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Open Innovation: definition and explanation

Terms

Open Innovation What is open innovation? The term open innovation means a situation where an organisation doesn’t just rely on their own internal knowledge, sources and resources (such as their own staff or R&D for example) for innovation (of products, services, business models, processes etc.) but also uses multiple external sources (such as customer feedback, […]

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Why Nokia died a sudden death and why it matters to your organisation

disruptive innovation

How to prevent disruptive innovation taking your company down…   The history of the smartphone – the winner’s tale The losers’ tale So what is this all saying? How to survive disruptive innovation   In the world of technology business, there is a lot of Darwinist evolution taking place where even the largest businesses can be […]

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