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How to approach your open innovation strategy

admin by admin
November 4, 2021
in innovation
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How to approach your open innovation strategy
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Knowing the pain-points and strengths of your own organization is the first step to set thriving collaborations in motion. Not only from a strategic, but a technical, financial and value-based perspective.

Although a detailed strategy plan starts with knowing your own strengths and gaps, the actual step forward comes when companies realize exactly what it is they need to know about themselves.

In order to enter a partnership, which department should be approached first? How should they be approached? The answer to all key questions, the way pilots are set up, and the overall strategy. It will all depend on being able to recognize what you need to know about your organization.

New ways of working, connecting, and communicating will restructure the mechanism that makes external collaborations withstand the speed of evolving ecosystems. However, even after setting the right parameters for yourself, there is still a lot of ground to cover. For example, the B2B sector has progressed in such ways the success doesn’t rely solely on strong deals, but a new perspective on open innovation overall, one that expands the limits of what the partnerships can achieve.




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