Are you behind the curve?
Network-centric innovation is one is one of the fastest moving business model disrupters in many years. What we are seeing is that the world’s largest firms, like IBM and Proctor and Gamble (P&G), as well as emerging and medium sized firms, are moving away from purely internally driven innovation. They are accelerating their efforts in forging new business models by expanding their use of external partners (individuals or companies). They are “plugging in to the network”, just like Apple IPods and MP3 technology plug into one another. The network centric innovators need each other to be successful and depend on one another by conducting collaborative co-creation of services, products, and technology.
If you do not practice network centric innovation you are already behind the curve. The good news is, that is not a problem as long as today you take your first steps and begin to build your own network center innovation model.
Why the sudden shift towards network centric innovation? Actually it is not that sudden. Like Malcolm Gladwell, of the New Yorker, and author of the book Tipping Point, points out that change so often happens quickly and unexpectedly. However, this is not a surprise, but really a natural phenomenon (Malcolm points out that the phrase actually comes from the world of epidemiology and is a name given to that moment in an epidemic when a virus reaches critical mass.). So yes, the network centric innovation movement has reached critical mass, but just like the Tipping Point it is built upon years of germination.
Who is doing Network Centric Innovation?
There are a number of examples of network centric innovation models. Take the time to visit the following sites to see what ideas you come up with for your own Network Centric innovation model. You will see that the ideas are sound and unlike the e-marketplace phenomema of the dot.com era, these are highly competitive arenas that are the foundation of a market economy.
Nine Sigma (http://www.ninesigma.net)
Nine Sigma works on behalf of its clients to source innovative ideas, technologies, products and services from outside their organization quickly and effectively by connecting them with the best innovators from around the world.
Innocentive (http://www.innocentive.com)
InnoCentive connects companies, academic institutions, and non-profit organizations with a global network of more than 125,000 individuals.
Idea Crossing (http://www.ideacrossing.com)
Idea Crossing provide a forum for individuals to voice new ideas and be rewarded in the process through the design, production and operation of innovation competitions. They attract communities of innovators inside and outside an organizations’ walls, using a web-based platform Challenge Accelerator® that is also designed to work with various complex stage gates of innovation competitions.
Fellow Force (http://www.fellowforce.com)
Fellowforce.com was founded “To Connect Organizations and Talent, through Open Source, for limitless ideas, innovation & solutions”. Fellowforce.com aims to open up organizations for outside-in participation from experts, consumers, and other interested parties to generate powerful new options through this collaboration.
Cambrian House (http://www.cambrianhouse.com)
Cambrian House states that they are the “home to the world’s first Crowdsourcing community: a diverse collective of creative, tech-savvy and entrepreneurial minds. Cambrian House is Community Owned”. They are a Web 2.0 company where members are owners. Members earn points for participating by posting in Cambrian House forums, as well as submitting or commenting on ideas and businesses.
Insight (http://insight.businessobjects.com/home)
Insight is a Web community to “connect passionate number crunchers with the information and collaborative tools they need to solve the biggest challenges facing businesses and social organizations today”.