Most of the Blue Mango Innovation team have been practicing forms of open innovation for a number of years and we have developed a methodology for helping companies master this technique. There are several steps to our technique including the following:
Step 1 - Involves developing a strategy - who does the company compete with, when and with what. This step is based on an analysis of Key Success Factors
Step 2 - Establishes the areas of focus based on the competitive analysis carried out in Step 1
Step 3 - Involves putting an "open innovation team" together including an analysis ofpersonality types, roles, responsibilities, and metrics
Step 4 - Develops an open innovation model specific to the company's aspirations based on best practices of other open innovation best practice companies
Step 5 - Looks at developing idea evaluation and validation techniques both rough and fine filters
Step 6 - Establishes the transition method between the open innovation team and the product development team
Blue Mango Innovation is ideally suited to "open innovation" due to its extensive network of industry contacts and open innovation practitioners.