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Open Innovation
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The world of open innovation is ready for more solvers to join in. If you have wondered if this is a world where you can be successful, here are some of the attributes that can lead to wins. With input directly from some of the top solvers in open innovation, they break into two categories:…
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As an independent professional, being an open innovation solver can be fulfilling. It helps create a new revenue stream and the satisfaction of contributing to a company’s strategic direction. You know how to write a winning proposal and you understand the importance of cultivating a good relationship with a client or prospect. This means…
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Innovation is requisite for successful competition. But even as enterprises recognize the need to innovate to stay relevant in continuously evolving markets, their intellectual capital is in danger of draining away due to factors like these: Layoffs. Over 3,150 US companies announced layoffs in 2022. As of the first quarter of 2023, over 972 firms…
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Innovation is a critical part of any firm’s strategy. From continuous improvement initiatives to go-to-market tactics to rebranding and beyond, a company must evolve in the right direction to compete successfully. Achieving sustained innovation has been a leadership quest for many years, with mixed results. As the traditional system of secrecy and locked doors that…
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Open innovation can help companies solve problems that would otherwise remain left behind by any department. Whether implemented at a large or small company, crowdsourcing can help thrust productivity forward. It is important to use problem-solvers who are naturally curious, confident lifelong learners. After selecting problem solvers, a company can learn from the solutions provided….
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Open innovation answers all the leftover problems that companies can’t solve during even the best of times. Economic downturns flash a light on the need for these solutions. Companies are most familiar with attracting employees and contingent workers. However, problem solvers can fit into those gaps left by a traditional workforce. Large corporations are more…
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Corporations see challenges that fall on the human resources floor. They try to fill skills gaps with contingent workers, freelancers and contractors; however, it falls short of all the work your organization needs. Strategizing for the future of your organization will comprise at least three different types of work: full-time employees, contingent workers, and problem…
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The ancient Romans taught us that “repetition is the mother of learning.” They knew the best way to learn was to hear, read, or do something over and over again. Everyone understands that practice is necessary to learn a sport, an instrument, a language, or a skill. Without repetition, a person is bound to be…
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Open innovation, or the use of external participants to help a company solve core problems, or challenges, has grown in popularity in recent years. While organizations do not specifically rely on one generation or another to solve challenges when using open innovation, often also referred to as “crowdsourcing,” platforms supporting this type of work most…
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Webinar Recap: Bringing Open Innovation to the Future of Work
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