Our longer term winner is clearly open digital innovation
In my last post I was discussing the effect digital would be having on our innovation activities, be these presently opened or closed.
The impact of digital innovation changes the innovation paradigm significantly.
Organizations can stay digitally closed in their innovation activities, moving beyond simply developing innovation solutions themselves into a connected (closed) network, where the platform becomes the enabling force and those that join share common ground or purpose but are pursuing separate value propositions that required this ‘extended’ collaboration to achieve this position.
These ‘closed systems’ can give a level of competitive advantage but these are increasingly transitory depending on the complexity and uniqueness of the eventual value proposition. Collaborative platforms are clearly the way to go to open-up innovation that allows more radical and complex solutions to be provided.
We will see a new wave of open digital innovation