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In an open innovation ecosystem, what is best practice? How do decentralized and centralized organizations meet different needs? Which success criteria are most important for next generation innovators? Learn from case studies and join the December 8th IM Channel One live webcast where some of these challenges will be discussed.

In order to deliver better quality and more competitive products and services in a more cost effective manner, many companies embark on an innovation journey with the hope of  increasing levels of innovation, collaboration and information sharing. The December 8th live session will present case studies, discuss the various components to be considered in building a successful “best practices” framework, and suggest ways that it might be integrated into the overall innovation process.

Date & time: December 8, 2011 at 15:00 – 16.00 CET

Main Speaker: David Burns – CEO, Induct – the Open Innovation Company

Topic: Next Generation Open Innovation – Best Practices and Success Stories

“This webcast is primarily for innovation practitioners who believe in the benefits of Next Generation Innovation, but still need help for the organizational and technical planning to get started,” says presenter David Burns, CEO from Induct who will also discuss questions raised by the participants.

Challenges addressed in the December 8th session

In this 60 minutes session Induct will share some important findings from their last three years of studies and research projects from innovation practice. You will understand how innovation life cycle processes and structures can be put in place to motivate, manage and move thousands of people into next generation innovation communities.

Some of the challenges that will be addressed are:

  • How do decentralized and centralized organizations meet different needs?
  • In an open innovation ecosystem, what is best practice?
  • Which success criteria should an organization keep in mind in its attempt to move towards next generation innovation?
  • Learn from case studies from innovation leaders and their success stories.

If you are willing to see beyond today’s “web-based versions of the old wooden suggestion box”, you should join this session with David Burns, CEO at Induct.

Get involved in the webinar

To help us understand your personal challenges in your open innovation journey we would like to know about your experience of obstacles to reaching success when implementing and executing open innovation initiatives?

The results will be shared and discussed during the session.

Expected take always from the session

This webcast will suggest a preparation framework that will help companies become more successful with their innovation journey.  An extensible and flexible model is suggested that will allow companies to start slowly and then gradually build their innovation capacity.  A structured approach to the journey provides guidance at each step of the way. A model using a secure virtual space linked to a structured innovation process that can be used to enable this important function will be proposed.

Sign up now to secure your participation!

Join us and learn more about an implementation framework and how it helps to drive the practical start of next generation of innovation practice. This session takes place December 8, 2011 at 15.00 CET. Please note that number of guests are limited and participation is free of charge.

At the end of this third and last session, you should be able to give more precise recommendations for starting the “innovation journey” in your own organization.

Theoretical framework

Induct has been inspired by world leading professors’ framework and leading companies’ innovation practice through several years. In addition, Professor Dr. Henry Chesbrough is heading the Induct academic advisory board, where his ideas are put into practice. His ideas from Open Business Models and Open Service Innovation play a significant role in Inducts solutions and methodologies.
Induct Implementation Framework is also based on common theories and research from Experience Based Learning Models and pedagogical principles like 4MAT.

About the IM Channel One – The Next Generation Innovation series

In the IM Channel One – The Next Generation Innovation series you are invited to discuss the challenges that large complex organizations face as they consider moving across the innovation continuum from ideation, to innovation management, and ultimately to a more open innovation environment. Through your participation in this “The Next Generation Innovation” series, you will discuss specific challenges from the early stages and how to prevent them and handle them. By attending the series, you will be inspired to present your recommendations for your organizations’ innovation roadmap.

About Induct

Induct was founded in 2007, and has already taken a leading position in the global market for innovation management solutions. Induct’s collaborative partnerships, involving Berkeley professor Henry Chesbrough, independent research projects, innovation consulting companies, industrial winners, and governmental programs are an essential part of Induct’s success.

Induct integrates Enterprise 2.0 technology and social networking concepts with a flexible and customizable innovation management framework. The result is the first truly integrated end-to-end ‘Software as a Service’ (SaaS) idea management platform. Induct manages the entire innovation process, supports collaborative innovation across organizational boundaries, and enables the gradual transition to a more open innovation environment.

For more information, see www.inductsoftware.com

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