Open innovation
Accelerate your innovation dynamic through sharing and collaboration
For more than 30 years, our specialized team has been supporting companies in their open innovation initiatives, to open up their innovation processes to external players (customers, suppliers, SMEs, other industrial players, start-ups, universities or academic laboratories) and accelerate their innovation dynamic.
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Key success factors for an open innovation project
Open innovation is the cornerstone of staying competitive in today’s dynamic market. Embracing open innovation empowers companies to tap into diverse expertise, accelerate innovation cycles, and unlock unprecedented growth opportunities. Designing and developing an open innovation approach adapted to a company’s specific needs, requires the consideration of several key success factors, such as :
Identifying stakeholders for open innovation requires navigating diverse networks and interests. Companies must cast a wide net to capture potential contributors while ensuring alignment with strategic goals. Moreover, stakeholders may span internal teams, external partners, and even competitors, making it crucial to manage relationships effectively. Balancing inclusivity with confidentiality and managing differing expectations add complexity, demanding meticulous planning and clear communication strategies.
What stakeholders are pertinent to target? How to identify these stakeholders? Which industries or sectors have complementary expertise or resources that could enhance our innovation efforts? Who are the thought leaders, innovators, or influencers within our industry or related fields whose involvement could amplify the impact of our open innovation endeavors?
Incorporating external ideas and technologies into existing processes and systems seamlessly can be challenging due to various factors. Firstly, there may be compatibility issues between the new ideas or technologies and the current infrastructure, necessitating adjustments or even substantial redesigns. Secondly, organizational inertia or resistance to change may hinder the smooth integration process. Additionally, ensuring that the new elements complement rather than disrupt existing workflows and objectives requires careful planning and coordination. Successful incorporation often demands not just technical expertise but also effective change management strategies and stakeholder engagement to navigate potential hurdles.
How to generate external ideas which could align with the companies’ current strategic imperatives? What are the potential challenges or barriers to implementing this idea within the companies?
Effectively allocating resources to support open innovation initiatives while simultaneously managing traditional R&D activities presents a multifaceted challenge. Companies must strike a delicate balance between investing in exploratory, collaborative endeavors and maintaining core research functions. This entails judiciously allocating financial, human, and time resources to both pursuits, ensuring that neither area is neglected. Moreover, it requires aligning resource allocation decisions with overarching innovation strategies and organizational priorities to maximize the impact of investments.
How do companies allocate resources between traditional R&D activities and open innovation initiatives? What criteria to use to prioritize investments in each area? What mechanisms or frameworks do companies have in place to ensure efficient resource allocation and coordination between teams working on open innovation and traditional R&D projects?
How we support you in your open innovation projects
We participate in the definition of our clients’ open innovation strategies, in the evaluation of existing processes, in their analysis in order to improve them, up to the operational implementation of open innovation approaches:
- Open innovation challenge implementation
- Crowdsourcing approach
- Setting up incubators
- Setting up labs, fab labs
- Search for co-development partners
Examples of open innovation projects carried out for our clients
Open innovation strategy definition in the pharma industry
Our client, an American pharmaceutical group, requested the support of our team to define their open innovation strategy in Europe in order to facilitate their collaboration with European start-ups and researchers.
After having studied the possible collaboration opportunities envisaged by our client (mainly focused on the search for new therapies and R&D techniques), our team carried out an initial mapping of the European hot spots and clusters in the biotech field. In a second step, we carried out a benchmark of the most innovative open innovation approaches implemented in Europe by other players, in healthcare and in other sectors.
Based on the information gathered during our investigations, we organized a workshop with our client’s team in order to co-construct together the best open innovation strategy to implement and define the main steps for its operational deployment.
Improvement of an innovation process towards more open innovation for a leader in the agri-food industry
We supported the R&D team of a leading player in the food industry in optimizing its innovation process to accelerate the marketing of its products. Our client had an innovation process very rich in ideas but internally focused and not very open to an external ecosystem.
This constraint generated many limitations, including slow idea characterization and feasibility checks. By conducting a benchmark of existing open innovation practices in the industry and leading a series of workshops with our client’s teams, we identified and implemented actions to use external partners at various stages of the innovation process in order to accelerate the different stages and thus the marketing of product innovations.
Comparative study of open innovation models for a public institution
We carried out a benchmark of open innovation practices and approaches in the industry in order to define the model for the future accelerator of a public institution.
