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Accelerating Open Innovation

Driving Collaborative Innovation to Gain Sustainable Competitive Advantage

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Why Choose Us

The Accelerating Open Innovation training course equips organisations to replace closed innovation models with collaborative approaches that deliver faster, more sustainable outcomes. As competitive pressure grows and knowledge becomes increasingly distributed, effective cooperation with external partners is essential for remaining ahead. It examines collaboration with universities, research institutions, technology centres and industry partners as external creators of knowledge. Participants receive a practical, strategic framework for adopting open innovation while preserving internal strengths and strategic control.

Participants will understand the cultural move from siloed thinking and secrecy towards transparency, shared value and co-creation. Real-world examples and structured learning show how integrating internal teams with external knowledge sources can prevent organisations from reinventing existing solutions. Participants learn to use external expertise to accelerate innovation cycles while strengthening internal innovation through knowledge creation unavailable from outside sources. The course also provides practical tools for developing positive, productive partner relationships and embedding open innovation within organisational culture.

This Accelerating Open Innovation training course will highlight:
  • Adopting collaborative approaches beyond traditional closed innovation models
  • Collaborating with universities, research institutions, technology centres and industry partners
  • Moving from siloed thinking and secrecy towards transparency, shared value and co-creation
  • Integrating internal teams with external knowledge sources while retaining strategic control
  • Leveraging external expertise while strengthening knowledge creation that cannot be sourced externally
  • Building productive external relationships and embedding open innovation within organisational culture
Why Choose Accelerating Open Innovation
Course Goals

What are the Goals?

This Accelerating Open Innovation Training Course is designed to build the knowledge, abilities, and mindset needed to implement open innovation practices successfully within an organisation. It emphasises developing the strategic insight and practical competence required to manage collaboration across organisational boundaries.

Upon completing this training course, participants will be able to:

  • Use the fundamental principles of open innovation in actual organisational settings
  • Explain the value and advantages of open innovation clearly to stakeholders
  • Recognise and manage the main challenges linked to open innovation initiatives
  • Develop and maintain a corporate mindset that encourages openness and collaboration
  • Speed up open innovation activities by using structured approaches and frameworks
  • Effectively combine internal innovation efforts with external sources of knowledge
  • Help innovation teams move beyond duplicated work and inefficiencies

These objectives ensure that participants can confidently lead and support open innovation initiatives that produce measurable business impact.

Who is this Training Course for?

This Accelerating Open Innovation training course is designed for:

  • Innovation Directors
  • Chief Innovation Officers
  • Innovation Managers
  • Research and Development Directors
  • Research and Development Managers
  • Strategy Directors
  • Corporate Strategy Managers
  • Business Development Directors
  • Product Development Managers
  • Technology Transfer Managers
  • Open Innovation Programme Managers
  • Innovation Consultants
Learning Approach

How will this Training Course be Presented?

The Wallstreet Development Academy Accelerating Open Innovation Training Course uses a highly practical and interactive learning method to promote active engagement and lasting knowledge retention. It integrates theoretical concepts with real-world application to facilitate meaningful learning outcomes.

Participants will take part in:

  • Presentations delivered by experts and complemented by clear, engaging media slides
  • Case studies demonstrating successful open innovation approaches across different industries
  • Video examples showing innovation and collaboration in practice
  • Insights and articles from universities and businesses to inform discussion
  • Interactive exercises and group discussions that promote knowledge sharing
  • Opportunities to undertake reflective practice and structured planning for improvement

The training course ends with participants developing practical action plans for direct application within their organisations, helping to secure enduring value beyond the classroom.

The Course Content

Traditional Closed Innovation

  • How our thinking works in respect of creativity and innovation
  • Difference between vertical and lateral approaches; what are the benefits and weaknesses
  • Methods of testing ideas for practicality and relevance
  • Apply the more fluid style to the left and right hemispheres of the brain
  • Recognise and cope with obstacles to creativity in the mind, in approach and in the working environment
  • Understand the limitations and applications of conventional problem solving

What is Open Innovation?

  • What is open innovation
  • How open innovation came to be
  • Open vs closed innovation
  • Type of open innovation
  • Examples of open innovation
  • Practical takeaways from the examples

Benefits, Challenges and Methods

  • Benefits of open innovation
  • Challenges of open innovation
  • How is open innovation done? - Methods of doing open innovation
  • Open innovation method framework
  • Open innovation methods
  • Choosing the right method

Accelerating Open Innovation

  • Picking your goals
  • Choosing the appropriate audience
  • Building co-operation, key stakeholders and potential collaborators
  • Selecting partners and forming business relationships
  • How to measure compatibility and partner fit
  • Planning and executing strategic pilots

Communicating Open Innovation

  • The Dynamics of Change – Psychological and Physical Cycle
  • Dealing with the Psychological Impact of Change
  • How to Motivate and Inspire Performance
  • Communicating the Innovative Changes in a Positive Manner
  • Communicating the “Burning Platform” Message of Change
  • Building a culture of Open Innovation
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Frequently Asked Questions

The course focuses on accelerating open innovation through collaborative approaches. It examines innovation as a way to work with others rather than relying only on internal efforts. The overall aim is to support sustainable competitive advantage.
The course presents collaboration as a central part of open innovation. Its focus is on driving innovation by engaging beyond isolated internal activity. This collaborative emphasis is linked to gaining sustainable competitive advantage.
The course is relevant to professionals interested in open innovation, collaborative innovation and competitive advantage. It may suit people seeking to understand how collaboration can contribute to innovation efforts. Specific job roles, industries or experience requirements are not stated in the available course information.
Sustainable competitive advantage is the stated strategic goal of the course. The course links that goal to collaborative innovation and the acceleration of open innovation. It therefore treats innovation as a contributor to longer-term competitive positioning rather than as an isolated activity.
You will learn about the relationship between open innovation, collaboration and competitive advantage. The course considers how collaborative innovation can be accelerated to support organisational goals. Specific frameworks, tools and agenda topics are not provided in the available course information.
The main business outcome is sustainable competitive advantage. The course connects this outcome with faster open innovation and stronger collaborative innovation. It does not claim a specific financial or operational result.
The course aims to build understanding of how to accelerate open innovation and drive innovation collaboratively. It also develops awareness of how these activities can support sustainable competitive advantage. The available information does not identify specific technical tools or methods taught.
The available course information does not name any specific frameworks, tools or methodologies. It establishes a broader focus on accelerating open innovation through collaboration. No further detail about the curriculum or daily agenda is provided.