Are B2B Companies Slower Adaptors of Open Innovation?

Are B2B Companies Slower Adaptors of Open Innovation?

While many B2B companies are slow adaptors to change, they have an untapped potential in open innovation. B2C companies have a more open mindset, but both share similar challenges such as developing an innovation strategy, improving communication, and bringing together communities. Crowdsourcing works better for B2C companies, but input needs to come from more than just consumers. Challenge-driven innovation can benefit both types of companies.

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Indispensable Employee Attributes for Successful Innovation in Your Business

Creating an ideation campaign that generates high-quality ideas requires a deeper understanding of the personal and contextual characteristics of employees. By providing guidance, information sharing, and cultivating trust within the campaign, companies can improve the quality of generated ideas.

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Presentation Tips – 5 Tips for Creating Photogenic Slides

Traditional presentation tips may need to be updated to create photogenic slides that are meant to be reviewed later.

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Innovate on Purpose: Honda's Innovation Culture

Honda’s innovative culture is demonstrated in their documentary films “Failure: The Secret to Success” and “Kick out the Ladder,” which highlight the importance of accepting failure and setting extreme stretch goals to encourage creative thinking.

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