Our team analyzed the open innovation practices of the most innovative industry players (Lego, IBM, P&G, Apple and Starbucks) and explored their strategies, approaches, methods, resources, partners in their ecosystems and business models.
The results of our study have inspired our client and facilitated the decisions to be made regarding the model of its future accelerator.
Comparative study of open innovation models for a public institution
We carried out a benchmark of open innovation practices and approaches in the industry in order to define the model of the future accelerator of a public institution.
To do so, our team analyzed the open innovation practices of the most innovative industry players in this area (Lego, IBM, P&G, Apple and Starbucks) and explored their strategies, approaches, methods, resources, partners in their ecosystems and business models.
The results of our study have been used in a workshop with our client in order to inspire teams and facilitate the decisions to be maderegarding the model of their future accelerator.
Rethinking the innovation process of a pharmaceutical company for more agility and open innovation
Our team assisted a pharmaceutical player who found that their innovation process was not enough agile and open towards the external world.
We first exchanged with our client’s teams to get a detailed understanding of what was working well and to identify the malfunctions of the initial process.
Then, we identified inspiring cases from industries outside healthcare but facing the same issues and we defined the guiding principles of the new process to be implemented. With this material, we organized a “Sprint” bringing together about twenty representatives from the various departments and functions involved in innovation, in order to co-build the new model following the precepts of Design Thinking.
Ultimately, this work enabled us to co-construct with our client’s teams their new innovation process, more focused, more agile and open to partners, allowing more disruption and empowerment of the teams!
Definition of an open innovation roadmap for a French dermo-cosmetic company
Our customer, a French dermo-cosmetic group, was looking for support in defining its open innovation roadmap in France, in order to generate innovative ideas for their R&D.
Firstly, we defined with our customer the strategic imperatives of the company in terms of products R&D and their specific needs for open innovation. Secondly, we collected both internal and external stakeholders’ vision in terms of relevant innovation methods for the company. Thirdly, we benchmarked the most innovative open innovation approaches implemented in Europe by other players in relevant sectors for the client.
Based on the information gathered during our investigations, we organized a one-day workshop with our client to co-build the best open innovation method to implement and define the operational roadmap for them.
Supporting a French medical device company in identifying and evaluating potential partners for open innovation
Our client, a French medical device company, considered bringing innovative products via open innovation as one of the main pillars of its R&D strategy. To do so, our client needed to rely on partnerships with both public and private institutions.
We supported our client to identify relevant partners for open innovation. Firstly, we detected the existing best practices internally within the existing similar partnerships. Secondly, we identified top academic players (hospital research teams) with capabilities in relevant therapeutic areas and digital technologies required by the customer. Thirdly, we characterized these players according to scientific criteria and their willingness / motivation to collaborate with our customer.
To help our client select the most pertinent partners, we defined the selection criteria and ranked the players accordingly. At the end, we recommended our customer the TOP 3 players for further direct discussion.
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Founded in 1993, Alcimed is an innovation and new business consulting firm, specializing in innovation driven sectors: life sciences (healthcare, biotech, agrifood), energy, environment, mobility, chemicals, materials, cosmetics, aeronautics, space and defence.
Our purpose? Helping both private and public decision-makers explore and develop their uncharted territories: new technologies, new offers, new geographies, possible futures, and new ways to innovate.
Located across eight offices around the world (France, Europe, Singapore and the United States), our team is made up of 220 highly-qualified, multicultural and passionate explorers, with a blended science/technology and business culture.
Our dream? To build a team of 1,000 explorers, to design tomorrow’s world hand in hand with our clients.
Open innovation is a concept that aims to accelerate innovation processes by encouraging companies to open up their innovation and R&D processes to seek ideas, technologies and solutions beyond their internal boundaries. Through competitions, hackathons, incubators, etc., open innovation encourages companies to look beyond their own resources and collaborate with external partners such as companies, universities, startups, customers, suppliers and independent individuals.
Open innovation is key to innovate as it :
- Expands the pool of ideas and resources available to organizations.
- Fosters creativity, accelerates idea generation, and enhances problem-solving capabilities, ultimately leading to more innovative products, services, and solutions.
- Enables organizations to adapt to rapidly changing market dynamics and stay ahead of competitors.
- Tap into a broader range of expertise, perspectives, and technologies by collaborating with external partners