Tag Archives: Innovation Management

Are crowds stupid?

We have been talking about the wisdom of crowds for so long and with such a passion that it was only a matter of time that someone would decide to call crowds stupid. And here it comes: Aran Rees, “a creativity … Continue reading

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Applying open innovation tools to business model innovation

Recently, I proposed a “map” of existing open innovation tools based on the identity of open innovation partner(s) and the mode of interaction between them. Three large “baskets” were included: co-creation (known partners, two-way interaction), crowdsourcing (unknown partners, two-way interaction) … Continue reading

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Why does your doctor hate crowdsourcing?

One of the signs of the growing popularity of crowdsourcing is its steady expansion into gated professional communities dominated by experts. Take, for example, medical diagnostics, an area that has for centuries been a fiefdom of medical professionals. Now, a … Continue reading

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A map of open innovation practices

A problem that I see with the current literature on open innovation is that while focusing predominantly on theoretical aspects of the concept (value proposition, strategic alignments, governance and management, human capital and culture), it pays little attention to the … Continue reading

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Don’t confuse crowdsourcing with brainstorming

I try to follow what academic researchers have to say about crowdsourcing. As a crowdsourcing practitioner, I welcome the clarity, holistic approach and intellectual vigor that academic research brings to the table. But not always. Take, for example, a recent … Continue reading

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Missing in Innovation Action

I’m pretty sure that the authors of the recent PWC’s report on innovation wanted to paint a nice picture of the current state of corporate innovation. Having served 246 CEO’s from around the world with rather conventional (and, to my … Continue reading

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Building your innovation “dream team”

(A longer version of this piece was originally posted to the Qmarkets blog) You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid AI fan, you hardly expect robots replacing humans as innovators any time … Continue reading

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