The Innovation MasterClass by Stefan Lindegaard

Do you want to stay ahead of the curve and gain inspiration and new insights on innovation management? Join the Innovation MasterClass by Stefan Lindegaard and take advantage of these benefits:

• A constant flow of insights …

FREE Books, Papers and Insights on Open Innovation and Innovation Culture

I believe in being open and sharing insights so here you can download free books, papers and exercises related to my work. I hope you will find this worth your time and if so, it would be …

40 Examples of Open Innovation and Crowdsourcing

We can call it open innovation, crowdsourcing or co-creation – or something else. In short, it is about bringing external input to an innovation process and this is no longer a buzzword.

Companies are learning that they …

An Open Innovation Talk by Stefan Lindegaard (Video)

Do you want some insights and inspiration on open innovation? Then you should check out this presentation that I gave at the recent re:publica conference in Berlin.

Here you get a short description of the talk:

Companies …

Recent Posts by Stefan Lindegaard:

8 Insights on Open Innovation: Great Interview with Philips

July 2, 2014 15inno 4 Comments
by Stefan Lindegaard

“Open Innovation and technology scouting are vital for us to stay ahead of competition and identify cutting edge technologies that will allow us to propose the best products to our consumers”.

This is the start of an interview on InnovationManagement.se where Steve Vaassen, Open Innovation Leader at Philips Consumer Lifestyle shares his views and insights on open innovation.

It is a great interview and Vaassen makes several points that I buy into. I have inserted 8 of them below, but you should read the entire interview. It’s a good read.

Innovation needs to happen at the business units – not at a big central core.

“The team is kept as small as possible because we strongly believe that the local teams are responsible …

The Greatest Startup Project in the World? Meet #StartUpChile

June 24, 2014 15inno No Comments
by Stefan Lindegaard

Let’s start off with some wise words:

“Instead of changing the world through revolution, we can change the world through #innovation”

This was said by a former Minister of Economy in Chile and they are to be read on the website of Start-Up Chile. I first learned about this initiative while reading about a promising Danish entrepreneur, who had sold all of his belongings in Denmark because he is moving to Chile for the next 7 months – and maybe longer.

The entrepreneur is not moving there because he wants to explore South America as a tourist. He is going there to further develop his startup and he has been attracted by a generous offer and setup by the Chilean government. Just check this:…

5 Reflections on Innovation Talent

June 23, 2014 15inno 3 Comments
by Stefan Lindegaard

I have been reading some interesting articles recently on talents; how to spot them and how to develop them in a fast-changing world. Here you get 5 reflections on this in the context of innovation.

• Future versus past: What are the traditional competencies that innovators were hired for in your organization? Must hires today are based on competencies, but the future of hiring will move towards potential. If you don’t really know the competencies – in the context of innovation – that your company has hired for so far then it will become more difficult to make the shift towards hiring for potential.

• Adaptability is key – but in what direction?: Organizations – as well as the talent – must know what …

Where Is the Progress on Open Innovation?

June 23, 2014 15inno No Comments
by Stefan Lindegaard

I had an interesting session with a group of corporate innovators last week. The topic was open innovation and as we went through the key takeaways and reflections one of the participants stopped up and asked out loud:

“The internal issues are the most important. Just as they were two years ago. Not much has changed. Do we not have any progress on open innovation?”

There is of course lots of progress on open innovation as we now see more and more companies – and entire industries – embracing open innovation, but the question does raise a couple of interesting observations.

• The internal issues are really what matter the most and they just very difficult to deal with. Maybe we – as the open …

Innovation: The First Mile is the Hardest – Get it Right!

June 20, 2014 15inno No Comments
by Stefan Lindegaard

I really enjoyed listening to Scott D. Anthony at the recent World of Innovation conference in New York, where he talked about the concepts and ideas behind his latest book, The First Mile. You can get an idea of his thoughts and views in this interview on the WOBI blog.

