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“Finally! A book that lays out a thorough yet workable path to collaborative innovation! With a highly readable style and using great examples, Frederich and Andrews describe the process by which IBM makes collaborative innovation work from a process, company, and customer standpoint. By following the guidelines in this book, those with aspirations of collaborative innovation can learn from the lessons of IBM and maximize their probability of success. A+!”
–Gregory S. Dawson, Ph.D., Assistant Professor at W.P. Carey School of Business at Arizona State University and former Partner at PricewaterhouseCoopers
“Innovation Passport goes directly to the heart of how companies can speed up the transition from research to revenue. This book’s combination of insight and actionable detail–derived over a dozen years–provides a roadmap for companies to accelerate the commercialization of ideas and technologies. Moreover, this best practice is based on collaboration with external partners, an approach that is even more critical given strained economic times.”
–Keith O’Brien, VP, Best Practices Research, Frost & Sullivan
Get Inside IBM’s Breakthrough FOAK Program for Delivering Profitable Innovation!
How can you promote innovation that delivers real, profitable business value–again and again, year after year? For 14 years, IBM’s FOAK program has done just that. In Innovation Passport, FOAK’s leaders share the powerful lessons they’ve learned. Through actual project examples, you’ll discover how to craft more effective processes for making innovation happen...encourage collaboration...manage innovation portfolios...protect intellectual property...and systematically improve the chances of marketplace adoption. Whatever your role in innovation, this book will help you do it better, faster, and more profitably.
Foreword xv
Preface xvii
Acknowledgments xxi
About the Authors xxiii
Introduction 2
Chapter 1: A Program That Works 8
Chapter 2: The FOAK Process: Phase I 24
Chapter 3: How Ideas Take Shape 42
Chapter 4: Getting the Most out of Partnerships 59
Chapter 5: Choosing the Best Projects 85
Chapter 6: The FOAK Process: Phases II and III 102
Chapter 7: Clarifying Project Plans 121
Chapter 8: Ensuring the Work Gets Done 135
Chapter 9: Telling the Story: IBM's Industry Solutions Labs 155
Chapter 10: Portfolio Management 176
Chapter 11: Contracts and Intellectual Property 192
Chapter 12: A Guide for Creating Innovative Programs 206
Chapter 13: The Future of Collaborative Innovation 223
Afterword 240
Appendix: FOAK Process Overview 244
Index 251