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BK Blog Post
Posted by Soren Kaplan.
The recent national Harris poll sponsored by NineSigma shows companies are forging ahead to develop groundbreaking products, accelerate business, and to drive growth through innovation. A key strategy involves tapping into resources and solutions outside their own walls through “open innovation.”
The survey was conducted by Harris Poll on behalf of global innovation leader NineSigma, and tapped over 300 executives at organizations with $1 billion or more in revenue. Findings underscore the power of open innovation and its rising adoption:
Andy Zynga, CEO of NineSigma stated, “These results show open innovation has taken flight. Fearless innovation is now mission-critical. Companies are strategically putting their challenges on the table for the world to solve, and shifting to a more open culture. Those successful with this strategy know the process requires training and long-term vision and is well worth it in terms of ongoing ROI.”
Open innovation is one approach to creating a culture of innovation. Companies that want to create truly robust cultures that promote continuous improvement and business growth should also look at factors like leadership, structure, metrics, processes, and people capabilities. The world is changing, and internal organizational cultures must reflect the dynamic and fluid trends happening outside.
So, are you ready to innovate in 2015?