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Marketing Innovation Keys to Open Innovation Success Jeff Boehm Chief Marketing Officer Invention Machine

Marketing Innovation Keys to Open Innovation Success

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Marketing Innovation Keys to Open Innovation Success. Jeff Boehm Chief Marketing Officer Invention Machine. Key Points. Successful open innovation requires a strong internal innovation framework - PowerPoint PPT Presentation

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Page 1: Marketing Innovation Keys to Open Innovation Success

Marketing InnovationKeys to Open Innovation Success

Jeff BoehmChief Marketing OfficerInvention Machine

Page 2: Marketing Innovation Keys to Open Innovation Success

Key Points Successful open innovation requires a strong

internal innovation framework

Processes, information and communities should be integrated as three key ingredients for innovation

Innovation success requires internal communications

Page 2

Page 3: Marketing Innovation Keys to Open Innovation Success

Internal Innovation Foundation

Page 3

Page 4: Marketing Innovation Keys to Open Innovation Success

Innovation Challenges Innovation remains an ad-hoc process• Forrester: CEO’s are clamoring for continuous vs.

ad-hoc innovation to stay ahead of competition

Knowledge is hidden in plain sight• IDC: Knowledge workers are failing in their quest

to obtain the information they need

Innovators work in isolation• Harvard Business School: Traditional innovation

approaches are outdated – firms must develop the ability to collaboratePage 4

Page 5: Marketing Innovation Keys to Open Innovation Success

An Innovation Ecosystem Innovation remains an ad-hoc process• Forrester: CEO’s are clamoring for continuous vs.

ad-hoc innovation to stay ahead of competition

Knowledge is hidden in plain sight• IDC: Knowledge workers are failing in their quest

to obtain the information they need

Innovators work in isolation• Harvard Business School: Traditional innovation

approaches are outdated – firms must develop the ability to collaboratePage 5

Communities

Information

Innovation Activities

Get the right information

within the right time

Capture & reuse expertise & new intellectual capital

Work collaboratively with repeatable & effective

methods

Page 6: Marketing Innovation Keys to Open Innovation Success

Deploying Innovation Internally Positioning• Make it relevant• Show success

Promotion• Make it obvious

Calls to action• Make it easy

Sustaining momentum• Make it stick

Page 6

Commencing today, you will INNOVATE!

MANDATEX

Page 7: Marketing Innovation Keys to Open Innovation Success

Positioning – Make it Relevant

Value Costs Timeline Results …

What does it mean to me?

How does it fit into my current role?

Who else is on-board?

Page 7

AudiencesUser CommunitiesExecutives

Page 8: Marketing Innovation Keys to Open Innovation Success

Positioning – Make it Relevant In context Meaningful

Page 8

(examples removed due to confidentiality)

Page 9: Marketing Innovation Keys to Open Innovation Success

Positioning – Make it Relevant Voice of the user

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(examples removed due to confidentiality)

Page 10: Marketing Innovation Keys to Open Innovation Success

Promotion – Make it Obvious Use all available channels Drumbeat – not one-off• A rolling roadmap/ project plan

Page 10

(examples removed due to confidentiality)

Page 11: Marketing Innovation Keys to Open Innovation Success

Promotion – Make it Obvious Use all available channels Drumbeat – not one-off• A rolling roadmap/ project plan

Page 11

Badges

Staff meetings

Tchotchkes

Tent cards

WikiMagazines

BlogsTech fairs

Posters

EmailIntranet

LCD DisplaysNewsletter

Page 12: Marketing Innovation Keys to Open Innovation Success

Calls to Action – Make it Easy Clear instructions to learn more and engage

Page 12

(examples removed due to confidentiality)

Page 13: Marketing Innovation Keys to Open Innovation Success

Sustaining Momentum – Make it Stick User Communities Regular communications

(examples removed due to confidentiality)

Page 14: Marketing Innovation Keys to Open Innovation Success

Key Points Successful open innovation requires a strong

internal innovation framework

Processes, information and communities should be integrated as three key ingredients for innovation

Innovation success requires internal communications• Positioning – make it relevant & show success• Promotion – make it obvious• Calls to action – make it easy• Sustain momentum – make it stickPage 14

Page 15: Marketing Innovation Keys to Open Innovation Success

Thank You!

Jeff BoehmChief Marketing OfficerInvention [email protected]+1.617.305.9250 x3235

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