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Being Open: Managing Innovation

Being Open: Managing Innovation. Leslie Martinich Competitive Focus Austin, Texas, USA. Short and Long Cycles. Phases of Innovation. Innovation S-Curve Waves. Evolution of Innovation Paradigms. Closed innovation paradigm Stockpiling ideas Monopoly on talent

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Being Open: Managing Innovation

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  1. Being Open: Managing Innovation Leslie Martinich Competitive Focus Austin, Texas, USA

  2. Short and Long Cycles Leslie Martinich www.competitivefocus.com

  3. Phases of Innovation Leslie Martinich www.competitivefocus.com

  4. Innovation S-Curve Waves Leslie Martinich www.competitivefocus.com

  5. Evolution of Innovation Paradigms • Closed innovation paradigm • Stockpiling ideas • Monopoly on talent • Long-term employment relationships • Long-term investments • Tension • Long-term investment & short-term results Leslie Martinich www.competitivefocus.com

  6. Closed Innovation Leslie Martinich www.competitivefocus.com

  7. Evolution of Innovation Paradigms • Open innovation paradigm • Fluid employee-employer relationship • Short shelf life for ideas Leslie Martinich www.competitivefocus.com

  8. Being Open • Open to new ideas • Open to alternatives • Open to ambiguity • Open to uncertainty Leslie Martinich www.competitivefocus.com

  9. Open Innovation Leslie Martinich www.competitivefocus.com

  10. Activities of Innovation Center Leslie Martinich www.competitivefocus.com

  11. Ambidextrous Organizations • Include two significantly different types of businesses • One for exploitingexisting capabilities, products through traditional means (efficiencies, processes) • One for exploring new concepts and approaches, and for finding new opportunities for growth through adaptable, flexible approach Leslie Martinich www.competitivefocus.com

  12. Ambidextrous Organization Leslie Martinich www.competitivefocus.com

  13. Questions? Leslie Martinich Competitive Focus leslie@competitivefocus.com www.competitivefocus.com Leslie Martinich www.competitivefocus.com

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