Open Innovation: LET CUSTOMERS HELP YOU TO DEVELOP NEW IDEAS

Open Innovation: LET CUSTOMERS HELP YOU TO DEVELOP NEW IDEAS

As the world of continues to evolve at a rapid pace, innovation continues to become both a top priority and a top challenge. For most companies, innovation is handled behind closed doors in a secluded part of the company that only a few have access to. 

Open innovation allows for the integration of customers, employees and partners in the innovation process.

When you bring your entire network into your innovation circle, you have access to the diverse knowledge and experience of the people who know your business best.

Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through ideas presented by - for example - consumers to achieve market success. The ideas which are gathered and evaluated during the research stage can help the company to reduce the innovation risk, costs and time.

See the Zurich example in Spain:

https://www.ideas4allinnovation.com/innovadores/zurich-seguros-innovacion-empleados/


Lynda Davis, Ph.D.

CXO - Customer Experience Officer and Citizen Service Advocate

5 年

Don’t just let customers help you - let them LEAD you - to new ideas that meet their expectations for best #CX #experience. U.S. Department of Veterans Affairs multi channel technology and engagement support “listening to the voice of the #Veteran.

Steve George

Customer Experience and Marketing Advocate | TOP100 CMA Influencer & Strategist | Start-up & Scale-up Leader up to $500 mn

5 年

Stephanie Sievers, this is very close to the OneBlade concept where customers were creating tutorials, creatives and giving ideas for iterations.? #Philips?#OneBlade

Joseph Sursock

SVP - Growth Advisor | CRO | Executive Transformation partner to global Exec Leadership teams looking to scale their ambitions

5 年

Thanks for sharing Monika. As many enterprises embrace more innovation, right through many parts of their value chain, it remains key to include many teams and thus educate-and-bring-along many stake holders. The Zurich example you site is a very good one.

Lee Becker

Servant Leader & Executive | Transforming Public Sector & Healthcare | Strategic Coach, Mentor, & Board Advisor | Navy Veteran ??

5 年

Great article and example Monika Schulze! Thank you! As part of our real time feedback within our transactional surveys we have been asking Veterans to provide us recommendations. Powerful ideas have come from the Veterans we serve that are enabling us to make changes. Also they our innovation ecosystem our employees have been incredible in bringing forward amazing ideas.

Vatsalya Narain

Business Segment Head - Insurance

5 年

Good article. Spain is a case in point. Open innovation embraces customer perspective right at the onset and feedback loop is minimised as customer was always right at the centre feeding the idea at all interventions.

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