Strategic Doing and Connected Innovation April 2013

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STRATEGIC DOING HOW IT FITS WITH CONNECTED INNOVATION LAUNCHING FOCUSED COLLABORATIONS QUICKLY Ed Morrison Regional Economic Development Advisor Purdue Center for Regional Development Connected Innovation Symposium Purdue Department of Food Science April 3, 2013

description

Food science is one area of the economy in which companies have embraced open innovation. But how can companies manage these relationships? How can they create shared value in a disciplined process? This presentation explores these issues.

Transcript of Strategic Doing and Connected Innovation April 2013

Page 1: Strategic Doing and Connected Innovation April 2013

STRATEGIC DOINGHOW IT FITS WITH CONNECTED INNOVATIONLAUNCHING FOCUSED COLLABORATIONS QUICKLY

Ed MorrisonRegional Economic Development AdvisorPurdue Center for Regional Development

Connected Innovation SymposiumPurdue Department of Food ScienceApril 3, 2013

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MANAGING INNOVATIONIN OPEN NETWORKS

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OPEN INNOVATION: THE FIRM VIEWBRINGING THE OUTSIDE IN

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CONNECTED INNOVATION: A BIG VIEWWHAT HAPPENED TO OKLAHOMA CITY?

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OKLAHOMA CITY’S PRIDE: 1994SANTA FE PARKING GARAGE

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OKLAHOMA CITY TODAY

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A LEADING ENTREPRENEURIAL CITY: HOW DID THAT HAPPEN?

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HOW DO WE INNOVATE IN NETWORKS?

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IT SEEMS PRETTY COMPLEX

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THE ANSWER: FOLLOW SIMPLE RULESSIMPLE RULES MANAGE COMPLEXITY

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OPEN INNOVATION = CONVERSATIONS

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HOW DO WE GUIDE CONVERSATIONS?

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HOW DO WE DEVELOP A STRATEGY? WHAT IS A STRATEGY?

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A STRATEGY ANSWERS 2 QUESTIONS

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STRATEGIC DOING: 4 QUESTIONS

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IT’S A DISCIPLINE OF ITERATION

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SIMPLE, BUT NOT EASY...MASTERY REQUIRES PRACTICE

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THINKING DIFFERENTLY

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Strategic Planning Strategic Doing

STRATEGY EMERGES FROM “LEARNING BY DOING”

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KAYAKING IN THE OCEAN

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ADJUSTING TO DYNAMIC CONDITIONS

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ALIGNMENT EMERGESSIMPLE QUESTIONS LEAD TO “LINK AND LEVERAGE” STRATEGIES

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A LEAN, MANAGED NETWORKSTRATEGIC FOCUS AREAS WITH MULTIPLE INITIATIVES

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OKC: A REGION TRANSFORMEDTHE LESSONS ARE REPLICABLE

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TEACHING STRATEGIC DOING

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THANK YOU

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To learn more about Strategic Doing @ PurduePeggy [email protected] by Kim Mitchell