Open Innovation Enablers: Manage the Innovation Portfolio with Strategy in Mind

 

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APQC conducted the study Open Innovation: Enhancing Idea Generation Through Collaboration to examine the open innovation practices of successful organizations. To increase the number of high-quality ideas sourced and generated, as well as to increase the speed of open innovation, the best-practice organizations in APQC's study embrace certain enabling practices. The adoption of these enablers is not in itself a best practice, but it furthers the success of open innovation efforts in conjunction with best practices.

The best-practice organizations featured in the study link the management of innovation projects with their innovation and organizational strategies. This ensures that these organizations receive the full benefit of the best practices they put in place for open innovation.

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