NZ Knowledge Management Network

Submitted by crispin.garden-... on 28 January 2010 - 9:37am.

• Communities of Practice

This McKinsey article proposes that open innovation is transforming the way companies develop new products, with benefit realisation around exposing internal R&D to outside ideas. It describes how some organisations are applying open-source thinking to improve a range of core business processes. Organisations are adopting the practice of 'knowledge brokering', a systematic approach to seeking external ideas from people in a variety of industries, disciplines, and contexts and then of combining the resulting lessons in new ways.

The Article takes a closer look at the way organisations use knowledge brokering to improve their business processes, offering practical lessons for adapting to a digital era characterised by increased collaboration.

https://www.mckinseyquarterly.com/Strategy/Innovation/Using_knowledge_brokering_to_improve_business_processes_2512