Whilst Open Innovation seems to be a buzzword these days in Organizations very few organizations have been able to successfully harness its utility constantly. This, I believe, is because of the varied needs which every organization has, hence, there is no universal fit-in-all tailored solution. Leaders and Top Management need to take notice and critically understand the relevant OI strategies they need to adopt. With my experience in Innovation Management and Practices I can offer my perspective of how could one go about deploying a relevant goal oriented strategy.