By Jon A. Fredrickson, VP, Chief Innovation Officer
Sometimes, simplicity is a great thing. We simplify complex instructions, dense research, and many other things in our lives. When concepts like open innovation and crowdsourced solutions are discussed, it’s essential to simplify; what this means, the process, what it is and is not, and the benefits organizations stand to gain by embracing this capability and results for rapid and meaningful innovation. At InnoCentive, we strive for simplicity; we make open innovation an easy process for organizations all over the world by connecting them with a network of more than 400,000 Solvers with InnoCentive expert-aided design..
The term “echo chamber” has seen a huge resurgence in over the past year. It was a runner up for Word of the Year in 2017, and everyone from politicians to media pundits and tech CEOs have adopted the term into their everyday vernacular. But it’s not the echo chambers created by political parties that should have innovators concerned. Instead, they should be focused on the echo chambers that may be cultivating within their own business, those that lead to stifled innovation, confirmation bias in research and delayed development of new products and ideas.