Open Innovation Management   26-slide PPT PowerPoint presentation slide deck (PPTX)
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Open Innovation Management (PowerPoint PPTX Slide Deck)

PowerPoint (PPTX) 26 Slides FlevyPro Document

Top 1,000 Best Practice $29.00
FlevyPro price: FREE (included in subscription)
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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INNOVATION MANAGEMENT PPT DESCRIPTION

This product (Open Innovation Management) is a 26-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.

Open Innovation, also referred to as Outside Innovation, can be an incredible source of Innovation and Growth for an organization. The fundamental idea of Open Innovation is to rely on outsiders for both:

1. A source of ideas
2. A means to commercialize those ideas

In pursuing Open Innovation, there are 3 key considerations to evaluate, which are discussed in this framework presentation:

1. Consideration of Innovation
2. Consideration of Motivation
3. Consideration of Platform Business Model

Additional topics discussed include Markets vs. Communities, Extrinsic vs. Intrinsic Motivations, Knowledge Accumulation vs. Experimentation, the 3 types of Platform Business Models, among other topics.

This deck also includes slide templates for you to utilize in your own business presentations.

This presentation delves into the critical decision-making process between competitive markets and collaborative communities. It contrasts the dynamics of each, highlighting the formal governance and profit motives of competitive markets versus the cooperative relationships and technology sharing in collaborative communities. This comparison aids in understanding which approach aligns best with your organization's innovation strategy.

The PPT also explores the spectrum of motivations driving external innovators, from extrinsic to intrinsic. It emphasizes the importance of aligning these motivations with your innovation goals to ensure active participation. By examining extrinsic rewards and intrinsic challenges, you can tailor your approach to attract the right external talent.

Finally, the presentation provides a detailed analysis of three types of platform business models: Integrator, Product, and Multisided Platforms. Each model is dissected to show how control and autonomy are balanced between the platform and external innovators. This section is crucial for organizations looking to implement a platform strategy that maximizes innovation while maintaining strategic control.

Got a question about the product? Email us at flevypro@flevy.com.

Source: Best Practices in Innovation, Platform Strategy, Open Innovation PowerPoint Slides: Open Innovation Management PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting

INNOVATION MANAGEMENT PPT SLIDES

Key Considerations for Open Innovation Strategy

Understanding the Spectrum of Motivations: Extrinsic vs. Intrinsic

Comparative Analysis of Platform Business Models

Divergent Paths in Open Innovation: Market Dynamics vs. Community Collaboration

Deciding Between Market and Community for Innovation

Evaluating Distinct Platform Business Models

Evaluating Distinct Platform Business Models

This PPT slide presents an overview of platform business models, focusing on the decision-making process for transforming a product into a platform. It outlines 3 distinct types of platform business models that organizations can evaluate to determine the most suitable approach for their needs.

The first model discussed is the Integrator Platform. This model positions the platform owner as a mediator between external innovators and customers, allowing the owner to maintain a high degree of control over the customer relationship. The example provided is the Apple App Store, where app developers must sell their products through the platform, enabling Apple to moderate transactions and collect a commission on sales.

The second model is the Product Platform. Here, external innovators build on a foundational technology provided by the platform. The control shifts somewhat, as the platform owner no longer directly manages customer relationships. The slide cites Google’s Android operating system as an example, where various manufacturers can customize the platform and sell devices directly to customers.

Each model has its implications for how businesses interact with innovators and customers. The choice of model affects not only operational control, but also revenue generation and customer engagement strategies. The slide emphasizes the importance of evaluating these models carefully, as the right choice can significantly influence the success of the platform initiative. Understanding these distinctions is crucial for executives considering a shift to a platform-based approach.


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