Open innovation at siemens
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Siemens is a global leader in electrification, automation, and digitalization, focusing on sustainable technologies and innovative solutions. The company's open innovation strategy aims to enhance internal knowledge, foster collaboration, and expedite problem-solving through external partnerships and competitions. However, challenges include communication gaps, decentralization, and employees' reluctance to cooperate, which impact the effectiveness of the innovation process.
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Open innovation at siemens
- 3. Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. In infrastructure and industry solutions the company plays a pioneering role.
- 5. Open innovation was an attempt to harness talent from inside and outside siemens Creating sustainable internal knowledge . Sharing networks. To share knowledge and breakdown bigger upcoming problems. To improve the expertise of other departments Utilizing third party platform. Holding contest. To identify internal experts to solve problems. To accelerate the time of market innovation
- 7. Solved problems through OI Competitive attitude within departments Communication gap Decentralized operation structure Problem with external innovation process Difficulty in finding experts Employees unwillingness to cooperate
- 10. Centralized responsibility for open innovation Overcome problems Monitoring problems Identifying experts Communication gap Controlling cost