Collaborative Innovation: How to Avoid the Four Traps Case Solution
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: December 01, 2016
Many leaders acknowledge that in these days's innovation-obsessed economic situation, they have to look beyond their own walls and team up externally with other companies in their community to develop brand-new items and services. While the requirement for cooperation has actually been well-documented in the business-to-consumer (B2C) circumstance, it is much less so in the business-to-business (B2B) area.
The authors reveal that, when done right, B2B collaborative innovation can produce advantages in 4 unique locations, consisting of reduced threat and increased trust. Based upon their deal with leading business like BASF, Daimler and VentureMed, they explain the 4 'traps' that partners deal with, and ways to surmount them.
Related Case Solutions & Analyses:
Defining Torture in the War on Terror (Sequel)
Lessons Learned from Brazilian Multinationals’ Internationalization Strategies
Sears Canada (A)
The Neglected Need for Strategic Renewal in Emerging Markets: Lessons from Vietnam in Transition
Fassler Gourmet Singapore: Innovation from a Crisis
Women and Children First on the Titanic
DKSH in 2012: Preparing For Continued Rapid Growth
A.J. Washington: Retaining an NFL Star
HNA Group: Moving China’s Air Transport Industry in a New Direction
Understanding and Managing CEO Celebrity
