Open Innovation Networks—
Creating and managing an
ecosystem for innovation
Chief Executive Officer
business models and collaborative approaches to innovation
are moving beyond 'nice-to-have' to 'must-have.' Joint
ventures and strategic alliances are on a growth path.
‘Collaborative innovation’ methods were being used by more
than 50% of respondents to Bain & Company’s 2006 Management
Tools and Trends Survey.
group of leading companies have successfully adopted open
innovation and are demonstrating impressive results. But
many others are moving slowly or stumbling along the way.
And many are incorrectly equating open innovation with
technology scouting. While scouting remains important, open
innovation is more broad and incorporates other important
aspects including the partnerships and informal
relationships with networks of external innovators.
companies are learning to identify areas of interest and
then develop both formal and informal mechanisms to create
innovation networks. This is an ongoing process that
requires a company to approach business in a fundamentally
different way, both externally and internally.
our exclusive 90-minute audio-session (60 minute
presentation plus 30 minutes for Q&A) as respected expert,
Mike Docherty, provides an introduction and framework for
creating and managing your company’s networks of external
innovators. This presentation provides practical advice and
case studies of successful open innovation networks in
action and a straight forward approach to planning,
structuring and managing external innovation partnerships to
drive internal growth.
end of this session you will understand:
importance of moving beyond just technology scouting
Strategic intent and network charters
framework creating and managing networks of partners
structure collaborative pilots to harvest innovation
whole team to join you - the fee is the same as long as you
are on one line, just put it on speakerphone!
make the time and date of the call? Join
FastTrack and receive the transcript and download
the mp3 of this
and other audio sessions.
About the Session Leader
Chief Executive Officer
Mike Docherty has 25 years
of innovation management experience in industries as diverse
as automotive, medical and consumer housewares. His
broad-based leadership experience includes senior roles in
general management, marketing and new product development.
Most recently he was a
VP/GM for Sunbeam Products, Inc. where his open innovation
efforts played a key role in the successful turnaround of
the company. Prior to Sunbeam, Mike held leadership
positions in marketing and planning for General Electric,
Ford Motor Company and Rohm & Haas.
Mike is currently CEO of
Venture2, Inc. a company that specializes in helping leading
companies deliver growth through open innovation. Venture2’s
co-innovation framework and services bridge the gap between
large companies seeking innovation and entrepreneurs who
Mike holds an MBA from
Northwestern University’s Kellogg School of Management and
BSME degree from Drexel University. He is a highly rated
international speaker on innovation and is an inventor on
seven U.S. patents. Mike is actively involved in supporting
the entrepreneurial community.