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Meeting of minds deck

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Slides used at Meeting of Minds workshop on 16th October 2012 in Hook, Hampshire for IFA event.

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Meeting of minds deck

  1. 1. 16 October 2012 © 100%Open 2012 1Unexpected PartnershipsRoland Harwood, 100%Open
  2. 2. 16 October 2012 © 100%Open 2012 2Unexpected Partnerships Innovation is a Contact Sport
  3. 3. 16 October 2012 © 100%Open 2012 3The Net Works “Networking is only one letter away from not working.” Chris Powell
  4. 4. 16 October 2012 © 100%Open 2012 4Connect the Dots “Connect on your similarities, and benefit from your differences.” Valdis Krebs
  5. 5. 16 October 2012 © 100%Open 2012 5Constellations
  6. 6. 16 October 2012 © 100%Open 2012 6Lateral Leaps Q1. What can we learn or borrow from each other that we can both benefit from?
  7. 7. 16/10/2012 © 100%Open 7F1 Intensive Care UnitDoctors learned from the Forumla 1 pit stop as analogous to transferring patientsfrom operating room to intensive care, reducing errors made and saving lives.
  8. 8. 16/10/2012 © 100%Open 8Reebok PumpsReebok Pumps innovation came from standard blood pressure monitors. Their firstyear’s sales we over $1bn and propelled Reebok ahead of Nike for the first time.
  9. 9. 16 October 2012 © 100%Open 2012 9Bi-Products Q2. What spare material or resources do we have that can be used productively by each other?
  10. 10. 16/10/2012 © 100%Open 10Hovis & Courtaulds = QuornCourtaulds (now Akzo) taught Hovis how to weave strands of mushroom fungus, abyproduct of bread making, into Quorn; now one of the UK’s biggest food brands.
  11. 11. 16/10/2012 © 100%Open 2010 11Cola-LifeColaLife works in developing countries to bring Coca-Cola and its bottlers together toopen up distribution channels to carry ‘social products’ such as oral rehydration salts.
  12. 12. 16 October 2012 © 100%Open 2012 12White Space Q3. How can we create something new by collaborating with non- competing partners?
  13. 13. 16/10/2012 © 100%Open 13Swatch & Mercedes = SmartSwatch worked closely with Mercedes to develop the hugely popular Smart car usingthe same type of manufacturing strategies and personalization.
  14. 14. 16/10/2012 © 100%Open 14Starbucks and SquareSquare & Starbucks have announced a unexpected partnership that will see themusing the mobile payment service in 7,000 stores while also investing $25m in it.
  15. 15. 16 October 2012 © 100%Open 2012 15Unexpected Partnerships 1. Lateral Leaps – What can we learn or borrow from each other that we can both benefit from? e.g. Great Ormond Street 2. Bi-Products – What spare material or resources do we have that can be used productively by each other? e.g. Coca-Cola 3. White Space – How can we create something new by collaborating with non-competing partners? e.g. Smart
  16. 16. 16/10/2012 © 100%Open 2009 163 minute JV “A new idea is nothing more or less than the combination of old elements.” James Webb Young
  17. 17. 16/10/2012 © 100%Open 2011 173 minute JV 1. Compare holiday destinations 2. Explain what you do. 3. Find out what your partner does. 4. Agree what you could do together. 5. Give your joint venture a name.
  18. 18. 16/10/2012 © 100%Open 2011 183 minute JV
  19. 19. 16 October 2012 © 100%Open 2012 19Start at the End “Innovation is a U-Shaped Process.” Paul Vanags
  20. 20. 16 October 2012 © 100%Open 2012 20Give | Get Generosity is like compound interest. The sooner you bank it the greater the dividends.
  21. 21. 16 October 2012 © 100%Open 2012 21Cultivate the Edge “The future reveals itself through the peripheral.” J.G. Ballard
  22. 22. 16/10/2012 © 100%Open 2011 22Open Business Models & Buzzwords Franchise Co-branding Peer to peer Spinout Cross licensing Partnership Copyright Alliance Proprietary supplier Minority stake Design platform Majority stake Collaborative Crowd-funding Acquisition Crowd-sourcing Merger Communities of interest Co-Creative Membership org. R&D Joint venture Cooperative Kaizen Freemium Creative commons Paywall Closed Joint R&D Open source Market Profit share research
  23. 23. 16/10/2012 © 100%Open 2010 23P&GWe invited the UK’s design community to respond to two open briefs on fabric careand wellness, to find global new markets worth $100 million.
  24. 24. 16 October 2012 © 100%Open 2012 24E.ONA customer-led innovation programme which was designed and piloted, and thenrolled out cross company with 45,000 customers, to create 8 x £10m propositions.
  25. 25. 16/10/2012 © 100%Open 2010 25LEGOLEGO Cuusoo is a social platform where people can submit designs, build a marketbefore investing in production, and receive a 1% royalty when it is produced.
  26. 26. 16/10/2012 © 100%Open 2011 26Co-Creation Drawing Rule 1: Draw only one line at a time Rule 2: No talking while drawing 1. Cooperation - One of you to take the lead 2. Cooperation – Repeat but reverse roles 3. Collaboration – Both decide together 4. Co-Creation – Neither decides, just draw
  27. 27. 16 October 2012 © 100%Open 2012 27Thank YouRoland HarwoodCo-Founder & Partner100%Open | Somerset House | South Building | London | WC2R 1LAPhone: +44 (0)20 78133 1006 | +44 (0)7811 761 435Email: roland@100Open.comWeb: www.100Open.comTwitter: @100Open

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