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The Open Innovation Revolution: Essentials, Roadblocks, and Leadership Skills

Overview

Praise for The Open Innovation Revolution

"A must-read for companies who are either starting their open innovation journey or who want to sharpen their open innovation approach. Stefan explains in very clear terms the challenges and opportunities that company leaders and their intrapreneurs will face."
Chris Thoen, Managing Director, Global Connect + Develop Office, Procter & Gamble

"The Open Innovation Revolution is an essential tool for ...

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Overview

Praise for The Open Innovation Revolution

"A must-read for companies who are either starting their open innovation journey or who want to sharpen their open innovation approach. Stefan explains in very clear terms the challenges and opportunities that company leaders and their intrapreneurs will face."
Chris Thoen, Managing Director, Global Connect + Develop Office, Procter & Gamble

"The Open Innovation Revolution is an essential tool for all innovation practitioners. It's packed with usable advice and great stories that Stefan has collected from his work across a variety of industries. Whether you are building a new program or enhancing an existing effort, this book offers practical insights and actionable steps that can maximize your program's success."
Jeff Bellairs, Senior Director, Connected Innovation, General Mills

"Every innovation leader that wants to incorporate or advance open innovation should read this book. Stefan not only puts open innovation in simple, practical, and executable terms, but also inspires those in charge by providing tools to design strategies geared to success at a corporate and even individual level, something I didn't expect and that makes this a unique publication."
Moises Norena, Director, Global Innovation, Whirlpool Corporation

"Open innovation may one day be as natural as breathing, but remains a constant struggle for most corporations today. Lindegaard has given us an insightful overview of practical concepts that can be put to use today, and thus begin to grow a capability central to the future of any corporation."
Russ Conser, Manager – GameChanger, Royal Dutch Shell

"If you want 'open,' look no further. Stefan's open and (sometimes brutally) honest account of open innovation is refreshing. There is no theory or fluff. You only get practical advice for making open innovation a reality in your organization. Let the revolution begin."
Stephen Shapiro, Author, 24/7 Innovation; Chief Innovation Evangelist, InnoCentive

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Editorial Reviews

From the Publisher
"In his new book, The Open Innovation Revolution: Essentials, Roadblocks and Leadership Skills, Lindegaard outlines 10 essential elements of an open innovation culture. What makes this list even more compelling than usual is that it comes not just from the mind of the author, but from some top-notch open innovation practitioners in Stefan's Linkedin group. I have only just begun to read The Open Innovation Revolution, but am already impressed with Stefan's thinking. He's not some ivory tower prognosticator, but a relentless networker who gets out there and develops relationships with key open innovation movers like Thoen and encourages discussion on his Linkedin group. In other words, Stefan's approach is very inclusive; by seeking out many voices, he has developed a deeper understanding of the emerging strategies and practices of open innovation than almost anyone else I know. If your company is thinking about implementing an open innovation strategy, then The Open Innovation Revolution is a must read." (Bob Morris, FirstFridayBookSynopsis, 6/15/10)
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Product Details

  • ISBN-13: 9780470604397
  • Publisher: Wiley
  • Publication date: 6/8/2010
  • Edition number: 1
  • Pages: 226
  • Product dimensions: 6.20 (w) x 9.10 (h) x 0.90 (d)

Meet the Author

STEFAN LINDEGAARD is a speaker, network facilitator, and strategic advisor who helps companies on the topics of open innovation, intrapreneurship, and how to identify and develop the people who drive innovation. He has served as a strategic advisor and facilitator for innovation leaders and intrapreneurs from global companies such as Bang & Olufsen, Danfoss, Grundfos, Lego, Novo Nordisk, and Novozymes. With open innovation, he delivers talks and sessions that help companies understand this new innovation discipline. With intrapreneurship, he helps companies design programs that identify and develop intrapreneurs as well as new ideas. His work in this field includes a pioneering business plan competition at the industrial giant, Danfoss. The program succeeded so well that it inspired other world-class companies, such as Hewlett-Packard and Novozymes, to undertake similar programs.
Visit his blog at: www.15inno.com

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Table of Contents

Foreword.

Introduction.

PART I The Essentials.

Chapter 1 Why Open Innovation Matters.

Challenges Abound.

Key Chapter Takeaways.

Chapter 2 What Open Innovation Looks Like.

Benefits, Challenges, and Stumbling Blocks.

The Essential Element of Trust.

Key Chapter Takeaways.

Chapter 3 How to Approach Open Innovation.

Elements of an Open Innovation Culture.

Key Chapter Takeaways.

Chapter 4 First Things First.

What Is Your Mandate for Open Innovation?

The Innovation Strategy and Strategic Purposes.

Stakeholder Analysis.

Communication Strategy.

Common Language.

Be Innovative Rather than Strive to Become Innovative.

Key Chapter Takeaways.

Chapter 5 How to Identify and Develop the People Who Drive Open Innovation.

Focus on People.

Two Kinds of People Needed.

Traits to Look for in Innovation Leaders and Intrapreneurs.

Where to Look.

Questions to Ask.

Key Chapter Takeaways.

Chapter 6 The Networked Innovation Culture.

Why a Networking Culture Is Important.

What a Networking Culture Looks Like.

Virtual Tools.

Face-to-Face Networking.

Potential Roadblocks.

Key Chapter Takeaways.

PART II Roadblocks.

Chapter 7 Why Top Executives Do Not Get Innovation, Much Less Open Innovation—and What to Do About It.

The Whys.

How to Operate in This Environment.

Key Chapter Takeaways.

Chapter 8 Defeating the Corporate Antibodies.

Detecting Antibodies.

Some Solutions.

Mastering Stakeholder Management.

Key Chapter Takeaways.

Chapter 9 Radical Innovation as a Roadblock.

Choosing This Path.

Key Chapter Takeaways.

PART III Personal Leadership for Open Innovation.

Chapter 10 Defining Success.

Pathways to Success.

Success Exercise.

Key Chapter Takeaways.

Chapter 11 Know Your Values.

My Values.

Classification of Strengths.

What's Next?

Key Chapter Takeaways.

Chapter 12 Making Change Happen.

Five Steps to a Change Strategy.

Key Chapter Takeaways.

Chapter 13 Managing Time.

Analyze Your Time Budget.

How Did Things Get This Way?

Create Thinking Time.

Putting Time Management into Action.

Key Chapter Takeaways.

Chapter 14 Polishing Your Personal Brand.

Why Does It Matter?

Role Models.

Create Your Personal Brand.

The Future—Your Strategic Goals.

You about You.

Others about You.

Know Your Environment.

Communicate Your Personal Brand.

An Exercise.

Evaluate and Evolve.

Key Chapter Takeaways.

Chapter 15 Strengthening Your Network.

Three Types of Networking.

Maximize Your Networking Efforts.

Personal Network Analysis.

Use of the Network: Influence and Action.

Networking in the Real World.

Key Chapter Takeaways.

Chapter 16 Sell Your Vision and Ideas!

The Value Proposition.

The Elevator Pitch.

Key Chapter Takeaways.

Chapter 17 Corporate Business Plan Competitions.

How It Began.

Hewlett-Packard Jumps In.

Building Your Competition.

Create a Vehicle for Open Innovation.

Implementation.

Postcompetition Decisions.

Key Chapter Takeaways.

Chapter 18 The Review: Everything in One Easy Place.

Appendix A The Ten Types of Innovation.

Appendix B Open Innovation Examples and Resources.

Notes.

About the Author.

Index.

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