FEI 2010: Feb. 8, 2010 Sam Saguy Helmut Traitler – Nestlé and Sam Saguy – Hebrew University of Jerusalem [email_address] and Brigit Coleman – swissnex San Francisco www.swissnex.org Sharing-is-Winning Paradigm for Reinventing R&D in Open Innovation Culture
A strategic decision and a paradigm shift was required.
In novation P artnerships ( INP ) created (2006).
Integration ( bigger, bolder, faster execution and implementation ).
FEI 2010: Feb. 8, 2010 Sam Saguy
Nestlé Innovation Partnerships ( Traitler and Saguy, 2009) FEI 2010: Feb. 8, 2010 Sam Saguy Development stage Early Mature Focus Benefit Areas Business Needs Mid INP with Universities, Medical Centers & Start-Ups Monetary contributions Products Venture capital INP with SMEs & Inventors In-kind contributions (expert ressources) INP with Key Suppliers
Results from collaborations with these innovation partners contributed more than $200 million in new businesses by the end of 2008.
Typical example: Nestlé- DuPont FEI 2010: Feb. 8, 2010 Sam Saguy Solllys® soy-based products a co-development with an innovation partnership
Nestlé USA – DSM & Cognis: Glowelle Beauty Drink FEI 2010: Feb. 8, 2010 Sam Saguy Glowelle - The ultimate beauty drink dietary supplement sold at high end US retail (Bergdorf Goodman, Neiman Marcus). Contains : antioxidants, vitamins, botanical & fruit extracts (cocoa, apple, grape seed, maritime pine bark, goji berry and white tea ) . Beauty from within – a new category
swissnex San Francisco Sharing is Winning: Innovation Partnerships with external networks. Birgit Coleman Initiative of the State Secretariat for Education and Research SER Annex of the Consulate General. Swiss Knowledge Network with outposts in Boston, San Francisco, Shanghai and Singapore
Novel collaborations for a fast moving consumer goods industry:
Global swissnex network, www.swissnex.org as a match-maker to players across industries and disciplines
Doing business as ‘unusual’ - Partnerships with:
unusual technology partners
e- and retailers
Examples for the ‘Sharing is Winning’ Paradigm
Nestlé moves among Top 50 ranks of “Top global 50 most innovative companies” thanks to its dynamic interactions with its global partners.
Nestlé shares with media trickle-up innovation stories.
Nestlé shares best practices and challenges among peers at public & private roundtable discussions such as:
What is the Future of Doing Business? – How to innovate Business with a Strategy for Sustainability”
Does Design Matter? Roles and Interactions between Design, Technical Innovation and Business Relevance.”
Innovation requires passionate and committed leaders, people and organizations.
“ Passion-based organizations stop at nothing to accomplish their goals and are able to attract people and resources to their causes. A passion economy can arise that unleashes both a new era of prosperity and solutions for the big issues of our time” (Saul Kaplan, 2009).
Join us in Sharing-is-Winning to co-innovate the future.