The Power of Collaborative Partnerships

What to Consider Before Establishing a Partnership

In a world of widely distributed knowledge, companies cannot solely rely on their own competencies to sustain a competitive market position. The paradigm of Open Innovation recognises this and provides a structure which encourages organisations to go outside the four walls of their team, department and company to find and access knowledge to fill internal competency gaps. Engaging in Open Innovation requires an organisation to develop a strategy, build a networking culture and create partnerships with external sources. In the context of Open Innovation, partnerships enable companies to establish relationships with universities, SMEs, research institutes, etc. to acquire or jointly develop a technology.

IP protection in Start-Ups

A Comment to "A Plea for Patents that Inspire Invention"


I read this great article written by James Dyson, when it was shared by Dick Lee on his Value Innovation group at LinkedIn. Please find it in the following link: http://www.ft.com/cms/s/0/cbd5c6bc-87ac-11e1-ade2-00144feab49a.html#axzz1sUf190k7

Why this article caught my attention

The Innovation Leader Programme

Members of the Innovation Leader Programme

 

The Innovation Leader Programme (ILP) is aimed at providing industry-based practitioners with actionable and relevant insights to build and improve innovation capabilities and performance as well as encourage and instil a framework of continuous learning for innovation within R&D, NPD and Innovation teams.

ILP Membership is far more than an ‘off-the-shelf’ subscription service, we look to build and nurture a long-term relationship with our customers. We listen to and work closely with our members to understand their innovation process and management challenges. We then develop and deliver a programme of bespoke activities aligned to their needs.

Business Model Canvas

Why should you use the Business Model Canvas?

In this day and age where environments are becoming increasingly complex and fast-changing, companies need to change the way they manage innovation. The very nature of competition is rapidly changing, and to maintain a competitive market position, a business needs to have the ability to frequently develop valuable new products, services or experiences for their customers. This can be achieved by bringing some structure into the innovation process - The Business Model Canvas is a great tool for doing this as it creates a snap-shot of the commercial logic around a specific idea at any one time. By quickly creating a visual picture of the business, a shared understanding can be generated and everyone can see how all the different factors fit together.

Product and Technology Roadmapping

How to Utilise Roadmaps

At the end of the day, to be innovative all you have to do is think about the world differently. But you can’t run a business on thinking alone; you need to create a strategic plan so that your future vision becomes a set of reachable opportunities. Your strategy has to be unique to you. One way to test this is to get a copy of your strategy and replace your company name with your competitors – does the strategy still make sense? If your answer is ‘yes’ then you don’t have an exclusive strategy.