-
Open Innovation Also Means Engaging the Inside
October 29, 2012 Editor 0
An article on the Financial Post website triggered me to write this article. A lot is being written about open innovation and much of them focus on, as the article says “spurring innovation by bringing the outside in”. Why should you engage your employees? They are the beginning of the equation that results in profitability and happy shareholders. Michael Porter said that employees are the major source for a company to increase competence and profits. Take care of your employees, they will take care of your customers and your profits. Open innovation can be the ‘mechanism’ to do so.
Go to SourceRelated Posts
Open Innovation and Business Model: A Brazilian Company Case Study
How to benefit from open innovation? An empirical investigation of open innovation, external partnerships and firm capabilities in the automotive industry
Using Open Innovation to combat Ebola
Open Innovation in Sports
The Value of Open Innovation for B2B Companies
Open Innovation Lessons
Categories: Innovation
Tags: Open innovation
Scientists demonstrate high-efficiency quantum dot solar cells The Changing Nature of Innovation
Subscribe to our stories
Recent Posts
- Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
- The Strategic Role of Design in Driving Digital Innovation June 10, 2021
- Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
- BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
- COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021
Categories
Archives
Popular Post-All time
- A review on biomass-based... 1k views
- Can blockchain disrupt ge... 762 views
- Apply Now: $500,000 for Y... 755 views
- Prize-winning projects pr... 716 views
- Test Your Value Propositi... 688 views