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BeCompetitivelyUnpredictable!

                               www.15inno.com
                               15inno by Stefan Lindegaard at LinkedIn Groups
                               stefanlindegaard@me.com
                               Twitter: @lindegaard

Hey! Freebookson 15inno.com!
Faster pace, shrinking window of opportunity,
less time for cash cows

Timing is more important than ever!

Open innovation and biz model innovation are
key for becoming competitively unpredictable!

Future winners make communities work!
“…a philosophy or a mindset that they
should embrace within their organization.

This mindset should enable their
organization to work with external input to
the innovation process just as naturally as it
does with internal input”

- Making Open Innovation Work, 2011
Partnerships, alliances, consortia, networks
   Directed




Supplier Summits, Entrepreneur Days
  Instructions
               Directive, invitational Directive, participative




Communities – real life and virtual
      None        Suggestive, invitational            Suggestive, participative


                 Relatively few              Invitations           “Everyone”




                                                                      Credit: OVO Innovation
FMCG             MEDTECH            PHARMA




Cycle time, money, IPR and conservatism
We have no choice!


Participation is the new brand


Radical innovation comes from non-domain experts
Change how we innovate


Be competitively unpredictable


Develop the right conditions and framework
Don’t mess up like Intuit!


Persistency / consistency is key…

…for becoming preferred partner of choice
Most corporate innovation teams play catch-up!


Where is the vision and drive?
They do not innovate on the innovation process!


They do not develop their mindset and toolbox!


They lack the courage to speak up!


They lack communication skills and efforts!
Build on existing culture – and learn from others!


Understand the TBX (O) dynamics!


Educate up, down and outside!


Be selective – you don’t have enough resources!


Experiment, iterate – and learn from failure!
Our Approach

                      Learning from Others - 12 interviews with leading
                      OI companies.




Learning from The LEGO Group - input from over
30 practitioners including 10 interviews




                     Learning by Doing - 4 micro pilots to test
                     capabilities, culture and appetite
Current pilot projects:
•   "People are much more likely to act their way into a new way of
    thinking, than think their way into a new way of acting."
•   Richard Pascale

•   Therefore we run pilot projects
•    - in our production area (solving hard, “unsolvable” problems)
•    - on improving the core LEGO experience through crowdsourcing
•    - on how to improve core HR processes
•    - on an Open Innovation platform
Open innovation as a term will disappear!
“When someone tries to innovate within a
traditional organization, few will understand
what he/she is doing, but everybody will
understand who is a trouble-maker.

After the innovation has been embraced by the
organization, few will remember who started it,
but everybody will remember who was a
trouble-maker.

This is the dilemma encountered by many
intrapreneurs - they risk punishment for
success.”
                                       Credit: David Nordfors
No networking culture, no innovation culture!
Direction, training, time are key for success!
Intrapreneurship

                               www.15inno.com
                               15inno by Stefan Lindegaard at LinkedIn Groups
                               stefanlindegaard@me.com
                               Twitter: @lindegaard

Hey! Freebookson 15inno.com!
“I believe we possess all the resources and talents necessary. But the facts
    of the matter are that we have never made the national decisions or
  marshaled the national resources required for such leadership. We have
 never specified long-range goals on an urgent time schedule, or managed
         our resources and our time so as to insure their fulfillment.”
Man on the Moon: Biz plan competition at Danfoss


New ventures, identify talent, change culture


Troublemakers: How do you deal with them?
People first, processes next, then ideas


TBX: Middle managers are the biggest challenge


Intrapreneurship + open innovation?
Holistic view: Go beyond products, technology


Networker, communicator, intrapreneur, influencer


Adaptive, tolerance for uncertainty, optimist


1) Innovation leaders and 2) intrapreneurs
“…an intrapreneur must have the ability to see
and pursuepossibilities by piecingtogether
innovations acrossthreeor more business
functionssimultaneously.’”

Paul Campbell, former VP, HP
Social media

                               www.15inno.com
                               15inno by Stefan Lindegaard at LinkedIn Groups
                               stefanlindegaard@me.com
                               Twitter: @lindegaard

Hey! Freebookson 15inno.com!
Faster pace, shrinking window of opportunity,
less time for cash cows

Timing is more important than ever!

Open innovation and biz model innovation are
key for becoming competitively unpredictable!

Future winners make communities work!
P&G talk the talk – for o
media are key driverswill they walk the walk?
Change how we innovate


Be competitively unpredictable


Develop the right conditions and framework
medianot all companies get it yet…
 But are key drivers for o
Don’t mess up like Intuit!


Persistency / consistency is key…

…for becoming preferred partner of choice
Is there really a need?


What (business) value can you offer?


Passionate people work with facilitators!


You need a strong communication plan!
…tools, services and platforms that drive virtual
interaction and involvement for innovation efforts


Crowdsourcing, communities, Twitter and LinkedIn


Social media can also work for BtB companies!
Generate more ideas, faster
Generate more ideas, faster


Identify and interact with innovation partners
Generate more ideas, faster


Identify and interact with innovation partners


Get market and competitor insights
www.hootsuite.com
Generate more ideas, faster


Identify and interact with innovation partners


Get market and competitor insights


Promote corporate innovation capabilities
What’s in it for me?


Purpose is not defined


Too many digital visitors; few residents


No proven first-mover effect, more Qs than As
Management = What’s in it for them?


Lack of time leads to Catch 22


Facilitators must educate – up as well as down
Identify your focus area, develop content strategy


Set up your platform and channels


Become a curator, start sharing


Track, improve, expand, experiment - iterate
Get in touch!

