A copy of the slides used by Rolan Harwood of 100%Open during his talk at the Collaborate Cornwall conference, held at Tremough on 24th September 2010.
2. 9/24/10 2 100%Open is dedicated to open innovation. Our know-how helps you co-innovate better, cheaper and faster. About us
3. 9/24/10 3 Innovating with partners by sharing the risks and the rewards What defines open innovation?
4. 9/24/10 4 Open Innovation?Lego Lego Mindstorms is their most successful product range ever and has helped shift their strategy from a toy manufacturer to an innovation platform.
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6. Is a competitive innovation marketplace amongst customers, suppliers or users
15. 9/24/10 7 From What to WhoVirgin Atlantic - VJam Virgin Atlantic’s return on investment has been 10:1, better value than using a commercial third party for system development, and for more radical ideas.
16. “You don’t own your reputation. It lives and breathes in those that interact with you.” Ron Burt 9/24/10 8 You can’t run away from your reputation
17. 9/24/10 9 Being a partner of choiceP&G Open Innovation Challenge We invited the UK’s design community to respond to two open briefs on fabric care and wellness, to find global new markets worth $100 million.
27. 9/24/10 12 Build business empathyMcLaren and NATS McLaren’s predictive F1 software would allow air traffic controllers to predict how aircraft are likely to act at airports, overcoming costly and dangerous uncertainty.
28. “The inability to suspend judgement is a hallmark of the irrational.” Stuart Sutherland 9/24/10 13 Suspend Judgement
29. 9/24/10 14 Support ideas in a vacuumCancer Research UK OVC 600 registered users, 160 listed ideas, 23 venture applications, 6 shortlisted candidates and 3 supported projects in CRUK’s flexible approach to venturing.
30. “The only thing harder Than starting something new, is stopping something old.” Russell Ackoff 9/24/10 15 From Discovery to Detection
31. 9/24/10 16 Avoid not-invented-here syndrome Oracle Open Alchemy We harnessed the energy of diverse perspectives and corporate cultures to spark radical new ideas. Open Alchemy turned known challenges into major opportunities.
32. Connect the dots 9/24/10 17 “If you want to go fast, go alone, if you want to go far, go together.” Proverb
34. Collaboration not Competition Tactics & Lessons Learned 9/24/10 19 Do Share both risks and rewards Focus on 'who?' as well as the 'what?’ Suspend judgement Target quantity then quality Connect the dots – clients not cash Build business empathy Find your top 1% Don’t Overestimate your own brilliance Expect something for nothing Forget about intrinsic incentives Mange risk down to zero Forget to keep communicating outside Delay through analysis paralysis Support ideas in a vacuum
35. “More people pooling more resources in new ways is the history of civilisation.” Howard Rheingold 9/24/10 20 Summary
36. 9/24/10 21 Thank you >> Roland Harwood Co-Founder & Networks Partner 1 Alfred Place, London, WC1E 7EB Phone: +44 (0)20 7438 2658 Email: roland@100Open.comWeb: www.100Open.com Twitter: @rolandharwood