Meet Volition: democratizing beauty products to cater to a global and diverse community whilst reducing research and product development costs through the power of open innovation.
crowdsourcing
Crowdsourcing snack food trends at PepsiCo
Examines how PepsiCo is using open innovation in their Lay’s “Do Us a Flavor” competition and ways they can more broadly utilize crowdsourcing to stay competitive in a trend-driven market
Hackers Wanted: Crowd-sourced security at the United States Department of Defense
Data breaches and cyber attacks are becoming more prominent and less predictable. To manage ever-increasing cyber risk, the U.S. Department of Defense created a bug bounty program for security vulnerabilities and used crowdsourcing to invite hackers to break into their systems.
The Missing Piece: How Lego Found Open Innovation at a Critical Time
Lego was facing financial distress in the mid-2000s. In this time of turmoil, it turned to open innovation to restart its business.
Keeping It Fresh in Packaged Food: An Examination of Open Innovation at Mondelez International
This piece briefly examines the adoption of various open innovation practices by Mondelez International to better react to competitive pressures and position itself for long-term sustainable growth
Waze: the application which supports (or even incentivizes?) its users to break the rules
Waze is already very advanced in several areas, including the accuracy of its recommended route choices, the flexibility it provides by rerouting seamlessly in seconds, and its established user community with incentives for crowd sourced contributions. But what about user safety (using the app while driving) and the unethical user behavior (avoiding speed traps, police cars to be able to drive faster) promoted by the app?
Grand Challenges at Bill and Melinda Gates Foundation
An example of Open Innovation applied to Non-Profit Organization and Beyond
Future-Proofing Financial Services: Barclays Accelerator Program and Open Innovation
“By accelerating the development of groundbreaking products and services, we know that we can help to keep Barclays at the cutting edge of financial services, all while helping to revolutionize the industry” – Michael Harte, Chief Operation and Technology Officer.
Grupo Aval: Utilizing open innovation to build a new business model
Grupo Aval, the largest financial group of Colombia, is using open innovation to counter emerging fintech competition.
Solving the Opioid Crisis through Crowdsourcing Contests: HHS’s Opioid Code-a-Thon
Why did the Department of Health and Human Services host a two-day Code-A-Thon focused on the opioid crisis? What role does crowdsourcing play in government agencies?