                               www.15inno.com
                               15inno by Stefan Lindegaard at LinkedIn Groups
                               stefanlindegaard@me.com
                               Twitter: @lindegaard

Hey! Freebookson 15inno.com!

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Erhvervsakademi Aarhus

  • 1. BeCompetitivelyUnpredictable! www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Hey! Freebookson 15inno.com!
  • 2.
  • 3. Faster pace, shrinking window of opportunity, less time for cash cows Timing is more important than ever! Open innovation and biz model innovation are key for becoming competitively unpredictable! Future winners make communities work!
  • 4. “…a philosophy or a mindset that they should embrace within their organization. This mindset should enable their organization to work with external input to the innovation process just as naturally as it does with internal input” - Making Open Innovation Work, 2011
  • 5. Partnerships, alliances, consortia, networks Directed Supplier Summits, Entrepreneur Days Instructions Directive, invitational Directive, participative Communities – real life and virtual None Suggestive, invitational Suggestive, participative Relatively few Invitations “Everyone” Credit: OVO Innovation
  • 6. FMCG MEDTECH PHARMA Cycle time, money, IPR and conservatism
  • 7. We have no choice! Participation is the new brand Radical innovation comes from non-domain experts
  • 8.
  • 9. Change how we innovate Be competitively unpredictable Develop the right conditions and framework
  • 10. Don’t mess up like Intuit! Persistency / consistency is key… …for becoming preferred partner of choice
  • 11. Most corporate innovation teams play catch-up! Where is the vision and drive?
  • 12. They do not innovate on the innovation process! They do not develop their mindset and toolbox! They lack the courage to speak up! They lack communication skills and efforts!
  • 13. Build on existing culture – and learn from others! Understand the TBX (O) dynamics! Educate up, down and outside! Be selective – you don’t have enough resources! Experiment, iterate – and learn from failure!
  • 14. Our Approach Learning from Others - 12 interviews with leading OI companies. Learning from The LEGO Group - input from over 30 practitioners including 10 interviews Learning by Doing - 4 micro pilots to test capabilities, culture and appetite
  • 15. Current pilot projects: • "People are much more likely to act their way into a new way of thinking, than think their way into a new way of acting." • Richard Pascale • Therefore we run pilot projects • - in our production area (solving hard, “unsolvable” problems) • - on improving the core LEGO experience through crowdsourcing • - on how to improve core HR processes • - on an Open Innovation platform
  • 16. Open innovation as a term will disappear!
  • 17. “When someone tries to innovate within a traditional organization, few will understand what he/she is doing, but everybody will understand who is a trouble-maker. After the innovation has been embraced by the organization, few will remember who started it, but everybody will remember who was a trouble-maker. This is the dilemma encountered by many intrapreneurs - they risk punishment for success.” Credit: David Nordfors
  • 18.
  • 19.
  • 20. No networking culture, no innovation culture! Direction, training, time are key for success!
  • 21. Intrapreneurship www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Hey! Freebookson 15inno.com!
  • 22. “I believe we possess all the resources and talents necessary. But the facts of the matter are that we have never made the national decisions or marshaled the national resources required for such leadership. We have never specified long-range goals on an urgent time schedule, or managed our resources and our time so as to insure their fulfillment.”
  • 23. Man on the Moon: Biz plan competition at Danfoss New ventures, identify talent, change culture Troublemakers: How do you deal with them?
  • 24. People first, processes next, then ideas TBX: Middle managers are the biggest challenge Intrapreneurship + open innovation?
  • 25. Holistic view: Go beyond products, technology Networker, communicator, intrapreneur, influencer Adaptive, tolerance for uncertainty, optimist 1) Innovation leaders and 2) intrapreneurs
  • 26. “…an intrapreneur must have the ability to see and pursuepossibilities by piecingtogether innovations acrossthreeor more business functionssimultaneously.’” Paul Campbell, former VP, HP
  • 27. Social media www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Hey! Freebookson 15inno.com!
  • 28. Faster pace, shrinking window of opportunity, less time for cash cows Timing is more important than ever! Open innovation and biz model innovation are key for becoming competitively unpredictable! Future winners make communities work!
  • 29. P&G talk the talk – for o media are key driverswill they walk the walk?
  • 30. Change how we innovate Be competitively unpredictable Develop the right conditions and framework
  • 31. medianot all companies get it yet… But are key drivers for o
  • 32. Don’t mess up like Intuit! Persistency / consistency is key… …for becoming preferred partner of choice
  • 33. Is there really a need? What (business) value can you offer? Passionate people work with facilitators! You need a strong communication plan!
  • 34. …tools, services and platforms that drive virtual interaction and involvement for innovation efforts Crowdsourcing, communities, Twitter and LinkedIn Social media can also work for BtB companies!
  • 36.
  • 37. Generate more ideas, faster Identify and interact with innovation partners
  • 38.
  • 39.
  • 40. Generate more ideas, faster Identify and interact with innovation partners Get market and competitor insights
  • 42. Generate more ideas, faster Identify and interact with innovation partners Get market and competitor insights Promote corporate innovation capabilities
  • 43. What’s in it for me? Purpose is not defined Too many digital visitors; few residents No proven first-mover effect, more Qs than As
  • 44. Management = What’s in it for them? Lack of time leads to Catch 22 Facilitators must educate – up as well as down
  • 45. Identify your focus area, develop content strategy Set up your platform and channels Become a curator, start sharing Track, improve, expand, experiment - iterate
  • 46. Get in touch! www.15inno.com 15inno by Stefan Lindegaard at LinkedIn Groups stefanlindegaard@me.com Twitter: @lindegaard Hey! Freebookson 15inno.com!