Collaboration and Openness Business Model ...

In continuation with previous post on collaboration and openness, IBM releases study that supports the business model for transparency and collaboration to drive innovation and, ultimately, revenue growth. ...

... "In terms of how to drive innovation, the study found that 76% of CEOs ranked business partner and customer collaboration as top sources for new ideas. This greatly contrasts with internal R&D, which ranked eighth as a source for new ideas -- cited by only 14% of CEOs. Despite the value they place on collaboration, many CEOs are still in the planning stage. While 76% of CEOs say that collaboration is critical, 51% say their organizations currently collaborate extensively. Interestingly, this is exaggerated in emerging markets, where 73% are collaborating, compared to 47% in mature markets. The study also suggests a link between collaboration and financial performance. " ...

Collaboration and Openness Business Model: Via IBM: Majority of Global CEOs Plan Fundamental Change and Expect New Forms of Innovation to Drive Growth, According to IBM Study ...