I like to tweet while listening to talks as I think tweets are a good way of capturing the essence of the messages. Here you get my favourite tweets from his talk.

True innovation comes at intersections, where different minds collide @ScottDAnthony #WOINY

Businesses are most fragile in the first mile, when they move from plan to reality @ScottDAnthony #WOINY

Customers lie!- they don’t actually know what they are going to do in …

3 Innovation Lessons from Elon Musk and Tesla

June 18, 2014 15inno No Comments
by Stefan Lindegaard

Last week, Tesla Motors announced that they are opening up their patents to anyone, who in good faith, wants to use their technology. This enforces my belief that although intellectual property rights are still important in the world of innovation, the value is decreasing.

One reason is the fast pace of change, which forces more and more industries to look at development speed, fast execution and ever-changing business models rather than intellectual protection with regards to their innovation efforts.

As I read several articles on the move by Tesla, I paid special attention to some three lessons from Elon Musk. They are:

The best companies excute around – and faster than – patent protection: Patents, he said, shouldn’t be so important. “You want to be …

Make Magic Happen: Innovation is About Intersections, Networking

June 4, 2014 15inno 2 Comments
by Stefan Lindegaard

The WOBI on Innovation conference in New York started out with a big bang, when Scott D. Anthony gave a great talk based on his new book, The First Mile. I will write a couple of posts based on his talk and I also got his permission to share his slides. Stay tuned!

As a starter, I can share that Anthony mentioned that magic (we can also call it highly successful innovation) happens at intersections – where different mindsets, approaches and skills collide.

This has a lot to do with networking, and if you follow my blog, you will know that I often say that a company cannot have a strong innovation culture if it does not have a strong networking culture. This also …

Re-inventing Innovation at Cisco? Embrace Openness, Small Companies!

June 4, 2014 15inno No Comments
by Stefan Lindegaard

“We believe one of the key strategies for reinventing innovation at Cisco is to embrace openness.” This sentence by Mala Anand, a SVP at Cisco caught my interest as I read her blog post about the Cisco Entrepreneur-in-Residence program.

I followed the link to the program and I found this to be quite interesting. This description is taken from their website:

“Cisco Entrepreneurs in Residence (Cisco EIR) is designed to support early-stage entrepreneurs working on the next big ideas in the Internet of Things/Everything (IoT/IoE), cloud and other enterprise Web areas.

Our program is six months of events, mentoring and collaboration geared towards bringing ideas to reality. Entrepreneurs selected to participate will receive seed funding, access to business groups within Cisco and mentoring from …

Free Webinar – Smartfailing: Embrace Failure to Build a Stronger Innovation Culture

June 3, 2014 15inno No Comments
by Stefan Lindegaard

When things go wrong (as they frequently will), a smartfailing organization does not focus its energy on assigning blame and doling out consequences. Instead, the smartfailing organization de-stigmatizes failure and uses failure as an opportunity to learn and to find a better course.

In this talk, Stefan Lindegaard shares his insights from a recent survey in which he looked at how global innovation teams deal with failure and embrace the concept of smartfailing. He will cover issues such as:

• The key reasons why innovation teams fail – and how they deal with failure
• The honest interaction – or lack thereof – between innovation teams and corporate executives when failure occurs
• The challenges in learning from failure in innovation teams and elsewhere in

Lack of Ownership, Lack of Direction; No Innovation

June 2, 2014 15inno 1 Comment
by Stefan Lindegaard

A small team of corporate innovators wonders why they are in trouble with their innovation initiatives. As we dive into a discussion on this, the reasons for this become quite obvious.

No one really owns innovation within the company. No one has taken responsibility. This lack of ownership results in a lack of direction and thus no one can really wonder why they are in trouble.

This company was fairly new to innovation and since it was not a R&D driven company, they did not have the anchor in the R&D function that we see in many companies.

So the key question is who should own innovation. Here you get some thoughts on this:

R&D driven companies should change their approach. Too often, too much …

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