Tag Archives: growth

How to Create a Culture to Capitalize on Innovation

Creating a Commercialization Culture A presentation by Jay Morgan, VP Global Innovation Bayer Consumer Care given at the back end of Innovation Conference, October, 2015. Jay Morgan shared his story of how Merck Consumer Care (now Bayer Consumer Care) began its innovation journey. The story takes place in Memphis, TN. It begins in 2011. It began with struggle and a ...

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Revenue Model Innovation Exercise

One generative exercise for any CPG company to explore growing market share is to hold a session where a team role plays a wide array of alternative revenue models for a particular brand. As far as the ground rules for this ideation session, any ideas should be welcomed—and the cultural antibodies of HOW WE HAVE ALWAYS DONE THINGS need to ...

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4 Ways to Create Talent Gravity and Get the Best People

“There’s no lack of talent out there; the key is creating gravity that draws talent to you.” Few companies aren’t envious of the incredible talent gravity that Google, Facebook, and Apple exert. Companies in these enviable situations literally have talent knocking down their doors. So how can you possibly compete? After all, you don’t have the expansive campus and the ...

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Lego’s Innovation Lessons

Lego's Innovation Lessons - Innovation Excellence

In strange and disappointing news, Lego announced that it was facing dire sales projections, with growth slowing from over 25% per year to low single digits. Strange, when just a few years ago Lego was on top of the world, with great new toys, Lego kits, Lego Robots and the Lego movies.

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Don’t Forget to Plan Your Exit

Simple question for you. What are your ambitions for your business? Simple, right? Why then do so many entrepreneurs and leaders of growing business have such a tough time answering it? It's always the first question I ask of the leaders I work with. Most often the response feels as though it hasn't been thought out; never even been considered. I usually get ...

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Building a Culture that Thrives on Innovation Agility

Innovation Excellence

We are living in an age of disruption, where changes are accelerating making innovation a strategic and systemic necessity and competitive lever to ensure your organization's survival and sustainability. Living now in what Daniel Pink describes as “The Conceptual Age” our attention needs to be on both enhancing creativity, agility and in developing customer empathy.

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