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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More Innovation Resources:

Innovation maturity model: Here’s what you need to know

Innovation maturity models guide organizations through their growth phase, step by step. They educate on the levels of innovation management and the capabilities needed to succeed.

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Utilizing Performance Improvement (LEAN/SixSigma) and Human Centered Design

Healthcare leaders are implementing structured problem solving techniques to tackle challenges in the healthcare system. Performance Improvement and Human Centered Design frameworks are being used synergistically to improve efficiency, reliability, and patient experience.

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Reflecting on our Innovation Practices

Innovation management has changed rapidly and new frameworks have come into play. However, it is important not to forget the basics of building engagement, leadership and involvement in creating a culture of innovation.

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