Improve Open Innovation with Portfolio Management

Published On:
June 28, 2021
Authored By:
APQC
Members-Only Content:

Open innovation projects, like other projects in an organization, need to be allocated resources and managed on an individual basis. The open innovation team also needs to manage the collective portfolio of projects in the context of multiple demands. An excerpt from APQC’s report, Open Innovation: Creating Flexible Collaboration, this article examines how to match portfolio management to the open innovation strategy. The article includes an example from InnovaPrep.