The iconic toymaker LEGO Group faces a crisis in the mid-2000s as increased competition and changing consumer habits threaten its business. Turning to its passionate customers, LEGO uses open innovation to reimagine its product development process and catalyze radical change within the company.
The public can help fill gaps in government capacity and drive newfound productivity – but only if the city has the means to turn data into action.
The Bank of Canada’s implementation of open innovation through PIVOT.
Over the past decade, consumer preferences around the world have steadily shifted away from traditional light beers towards liquor and stronger flavor, artisanal craft beers. Large scale beer brewers are forced to pursue radical innovation in regaining its consumer base. Anheuser-Busch Inbev ("AB-Inbev"), the world's largest brewer is using big-data, open innovation and acquisitions to better position itself against these headwinds.
Who would you trust more for financial advice: 100 randomly selected people or Barclays, a 300-year old bank?
To create the smart cities of the future, Sidewalk Labs shows that the way forward is to ask citizens what they want, long before construction gets underway.
Utilizing open innovation to drive product development at NIVEA
Genome sharing through an open information sharing platform presents an unprecedented opportunity for the future precision of medicine and health for the worldwide community
Chariot offers an innovative, yet simple solution to designing city commutes: asking their riders where they want to go.
Crowdsourcing designs, machine learning, and efficient manufacturing processes have all been a part of Adidas' strategy for the future. With the help of open innovation the company has managed to turn its fortunes around and will be aiming to narrow the gap with Nike.
