2019FBIC Breakthrough Innovation Kelly Duffin
2020-03-01 119浏览
- 1.BREAKTHROUGH INNOVATION Food Innovation Design LLC
- 2.1 What is Breakthrough Innovation? 4 How to decide where to Play? 2 Why is it so hard for Food Giants? 5 How can you WIN? 3 How to identify BI? 6 Turning it all into action Food Innovation Design LLC 2
- 3.WHAT IS BREAKTHROUGH INNOVATION? Breakthrough Innovation Size of Prize • New to the world or new to your company • Product or service Breakthrough Innovation • New capability Brand/ Product Adjacency • Changes the ‘rules of the game’ • High reward / High risk Line Extensions Risk Food Innovation Design LLC 3
- 4.WHY IS BREAKTHROUGH INNOVATION SO HARD AT FOOD GIANTS? Shear size > $500 MM Food Innovation Design LLC Requires change & new capability Most food giants are public companies 4 Requires positive ROI 3-5 years Risk adverse culture
- 5.BREAKTHROUGH INNOVATION PROCESS 1 Develop Insights 2 Generate Ideas 3 Cluster Ideas into Platforms 4 Elaborate & Finalize Platforms PlatformName:'>Name:
