Open innovation

1. Evaluate the effectiveness of their strategies:
   Create a table with the five nonfinancial results of that open innovation and compare the open innovation model used. “Checking the companies' non-financial results to support your analysis.” (200 words for each Xero and Fonterra in New Zealand) (8 Marks)
2. Create a table of 10 financial performance from Open Innovation and compare the open innovation model used. “Checking the companies' financial results to support your analysis.” (450 words for each Xero and Fonterra in New Zealand) (16 Marks)
3. Summarize and compare the results in a table showing the main elements discovered (100 words total) (4 Marks)

Question 1
Evaluate the effectiveness of their strategies: By comparing organization practices with reference to the literature of open innovation and strategic innovation theory. (200 words for each company): 3.0 pts 8.0 pts
(Excellent. Effectiveness of the strategy is based on a table comparing the elements of the open innovation strategy with the non-financial outcomes resulting from such innovation strategy. At least 5 non-financial indicators have been presented. 8-7 Marks)

Question 2
Evaluate the effectiveness of their strategies: Checking the companies’ financial results to support the analysis. (450 words for each company): 4.0 pts 16.0 pts
(Excellent. Effectiveness of the strategy is based on a table comparing the elements of the open innovation strategy with the financial outcomes resulting from such innovation strategy. At least 10 financial indicators have been presented. 16-12 Marks)

Question 3
Summarize and compare the results in a table showing the main elements discovered. (100 words total): 1.0 pts 4.0 pts
(Excellent. A table comparing the two companies presenting the non-financial and the financial results is presented. 4-3 Marks)

Sample Solution