If you open your organization to ideas from outside then you need to be agile and people who have the soft skills of emotional intelligence
Also the org should be accepting on your ideas, they should be willing to seek your ideas, and well even if you fail you should understand that failures are opportunities to learn as well as willingness to help employees to build the knowledge and understanding of how an idea or technology becomes a profitable business as well as the willingness to be a risk taker rather than being risk averse. Accepting that open innovation does raise intellectual property issues. Your legal team can choose to either play offense or defense. Hopefully, they'll adopt a constructive approach that supports progress toward the company's business development goals.
One must-have component of a strong innovation culture is a strong networking culture. To thrive in an innovation environment that becomes increasingly open and externally oriented, people throughout your organization need to be capable of building and sustaining relationships both internally and externally.
Innovation effectiveness is becoming more of a science. Effectiveness is rising as we learn more about what works, and what doesn’t, at the macro level.
The participation level also matters, the degree of intelligence as well as the quality of ideas that you put in after implementation whether they get successful or not as well as the effectiveness of the solution for the same!
As open innovation becomes more prevalent, the functional, divisional, or matrix organizational structures we know today will change. Perhaps they might even break down altogether. What will replace them is unclear, but new systems will be a clear side effect of these types of initiatives.
The key to managing open innovation initiatives successfully is to be flexible enough to deal with issues as they arise. Have you experienced other side effects
