Monday, November 2, 2009

Open Innovation - Is that the missing piece of your puzzle?




I was watching my son do a jigsaw puzzle over the weekend. One by one, he placed all the pieces together and was visibly delighted when he could see the final image emerging. However as he was down to the last 5 pieces, suddenly he seemed to freeze. Though he tried different combinations, he somehow could not get it right. While I was debating whether I should step in and help him, in walked his friend. Soon both of them started discussing and doing this together and magically within a short time, were able to get it right!

A very ordinary or day to day experience but I thought there was a profound or deep message for all businesses. Think about it. How many times in the past have you thought you were making good progress with your innovation project or your cutting edge research project before suddenly hitting a wall and ultimately giving up? Isn’t that a shame? All the hard work and the struggle to get it down to the last wire just wasted away? See where I am going with this…......

Most of our solution approaches works by making assumptions and we sometimes struggle to progress because it is quite difficult to change our assumptions so easily. So in these scenarios, the best option is to get somebody outside the area to have a look at this problem. They come in with no bias or assumptions and usually are able to solve it much quicker.

Open Innovation is built upon this simple premise and the best part is that you can define the areas you want to get outside help from and the ones where you are better off doing things on your own.

So the next time you get stuck on a problem and are about to give up – stop and think. Is it possible to selectively get outside help or support and still take this to a successful completion?

Try it. You don’t lose anything and the results may surprise you.

In summary – open innovation in simplistic terms is just a way of getting outside help in certain areas and as defined by your terms and conditions.

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