shelf, find the perfect page that addresses your question and start implementing a new model in your organization. No, you are probably disappointed: the current literature is mainly theoretical and offers little useful information to get started immediately. One of my favorite works by [&hellip

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