Scout for Both Broad and Specific Sources of Innovation

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

As an organization’s open innovation program matures, it typically broadens its horizon for new ideas. APQC advises organizations to focus on specific needs, as well as broader trends within a defined arena. An excerpt from APQC’s report, Open Innovation: Creating Flexible Collaboration, this article examines how an open innovation program can systematically work to expand the sources that it scouts for ideas, with an example from pharmaceutical company GSK.