Key insights from the 2014 Open Innovation Conference include the importance of senior technical contributors, the value of constructing a ‘sponsor spine’, and the need to offer something in return in order to attract top talent to open innovation practices.
Innovation within large companies faces many hurdles, including resistance from leaders and a focus on exploiting current success. The book "Pirates in the Navy" explores how intrapreneurs can transform their companies to support innovation.
Innovation should focus on addressing disruptions during significant life events rather than trying to disrupt markets, as customers are more receptive to change during these moments.
