Will ecosystems replace simple ‘old’ innovation collaborations as we know them today? Open innovation has suddenly lost its pole position. Board rooms around the world will be thinking through the events that unfolded yesterday and I’m not talking about Eygpt.
Just get into the story that has been unfolding at Nokia in the recent weeks, it has been breathtaking but it signals a massive change in where innovation will be going. Let me summarize some of this story and add some of my own thoughts on what this means.
Firstly the famous burning platform memo within Nokia.
In early February Stephen Elop, the CEO of Nokia issued a ‘burning platform’ memo internally
- We are standing on a “burning platform,” and we must decide how we are going to change our behaviour.
- The burning platform, upon which the man found himself, caused the man to shift his behaviour, and take a bold and brave step into an uncertain future. He was able to tell his story. Now, we have a great opportunity to do the same
- And, we have more than one explosion – we have multiple points of scorching heat that are fuelling a blazing fire around us.