Ever wondered how some companies keep innovating at such a fast pace? The secret might just be open innovation! An interesting article I came across highlights how companies like LEGO and NASA are harnessing external partnerships and crowdsourcing to fuel their creative processes.
Take P&G, for instance. With their Connect + Develop initiative, they're actively collaborating with innovators worldwide, sourcing half of their new ideas from beyond their own teams. This shift to open, rather than in-house innovation, seems to be a game-changer for them.
How do you feel about open innovation? Could your business benefit from a similar approach?
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