Orchestrating Internal and External Innovation Ecosystems

Innovation requires engaging external resources, but balancing internal and external demands can be challenging. Leaders from Rolls-Royce, Safaricom, Bayer Crop Science and AT&T discuss strategies for effective partner engagement. Communication, transparency, and clear alignment between internal goals and external partners are key. By creating a framework with a defined purpose, outcome, and process, the panelists stress the importance of developing personal relationships and avoiding silo mentality. Successful orchestration of innovation ecosystems requires openness to new metrics for measuring success and a willingness to pivot in response to market feedback.