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NineSigma Declares "Innovate or Die" Is the Mantra for Business Success
Date:8/13/2011

diness assessment that helps organizations determine what resources and capabilities they need to begin adopting Open Innovation and collaboration strategies. The online tool evaluates and "scores" a company's ability to collaborate internally and externally on innovation and provides actionable recommendations on how to advance the organization's innovation program.

In a survey to take the pulse of companies' general readiness sponsored by NineSigma, a large percentage (71 percent) not surprisingly rank as 'Early Stage' in their global outreach efforts. What is surprising, though, is that companies say they are doing better in integrating ideas and solutions from the global innovation community than from their existing network of partners, and even within their own company. Clearly companies are heading towards increased collaboration in their innovation programs, but there is still work to be done to create a foundation that supports collaboration on a sustainable basis.

For more information or to evaluate your organization's readiness, please visit http://www.ninesigma.com/oiscorecard.aspx. We also invite you to join our community on LinkedIn at http://linkd.in/NineSigma to learn more about how to use Open Innovation in your organization.

About NineSigma

NineSigma engages organizations with external innovation resources and enables them to share knowledge to accelerate the innovation cycle, whether they are in the private, public, or social sectors. Their proprietary and collaborative process has produced billions of dollars in tangible value. Companies such as Kraft, Philips, L'Oreal, Unilever, Denso and Suntory utilize NineSigma's Open Innovation services to solve immediate challenges, fill product pipelines, integrate new knowledge into their organizations, close development gaps, and improve financial performance. NineSigma h
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