Today’s public and private sector organizations face an extraordinary situation: although their budgets are declining, the expectation that they can and should do more is actually increasing. This growing gap between resources and expectations comes at a time when organizations’ missions and business issues are becoming more complex than ever.
Booz Allen Hamilton believes one way to close the gap—and resolve the difficult issues—is through open innovation. By increasing the diversity and volume of thought and applying those insights to real-world challenges, organizations can identify new ideas or concepts to achieve levels of performance and mission success that may otherwise be out of reach.