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Leading Open Innovation$
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Anne Sigismund Huff, Kathrin M. Moslein, and Ralf Reichwald

Print publication date: 2013

Print ISBN-13: 9780262018494

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262018494.001.0001

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The Need for Speed: Fostering Strategic Agility for Renewed Growth

The Need for Speed: Fostering Strategic Agility for Renewed Growth

Chapter:
(p.35) 3 The Need for Speed: Fostering Strategic Agility for Renewed Growth
Source:
Leading Open Innovation
Author(s):

Yves Doz

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262018494.003.0045

This chapter discusses the results of a study on open innovation projects in six information technology (IT) companies. The findings indicate that actions that sustain growth and high performance of leading IT firms create rigidities over time that require strategic processes to be decentralized, distributed, internally participative and externally open. The result also suggests that strategic agility results from strategic sensitivity and that it needs to be combined with resource fluidity as well as leadership unity in order to maximize the benefits of OI projects.

Keywords:   open innovation, IT companies, corporate growth, rigidities, strategic processes, strategic agility, strategic sensitivity, resource fluidity, leadership unity

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