Open Services Innovation: Rethinking Your Business to Grow and Compete in a New Era
January 2011, Jossey-Bass
"Whether you are managing a product or a service, your business needs to become more open and more inclusive in order to be more innovative. Open Services Innovation will be an invaluable guide to intrepid managers who commit to making that journey."
—GARY HAMEL, visiting professor, London Business School; director, Management Lab; and author, The Future of Management
"I tore out page after page to share with my leaders. Chesbrough has pioneered an entire rethink of business innovation that’s rich in concept, deeply explained, with tools ready to use in every industry."
—SCOTT COOK, founder and chairman of the executive committee, Intuit
"Focusing on core competence often tempts managers to keep continuing what succeeded in the past. A far more important question is what capabilities are critical in the future, and Chesbrough shows how to ask and answer these issues."
—CLAYTON CHRISTENSEN, Robert & Jane Cizik Professor of Business Administration, Harvard Business School, and author, The Innovator's Dilemma
"To thrive, businesses will need to master the lessons of open service innovation. Here is their one-stop guidebook with important lessons clearly and compellingly presented."
—JAMES C. SPOHRER, director, IBM University Programs World-Wide
"Open Innovation pioneer Henry Chesbrough breaks new ground with Open Services Innovation, a persuasive argument for the power of co-creation in the world of services."
—TOM KELLEY, general manager, IDEO, and author, The Ten Faces of Innovation, The Art of Innovation
"With his trademark style of beautifully explained examples, Henry Chesbrough shows how open service innovation and new business models can help you escape this product commodity trap and bring you to the next level of competition."
—ALEX OSTERWALDER, author, Business Model Generation
"Open Services Innovation shows how a business can redefine itself as a service organisation and tap into faster growth through shared innovation."
—SIR TERRY LEAHY, chief executive, Tesco
"Chesbrough shows how innovating openly with a services mindset can make you a market leader."
—CHARLENE LI, author, Open Leadership, and founder, Altimeter Group
Introduction: Open Services and Innovation 1
1 The Case for Open Services Innovation 7
Part 1: A Framework to Spur Innovation and Growth 29
2 Think of Your Business as a Services Business 31
3 Co-Create with Your Customers 53
4 Extend Services Innovation Outside Your Organization 68
5 Transform Your BusinessModel with Services 89
Part 2: Open Services Innovation in Practice 113
6 Open Services Innovation in Larger Companies 115
7 Open Services Innovation in Smaller Companies 133
8 Open Services Innovation for Services Businesses 155
9 Open Services Innovation in Emerging Economies 169
10 Open Services Innovation: The Way Forward 188
The Author 230
Open Services Innovation: Rethinking Your Business to Grow and Compete in a New Era. I’d be happy to send you a copy and/or help set up a time for you to chat with Prof. Chesbrough.
Prof. Chesbrough originated the term open innovation, is executive director of the Center for Open Innovation at UC Berkeley’s Haas School of Business and co-founder of the Open Innovation Community website. Building upon his research and previous three books on open innovation, he shows how open innovation can transform product- and technology-based companies into more customer-focused, differentiated, and sustainable service and solution businesses.
Prof. Chesbrough explains how open services innovation – which allows a company’s unused internal ideas to be taken to market by external partners – helps U.S. companies remain competitive in the global economy by delivering improved choices for customers and better economics for corporations.
Furthermore, he asserts that fiscal policy alone cannot create the necessary conditions for innovation in the services sector; it is the responsibility of individual companies to rediscover growth and innovation by running experiments, taking risks, making investments and harvesting the results.
I’ve included a few links below which provide further information on the book and the concept. Please let me know if you are interested in receiving a review copy or would like to speak with author Henry Chesborough.