Open Innovation would work for Educators of Beauty. Educators of Beauty schools could could currently benefit and their future business could benefit from open innovative business practices. The cosmetology profession operates on professional and consumer knowledge. The professionals of the industry rely on the consumers reactions to their actions. Educators of Beauty’s internal business practices and operations will depend on how well feedback received from the external source. The external source being the community. The community consists of the clients, students teachers, collaborating product brands, and in Educators of Beauty case the Illinois Department of Professional Regulations. It takes a collection of knowledge to maintain the success of the beauty school.
The school is currently using open innovative techniques. Educator of Beauty promotes a positive atmosphere to educate, motivate, and prepare students for a career in the cosmetology industry. They promote education and quality salon services. They conduct business based on the needs and wants of the consumers. This is open innovation. Their company values feedback and is open to the innovative changes in the industry. It would be hard not to use open innovation as a cosmetology school. The consumers are a huge part of the company success.
Mitra,J. (2017). The Business of Innovation. ISBN: 978-1-4462-1080-2