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Power of Collaborative Innovation
During our recent research, we asked scores of executives: “What is the most sustainable source of competitive advantage?” The conclusion was quite revealing. We found a wide concurrence among senior executives with this statement:
In a Fast Moving, Rapidly Changing World, the Most Sustainable Source of Competitive Advantage is -- Collaborative Innovation.
Simply put, Collaborative Innovation is the most robust and regenerative way to create true value and growth.
Definition of Collaborative Innovation
We define Collaborative Innovation as:
- The recursive interaction of co-creativity, knowledge, and mutual learning between two or more people working together toward a common goal of generating new sources of growth or wealth in an organization
The Next Generation: Doubling the Value with Innovation Alliances
Building on our learnings and research, we’ve developed a new architecture that consistently generates innovation across organizational boundaries.
By capitalizing on the “synergy of compatible differences,” alliances hold unique potential as engines of innovation, enabling the transformation of new ideas into new products, services, and solutions.
We’ve carefully analyzed the unique and compelling characteristics that drive innovation alliances and developed a revolutionary Collaborative Innovation ArchitectureTM which will, when applied masterfully, produce consistent, high quality, high performance relationships that not only last, but actually enable alliances to prosper, regenerate and transform as conditions change, promising to double the value gained from your trans-organizational relationships
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