Strategic Planning

Innovation Passport: The IBM First-of-a-Kind (FOAK) Journey by Mary Jo Frederich

Posted On March 23, 2017 at 12:44 pm by / Comments Off on Innovation Passport: The IBM First-of-a-Kind (FOAK) Journey by Mary Jo Frederich

By Mary Jo Frederich

“Finally! A e-book that lays out an intensive but manageable route to collaborative innovation! With a hugely readable variety and utilizing nice examples, Frederich and Andrews describe the method through which IBM makes collaborative innovation paintings from a technique, corporation, and buyer point of view. through following the information during this e-book, people with aspirations of collaborative innovation can research from the teachings of IBM and maximize their likelihood of luck. A+!” –Gregory S. Dawson, Ph.D., Assistant Professor at W.P. Carey college of industrial at Arizona country collage and previous associate at PricewaterhouseCoopers   “Innovation Passport is going on to the center of ways businesses can accelerate the transition from study to profit. This book’s mixture of perception and actionable detail–derived over a dozen years–provides a roadmap for firms to speed up the commercialization of rules and applied sciences. in addition, this most sensible perform relies on collaboration with exterior companions, an process that's much more serious given strained monetary times.” –Keith O’Brien, vice president, top Practices learn, Frost & Sullivan   Get within IBM’s leap forward FOAK software for supplying ecocnomic Innovation! study from one of many world’s so much winning innovation projects Align researchers, consumers, and companions at the back of innovation that issues Get the perfect strategies to marketplace quickly how will you advertise innovation that promises actual, ecocnomic company value–again and back, yr after yr? For 14 years, IBM’s FOAK application has performed simply that. In Innovation Passport, FOAK’s leaders percentage the strong classes they’ve discovered. via real undertaking examples, you’ll detect how you can craft greater approaches for making innovation happen...encourage collaboration...manage innovation portfolios...protect highbrow property...and systematically enhance the probabilities of market adoption. no matter what your function in innovation, this booklet may also help you do it larger, swifter, and extra profitably.

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Extra info for Innovation Passport: The IBM First-of-a-Kind (FOAK) Journey From Research to Reality

Sample text

It also forced the researchers to think more deeply and creatively about the potential impact of their work beyond the laboratory. Looking back, one can see how SAS and the Joint Programs drove IBM Research to be more vital to IBM by guiding the researchers into areas that they might not have otherwise explored. 1 shows the evolution of IBM Research from being internally focused to externally focused. Although IBM Research didn’t welcome these changes enthusiastically, the cloud had a silver lining.

This value proposition was easy to understand and resonated well in the marketplace. It set this project proposal on a firm business foundation for further development. Once the value proposition is defined, the idea can be presented to the Industry Team for prioritization and sponsorship. Gain IBM Industry Support With the support of the Industry RRM and a strong value proposition in hand, the FOAK Proposal Team can present their idea to the Industry Team for sponsorship, taking an important step toward eventual commercialization.

In each case, IBM builds relationships and gets a better understanding of how banks, manufacturers, governments, and other organizations work, and what they may need next. These relationships are key to building the trust necessary to open the door for new partnerships and megadeals. Understanding the industry provides an important way to prepare for what is coming in the future and to be ready with the next solution. This specific know-how is useful for many IBM endeavors that go forward long after a FOAK project has finished its last task.

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