Co-Innovation Platforms: A Playbook for Enabling Innovation and Ecosystem Growth

Your organization wants to increase the pace of innovation and ecosystem growth amidst resource constraints and has tasked you with establishing a governance model that facilitates problem solving. In this era of digital transformation, more and more organizations are creating innovation labs to accelerate growth of their ecosystem in order to share knowledge and speed delivery to customers. The Co-Innovation Playbook offers leaders new strategies to fast-track innovation and digital transformation initiatives. It proposes a Co-Innovation-as-a-Service model, which facilitates collaborative innovation among firms as well as value creation. With a platform's ability to foster relationships and new projects among unconnected partners, there is a need for an understanding of how to mobilize different partners and seed new growth paths, develop and support partnership contracts, and govern a portfolio of co-innovation partnerships. This book fills that need by highlighting the resources and capabilities necessary for orchestrating collaborative problem solving and the five activities critical to robust platform governance.
The authors use original cases, vignettes, and examples from their experience with SAP's Co-Innovation Lab to assist readers in putting the ideas into action. They also draw on interviews conducted with co-innovation project participants pursuing different types of projects and operating in variety industries or sectors. Providing insights from managers and executives to illustrate and underscore the direct and indirect benefits of engaging with a co-innovation platform, this book will guide you in how to develop a co-innovation platform and strategy.