Governments could be described as the largest and longest running crowd-funding schemes in existence. Sadly, whereas crowd-funding is seen as innovative, flexible, responsive, bottom up, transparent, enabling – among other things; governments would be hard pushed to receive similar accolades. However, times are changing and governments are beginning to adopt some of the characteristics of crowd-funding and crowdsourcing. But there is a long way to go.
InnovationManagemenet is proud to present yet another experienced and knowledgeable columnist; Ehsan Ehsani, researcher and consultant in the area of innovation and product development. Ehsan is working with Accenture Product Innovation and PLM practice in New York City Office and has previous experience from a variety of firms both in Europe and the United States. This is the first in a series of columns starting off with a hot topic: Web-enabled open innovation.
It is coming our way, and we had better be prepared and ready. What (probably rightly) began in the legal industry is hitting management consultancy: an outcry against paying by the hour and paying premium rates for consultants just out of business school. Let me be straight out: I am worried but excited! Worried because I foresee a market shift that will erode and potentially eradicate the business model of management consultancy as we know it today. Exited because we (the readers), through InnovationManagement, have the chance to innovate the business model!