Does Open Innovation result in quality ideas?

Often, employees may have negative attitudes around open innovation because they don’t understand the positive impact it can have on their company. While not all ideas will be high quality, utilizing the ideas of others can legitimately expose your company to new solutions that work better and represent market trends better than anything you could have created internally. It only needs one good idea among a hundred to make it worth the effort.

If your organization feels skeptical of open innovation, try sharing stories of other companies that have found successful solutions or developed new products with the help of Open Innovation. If other bigger companies are successfully implementing these processes, why would you have a hard time in your own company? Spread the good things that Open Innovation can bring, as well as the pitfalls.