Globalization of companies has created enormous pressure on the existing players in the global markets. This is a very dangerous situation because if any company fails it will have a devastating effect on the global economy. In order to stay competitive companies need to use their strength to attract new customers from other markets and form alliances with strategic partners that can provide the necessary technology, personnel and financial resources to form new alliances.
This strategy requires a lot of research to find out potential open innovation communities and alliances. For example in China they are very big on technology transfer but are not very good at providing on-shore outsourcing. So what do they do? Well they form an alliance with other companies who have access to the right technologies, people and funding to help them develop their business further.
This is exactly what you should do if you really want to take my globalization open innovation and crowdsourcing strategy to a higher level. Start by looking for companies that are already popular with outsourcing providers in your area and take them to an alliance. The benefits are that these companies will leverage your unique expertise to help them develop their technology or services while giving you access to their users.
If you are starting out on the Internet you might not have a lot of exposure. You may find it difficult to secure enough capital to start up a site and hire employees. You may even be uncertain about your product or service. This is where it makes sense to partner with someone who has the experience you are lacking in order to take my globalization open innovation and crowdsourcing to the next level. Partner with these companies who are already established but who are now taking my concept global by providing assistance with the tools needed to promote your ideas.
You can also tap into a community of innovators. These companies typically work together as a team. They are able to pool their resources and make investments together. In this way they can take my globalization open innovation and crowdsourcing to the next level. You can help them build their teams and make their businesses more profitable.
If you want to take my globalization open innovation and crowdsourcing to the next level then you need to think about creating an online presence that is consistent with your business goals. This means that you should have an aggressive website, a blog, a presence on social media, and more. You may even want to consider setting up an accelerator for your idea. This will provide seed funding for your business that never has to be paid back. You can also consider taking your idea global by applying for grants for high impact projects.
There are many ways to take my globalization open innovation and crowdsourcing to the next level. When it comes to marketing your new ideas, it is important to stay focused and to not get sidetracked. A good idea for this is to start with a blog or a website and then take the next step by launching an accelerator program that helps to grow your business. This could help you to take my globalization innovation and crowdsourcing to the next level. In fact it may just inspire more people to start their businesses and make globalization work for them.