We hear a lot of talk in the greater Open Innovation “space” that is often quite esoteric in nature. Rhetoric that talks of the wonders of the wisdom of the crowd, yet fails to offer a sincere level of granularity as to what really makes an Open Innovation community “tick” or how to manage an Open Innovation process so that you can achieve scale. After all, if you are entering Open Innovation to only “run” one competition, well that isn’t going to transform how you approach innovation and growth. Conversely, if your goals are to achieve a continuous innovation cycle via Open Innovation contests and challenges, then you will require that level of granularity that will help you master Open Innovation management. Let’s take some time to look at 4 things you should never do when managing an Open Innovation process.
To read the original article: 4 Things to Never Do When Managing Open Innovation Competitions - TopCoder, Inc.
