Section » Commodity Trap
Management Innovations for the Future of Innovation
Those who study innovation often can be overwhelmed by the variety and speed at which clever new products and services come into the market. But it is helpful to take a step back from these myriad innovations to reflect on the evolution not only of the technologies themselves but also the processes used to create, develop and manage them. While
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Henry Chesbrough’s Presentation at Hit Barcelona World Innovation Summit
Below, please find a video of Professor Henry Chesbrough’s presentation at the Hit Barcelona World Innovation Summit. Image via flickr.
The Development and Organization of Participatory Innovation
“Participatory innovation is still a new experience to many practitioners. How do you make sure you are actually listening to users? And how do you organize your company internally to properly involve external stakeholders. Participatory innovation is the new discipline of involving users of products
Henry Chesbrough on Open Services Innovation
In his CalBusiness article, Bill Snyder examines the concepts within Professor Henry Chesbrough’s new book Open Services Innovation: Rethinking Your Business to Grow and Compete in a New Era. Click here
How the Internet is Revitalizing the Innovation Prize Model
In his May 21 “New York Times” online article “Change the World, and Win Fabulous Prizes,” Steve Lohr provides a history of the prize model and discusses current open innovation contests. Josh Lerner, a professor at the Harvard Business School, is quoted in the article and explains that the proliferation
Strategy + Business Thought Leader Interview with Henry Chesbrough
In a conversation with “strategy + business,” Professor Henry Chesbrough argues that for companies “to escape the commodity trap — and to compete effectively in a knowledge-based economy — business leaders of all kinds need to reinvent themselves as innovators in services.”
Innovating Customer Service
In his article “Innovating the Customer Experience,” Peter J. Auditore argues that “Building a culture of collaboration isn’t the instant answer to creating innovation or innovating your customer’s experience. However, leveraging the newest collaborative applications can help find your innovators
Use Open Services Innovation to Restore US Competitiveness
As the US economy begins to recover from the devastating recession of 2008 and 2009, our trade deficit with China is again growing. The rise of China and other emerging economies is triggering reflection here in the US about
Role of Marketing Departments in Open Innovation Efforts
According to Lisa Thorell, “several actors within the marketing department, from market research, corporate communications, channel marketing, to marketing programs, may all play key parts at the very outset of partner negotiations to decrease time to market and reduce business risk” when small companies
Conference: Business Model Innovation in Services
“Business Model Innovation in Services: Delivering Competitive Advantage” is a one-day industry conference taking place Wednesday, September 21 at the Moller Centre in Cambridge, UK. The conference will bring together service thought leaders to present their views on service business model innovation