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Block by Block: Harnessing Open Innovation at The LEGO Group
beaverpaw2020
Posted on November 13, 2018 at 7:29 pm
Between 1999-2003 The LEGO Group was on a burning platform [1]. Children were abandoning traditional toys at earlier ages, turning to more sophisticated alternatives such as video games. Retailers were becoming more complex, as the phenomenon of big-box stores made [...]

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On November 15, 2018, beaverpaw2020 commented on Resurging Queen: Singapore Airlines and Its Open Innovation Scheme :

Very interesting read! I never thought open innovation could apply to an airline. At the end of the day, I don’t believe open innovation will be a long-term competitive advantage for SIA as competitors copy the idea.

On November 15, 2018, beaverpaw2020 commented on 3D Printing…we should ‘Just Do It’! :

Very interesting post on one of my favorite companies! I love what 3D printing will do for sneaker customization, and I believe consumers will too. It will be interesting to see if Nike or Adidas will master this manufacturing first.

On November 15, 2018, beaverpaw2020 commented on Adidas’s Race to be #1 in 3D Printing :

Very cool post! I love adidas, and I’m very excited about the new design possibilities 3-D printing will bring. I think what will truly propel this idea are aesthetics and cost. The shoes appear unlike anything else people are wearing. From a cost standpoint, companies such as Adidas may be able to cut China out from producing our goods.

On November 15, 2018, beaverpaw2020 commented on Open Innovation at NASA: Impact in Culture :

I enjoyed this post! One concern I have is security concerns around NASA’s work. Security will definitely play a major role around what NASA is allowed to crowdsource. For this reason, I believe they have to continue complementing their standard R&D process with open innovation.

On November 15, 2018, beaverpaw2020 commented on Spotify is better at picking your music than you are, but will they always be the best? :

Great post, Jeannie! I absolutely think other streaming services, such as Apple Music, will catch up to Spotify. Currently, Spotify has more users, but Apple is adding new users faster [1]. As the tech advances, I believe Apple will be just as effective at recommending music.

[1] https://www.forbes.com/sites/careypurcell/2018/05/15/with-50-million-subscribers-apple-music-still-lags-behind-spotify-for-now/#3139fb59557f

On November 15, 2018, beaverpaw2020 commented on Lemonade reinvents the insurance industry with machine learning :

Very interesting write-up on how Lemonade is using machine learning to fix a broken system. The entire insurance industry consistently frustrates its consumers. The biggest concern I have is the quality of data. Data is the new oil. Lemonade needs to ensure it has a well-structured and actionable strategy with regards to both internal and external data.