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Originally Broadcast on
Monday, August 15th
11:00-12:00pm
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Tamra Hall,
Gartner

Innovation is a deliberate acceleration in the rate of change. But many organizations suffer from group think which can stifle the pace of innovation. Gartner sees organizations increasingly seeking innovations from “outside the wall,” extending connections and possibilities through people, patterns, behaviors and trendspotting. Opening innovation to individuals, providers and communities beyond your walls can reshape thinking, challenge assumptions, accelerate development and propel your organization forward.

This presentation will explore how to develop and pursue a strategy of open innovation including overt management of requisite cultural shifts. The presentation will also examine how organizations are succeeding or failing with open innovation. Great ideas, great partnerships and compelling open innovation environments are of little consequence if the organization can’t deliver in development. Innovation is not an end in itself. Successful innovation programs are aimed at producing specific outcomes and value. Programs without goals flounder and fail, in innovation as elsewhere.

Risks inherent in innovation programs must also be addressed. Deliberate acceleration of change increases the potential for unplanned consequences for the enterprise. When risk is about reducing loss, it’s an afterthought. When risk is considered in the light of innovation, it’s about putting the tools and processes in place that make it safer to go fast.

Innovation is a numbers game. Expanding inputs to ideation and broadening your field of view creates more possibilities and greater chances for success.