Context
We transformed a leading mineral supplier’s approach to innovation by helping them transition from a siloed R&D model to a comprehensive open innovation strategy. The company had been engaging with startups through isolated business units, which limited their potential for collaboration and growth. Our team was tasked with structuring a future Open Innovation department, identifying the appropriate vehicles for engagement, and determining how to organize them effectively. Through tailored workshops and our proprietary methodology, we guided the strategy team in clarifying their innovation objectives and developing a robust portfolio of initiatives.
Mission
- Carried out an audit on their knowledge of the different vehicles available at hand
- Definition of the objectives of the future open innovation department in line with the group’s strategy
- Evaluation of the different vehicles to meet these objectives
- Selection of 5 complementary vehicles to form a portfolio
- Definition of a ramp-up roadmap (walk, run, fly) for the deployment of these vehicles and associated human resources
- Support in the design of the future governance
Key figures
5
open innovation vehicles
were recommended to make up the client’s portfolio.
30
benchmarks
were conducted to grasp a better understanding of competitors’ open innovation vehicles.
3
workshops
were organized to co-construct the client’s open innovation strategy, roadmap and next steps.
