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News — open innovation

Creating Shared Value through Social Purpose

Sarah Leslie business models ecosystems open innovation shared value

Creating Shared Value through Social Purpose

Much has been written about the need to review the capitalist models and the need to shift to ‘profit with purpose’ models that create ‘shared value’. Yet the rationale for creating shared value (CSV) is sometimes poorly understood, and it's important to distinguish it from corporate social responsibility (CSR).

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The Innovation Collaboration Imperative

Sarah Leslie collaboration innovation open innovation

The convergence of internet technologies, cloud computing, and augmented analytical tools to interpret the rivers of data flowing through our now connected physical world is enabling the reimagining of new business opportunities and whole industries. It's an exciting time to be involved in innovation, in harnessing this exponential level of change to deliver superior customer experience, and drive profitable growth. Yet it seems that meaningful innovation, in a world where all systems are becoming inter-connected, is now harder than ever to execute, whether you're the start up or the incumbent.  Transforming long established industries, whether automotive, pharmaceuticals, service or healthcare, required sophisticated knowledge of regulations, testing protocols, and traditional physical assets in addition to...

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Superforecasting and Strategic Uncertainty

Sarah Leslie crowdsourcing futurecasting open innovation

It's approaching that time of year when experts in every field feel compelled to share their predictions for the coming year. Inboxes and newsfeeds swell with not only best wishes but articles on 'top ten trends' for 2017. Yet 2016 has been notable for the rise in the distrust of the' expert' view.  The worldview that ' there are no experts', which played out in well documented political events from Brexit to the recent US Presidential Election was, at least to some extent, fuelled by media focus on results gleaned from the ongoing 'Good Judgement Project', published in the 2015 bestseller 'Superforecasting - The Art and Science of Prediction' by behavioural scientists Phillip Tetlock & Dan...

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Collaborative Futurecasting in a Digital Marketplace

Sarah Leslie collaboration digital futurecasting open innovation

To thrive in turbulent times requires innovation and agility, both of which demand collaboration. And one of the most significant barriers to collaboration within established organisations is that information and knowledge have long been hoarded as sources of personal power.  This tendency to hoard information and to protect fiefdoms are practices that run contrary to the logic of newly pervasive networking technologies such as social media and open innovation platforms. Such technologies are challenging attitudes about the ownership and the sharing of information and intellectual property, worldviews that have underpinned our collective interactions for centuries. The Guggenheim opened an innovative exhibition last month which allows visitors to...

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