Ademola Adewusi

The Sony India case study was a great read! Growing up watching a lot of Bollywood movies, I can attest that the films were often music-oriented, making them a two-in-one bundle of entertainment. Oh, the choreographies were superb, too!

The launch of the hit song “Kolaveri Di” was truly an ingenious concept. The song is still generating views…[Read more]

Prior to the beginning of this course, I had looked forward to the “hands-on” aspect of IT such as the Learn IT! Assignments we completed. In contrast, I ended up learning that IT entails a lot more than that. It’s about the aggregate picture: Innovation, marketing, management, responsiveness, vision, strategic planning, and many more. IT in…[Read more]

Excellent post !

Efficiency is a word that rings bell to me. It is an ideal that I have warmly embraced both at work and in personal life. And technology is in the center of it.

* fast-forward*

Note to self, five years forward:
Information Technology (IT) is essentially about the BIG PICTURE: innovation, marketing, management, responsiveness, vision, strategic planning, and many more. IT infrastructure should be conceived at the same time a business idea is conceived. It should also be carried along every business initiative, and never…[Read more]

Jenica, I sort of wish but I currently reside in Ohio.

I agree that Radiohead employed a very unique strategy to get their album “In Rainbows” out there and it appears to have worked well for them. However, I maintain that such marketing strategy isn’t popular enough to negatively affect other artistes. As a matter of fact, I am unaware of any other artistes who have used such strategy.

Although the traditional publishing system has been disrupted by innovation and technology, I still oppose the notion that the age of agents and publishers is dead. There are dynamic and giant publishers with extraordinary infrastructure to support an author’s work that would be unavailable otherwise. For instance, e-books which sometimes come w…[Read more]

I agree. LinkedIn has evolved to be a dynamic professional tool, depending on what one is looking for.

Interesting post, Jenica!

I love cycling as well and I’m looking forward to getting a new bike this summer. Your cycling group is truly is a community of practice with informative and fun dynamics to it. I have never been in a cycling group so hopefully I’ll find one that matches my interests soon.

Cycling is great form of exercise.

I belong to several communities of practice though I haven’t been active in some of them due to my busy schedule nowadays. One of these groups is Global Accounting Professionals, a LinkedIn-based group primarily for accounting/financial professionals where current topics and best professional practices in the industry are discussed. Also, a w…[Read more]

Brilliant post, Eric!

I can definitely relate to your volunteer experience for i was recently in a similar situation. Mine was more of an intra-departmental open innovation, though not officially defined as such. I designed and led a project outside of my job description due to certain skills that were not being utilized in my actual job.…[Read more]

Great points, Steve !

Whether or not open innovation works for a company truly depends on the factors you listed above. In addition, even if leadership philosophy supports the idea, it has to be widely embraced by the constituents before it can be functional and effective. Competition in another huge point you mentioned, open innovation tends…[Read more]

Pros:
• Transfer of knowledge and skills among various business units.
• Lowered R&D costs: Amount spent on contests and rewards may be deemed substantially lower than the actual R&D cost that would have been incurred otherwise.
• Openness to novel ideas: Enabling external participants will definitely broaden the horizons of ingenious conce…[Read more]

If you were in charge of open innovation at Siemens, what metrics would you use to measure your success?

I would start by drawing my response from the last section of the case study: The Future of Open Innovation at Siemens. Luetke-Entrup, Head of Technology & Innovation Management at CT, inquired about determining an ROI (Return on…[Read more]

http://pitchfork.com/news/33749-radioheads-in-rainbows-successes-revealed/

I apologize for the link above, it was meant for my own post.

http://pitchfork.com/news/33749-radioheads-in-rainbows-successes-revealed/

I agree with you on the cost-reduction factor. Digital media is more physically and financially convenient for both the record labels and the consumers than the conventional physical means. Nowadays, there’s no need for a whole building in order to run a record company, a space as moderate as one bedroom apartment is big enough for any nature of…[Read more]

From the perceptive of record labels, the main advantage of digital media over physical media is cost-saving. Physical record label is becoming less lucrative for record companies because certain fixed and variable costs associated with music production (rent, manufacturing and packaging costs, employee salary, etc.,) are in evitable regardless of…[Read more]