Innovation day 2013 3.4 bart carpentier (the coca-cola company) - innovating mature businesses

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Transcript of Innovation day 2013 3.4 bart carpentier (the coca-cola company) - innovating mature businesses

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Making the difference with sustaining innovation

Bart Carpentier

Retail Equipment Innovator

The Coca-Cola Company

bcarpentier@coca-cola.com

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Mature environments can get stuck

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Mature environments can get stuck

… innovating here requires strength … and method

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Mature market:

14 million retail machines, growing slowly and gently

Mature business:

investing, while simplifying the business, the portfolio and the supply base

Mature technology:

one concept, one production system, one cooling technology

Mature industry:

not more than a few established main suppliers

Is Coca-Cola’s retail equipment business mature?

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Coca-Cola is totally mature

but it manages to innovate itself

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Innovating is real work

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Creating something remarkable

Innovating?

Being original

Triggering passion

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Know your context

Understand your business environment and turn it into opportunities.

Understand the challenge (technical issue / consumer need …)

Explore the brief with the problem owner to clarify direction

Ensure alignment and inspire the team

Innovate for reasons

Reasons at company level or at project level

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Know your context

and challenge it ...!

Set boundaries with the right width

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Defeat some of the managerial forces

Management is risk-adverse, wants predictable business

Quality managers hate avoidable technical risks

Procurement needs supply chain standardization

Operations want simplicity and efficiency

Legal officers prefer avoiding conflicts over IP

Finances hates investing in unpredictable ventures

Successful innovation only happens if enthusiastically supported by the top

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Be bold Be courageous Be ambitious

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Generate a wide range of interesting concepts or solutions

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You’ll need lots of ideas!

Get creativity embedded

… not merely tolerated

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The nature of the animal Creativity likes pressure

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Tools can stimulate creativity

The nature of the animal

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Creativity is vulnerable

The nature of the animal

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The nature of the animal

Creativity asks for discipline

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Companies are innovating

at least for business continuity

and preferably for business growth

Selecting the best ideas: the only filter is the business case

If the business case calculation looks at all parameters:

• fit with the company objectives and strategy

• fit with evolutions and consumer expectations

• technical risk and required investments

• available knowhow and intended roadmap

• the time horizon

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Bring the innovative idea to life

We now have an idea with apparently a promising potential.

Refining the idea

Developing the product

Validating the product and the business case

Detailed engineering and testing

Creating the supply chain and production

Organizing sales and support

x

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