Innovation Outsourcing - Boosting Innovation Success

Driven by the growing investments in the field, innovation outsourcing has been more and more transformed to a sourcing driven “Lowest-Bidder” approach,

selecting the cheapest service provider through a bidding process which frequently runs via a cloud-based platform. Innovation outsourcing is reduced to a simple business process of “quote-order- execute-pay”, treating the external services mainly as a commodity. 

 

As a result, service providers deliver exactly the commodity ordered and payed for by the client - and nothing else. Scientific challenges, creativity challenges and the selection of the best, the fastest or the most efficient way to move forward remain exclusively with the client. Keeping in mind the relevance of outsourcing for innovation success, this does not seem to be a helpful trend.

 

This is a preview of the next PERMANENTs Newsletter. Full downloadable PDF will soon be available here:

https://www.dr-henrich.com/publications/permanents/