Category: Business Environment

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    I was impressed with how BT embraced open innovation — starting with their open innovation office that launched at the turn of the millennium, and expanding into open innovation research labs. BT has the largest open innovation initiatives among UK multinationals (North of £3B), but it’s not just about creating a lab. Instead, they want open innovation to be a culture that is reflected in all areas of BT — from the boardroom to customer experience. Open innovation doesn’t

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    In my first stint as the Director of the Open Innovation function in BT, we were faced with the challenge of opening up the company to external innovators and collaboration in a rapidly changing digital landscape. As part of the transition from a traditional to a more dynamic company, the function had to grow significantly, with a new focus on driving new business opportunities and value propositions using open innovation. The move towards a more innovative culture started in 2011 when BT created a new brand for the innovation function – Innovation4You. home

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    “Open innovation has proven to be a transformative process for both businesses and governments worldwide. The aim of this process is to create a dynamic system, where businesses and governments collaborate to develop new technologies, products, and services that improve the efficiency of the global economy. BT is one of the companies that has successfully adopted open innovation as a strategic initiative, and has experienced significant growth and sustainability. I will explain how BT has developed an open innovation system and what specific challenges it faced while adopting open innovation practices