Open Innovation Workshop

Constructing, expanding and engaging innovation capabilities

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Course Overview

Is your company under continuing pressure to generate new ideas to stay competitive and relevant? Using open innovation allows companies to look beyond their internal resources to a much a wider network in which to co-create with and leverage fresh expertise. Organisations such as Lego, Ford and UBS have highlighted the need for open innovation through the adoption of this methodology.

The Open Innovation Workshop focuses on your business drivers, resources, motivations, revenue streams and open innovation readiness over a 2-day workshop. The programme provides open innovation tools that have been successfully implemented across multiple industries, equipping you with the necessary skills to begin or improve your current collaborative efforts.

In-Company Only

Duration: 2 Days

PRICE: Contact Us

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Why choose this course?

Why Choose the Open Innovation Workshop?

  • Develop an understanding of open innovation and its different approaches
  • Learn key open innovation tools, methods and frameworks
  • Effectively engage and co-create with the external ecosystem
  • Identify key drivers and challenges to open innovation
  • Learn from industry examples of successful and unsuccessful open innovation

Who is it for?

  • Innovation Managers
  • Product Managers
  • Partnership Managers
  • Heads of Strategy
  • Venture Capitalists
  • Mid-Senior Level executives

Programme Modules

  • Pressures reshaping the Industry
  • Preparing for Collaboration
  • Open Innovation Business Models
  • Open Innovation Methods
  • Open Innovation Metrics
  • Open Innovation Tools
  • Challenges with Open Innovation
  • Pitching and next steps

Learning Outcomes

Benefits For Professionals

  • Gain invaluable insights into open innovation and its effectiveness
  • Develop confidence in applying key open innovation tools and frameworks
  • Learn how to prepare and develop effective action plans
  • Evaluate open innovation readiness and how your team collaborates

Benefits For Your Organisation

  • Help encourage open innovation throughout your business 
  • Incorporate effective open innovation into your business model
  • Identify and measure effectiveness through KPIs and metrics 
  • Equip your employees with the latest innovation tools and methods 
  • Overcome the challenges of external engagement

Programme Details

Module 1

Pressures reshaping the industry

  • What is open innovation?
  • How is open innovation effective?
  • Business drivers
  • Creating your manifesto

Module 2

Preparing for Collaboration

  • A look at open innovation readiness
  • How your team currently collaborates
  • Collaboration test

Module 3

Open Innovation Business Models

  • Key partners and activities
  • Resources
  • Cost structures and revenue
  • Motivations
  • Business model for collaborations

Module 4

Open Innovation Methods

  • Collaborative open innovations
  • Cooperative open innovation
  • Co-creative open innovation
  • Closed open innovation
  • Industry examples

Module 5

Open Innovation Metrics

  • Setting KPIs
  • Measuring KPIs
  • What are we going to give?
  • What are we going to receive?

Module 6

Open Innovation Tools

  • Tools for collaborating online and offline
  • Crowdsourcing
  • Creativity techniques
  • Workshops

Module 7

Challenges with Open Innovation

  • What could hinder engaging externally?
  • IP considerations
  • Strategy

Module 8

Pitching and next steps

  • Effectively pitching to partner or decision maker
  • Assessing Open Innovation
  • Confirm tangible next steps