![]() Executive Summary Reprint: R1106C In the early 2000s, faced with an alarming gap between its growth goals and what its innovation pipeline was delivering, Procter & Gamble created a “new-growth factory”—a network of novel structures and capabilities to rapidly shepherd new products and even business models from inception to market. The resulting innovations range from a 33-cent razor for customers in emerging economies to Tide Dry Cleaners—establishments with drive-through windows and 24-hour drop-off and pickup. Brown, who is P&G’s chief technology officer, and Anthony describe the factory’s components and practices: new-business-creation groups, entrepreneurial “guides” to help them, an innovation manual, a disruptive-innovation “college,” and more. They also offer six lessons for leaders seeking to set up new-growth factories of their own. Although the factory is still ramping up, its early successes suggest that collective creativity can be managed—and can generate sustainable sources of revenue growth no matter how big a company becomes. ARTWORK: JOSEF SCHULZ,FORM #1,2001, C-PRINT, 120 X 160 CM Back in 2000 the prospects for Procter & Gamble’s Tide, the biggest brand in the company’s fabric and household care division, seemed limited. ![]() Preferred Experience in promoting disease management or drug cost managementprograms preferred Travel This position requires Pharmacist; Clinical Program Manager - Springfield, MO If you're interested in a career within a customer-focused, team- Ohio Heartland Community Action Commission Logo 2.0. VLADO'S HEALTHi WEALTHi. The HealthPointe 2.0 program will teach you clear easy-to-live-with terms, the hows & whys of effective health & weight management. Lose & maintain weight & increase your optimal health in an easy to follow, inexpensive & non-invasive program. Free consultation: 90 day money back. The laundry detergent had been around for more than 50 years and still dominated its core markets, but it was no longer growing fast enough to support P&G’s needs. A decade later Tide’s revenues have nearly doubled, helping push annual division revenues from $12 billion to almost $24 billion. The brand is surging in emerging markets, and its iconic bull’s-eye logo is turning up on an array of new products and even new businesses, from instant clothes fresheners to neighborhood dry cleaners. This isn’t accidental. It’s the result of a strategic effort by P&G over the past decade to systematize innovation and growth. To understand P&G’s strategy, we need to go back more than a century to the sources of its inspiration—Thomas Edison and Henry Ford. In the 1870s Edison created the world’s first industrial research lab, Menlo Park, which gave rise to the technologies behind the modern electric-power and motion-picture industries. Under his inspired direction, the lab churned out ideas; Edison himself ultimately held more than 1,000 patents. Edison of course understood the importance of mass production, but it was his friend Henry Ford who, decades later, perfected it. In 1910 the Ford Motor Company shifted the production of its famous Model T from the Piquette Avenue Plant, in Detroit, to its new Highland Park complex nearby. Although the assembly line wasn’t a novel concept, Highland Park showed what it was capable of: In four years Ford slashed the time required to build a car from more than 12 hours to just 93 minutes. How could P&G marry the creativity of Edison’s lab with the speed and reliability of Ford’s factory? The answer its leaders devised, a “new-growth factory,” is still ramping up. We should all be happy that the negative chracters in TNS serials have a non kannada name.. Thats his edge for not hurting any kannada sirname with a negative tinge.. As a serial with acute popularity and a media that affects so many people tns has to be sure not to mess with name........ Shambhavi is upset because. Jun 22, 2013 - 5 min - Uploaded by Av ViETV Kannada Mega Serial - Muktha Muktha Vidya Sai as Vidyulatha, in a lead role in T N. The serial created a legal awareness among the Karnataka citizens. A prolific writer of Karnataka region Sudha Narayana Murthy was in the cast as an actor in the serial. In initial stages of the telecast, the serial was just named as 'Muktha', but later when the serial was started with a new name 'Muktha Muktha' that involved. Mukta Mukta Kannada Serial in 'ETV Kannada' Channel. Muktha kannada serial cast. Muktha was a serial telecasted in the Kannada language on ETV Kannada. It was directed by T.N. Seetharam, who also acted as a lawyer (as CSP) in the serial. The director aimed to inspire civic awareness and action with stories depicting the fight for justice even against all kinds of bureaucratic and political. Healthpointe 2 0 Program ProjectBut already it has helped the company strengthen both its core businesses and its ability to capture innovative new-growth opportunities. P&G’s efforts to systematize the serendipity that so often sparks new-business creation carry important lessons for leaders faced with shrinking product life cycles and increasing global competition. Laying the Foundation Innovation has long been the backbone of P&G’s growth. Healthpointe 2 0 Program ProblemsAs chairman, president, and CEO Bob McDonald notes, “We know from our history that while promotions may win quarters, innovation wins decades.” The company spends nearly $2 billion annually on R&D—roughly 50% more than its closest competitor, and more than most other competitors combined. Each year it invests at least another $400 million in foundational consumer research to discover opportunities for innovation, conducting some 20,000 studies involving more than 5 million consumers in nearly 100 countries. Odds are that as you’re reading this, P&G researchers are in a store somewhere observing shoppers, or even in a consumer’s home. These investments are necessary but not sufficient to achieve P&G’s innovation goals. “People will innovate for financial gain or for competitive advantage, but this can be self-limiting,” McDonald says.
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