In today's business climate, is it possible for rivals to collaborate even as they compete? Apparently so, according to a New York Times interview with Procter & Gamble CEO A.G. Lafley: though P&G and Clorox are competitors, P&G actually developed Clorox's Glad Press-and-Seal wrap. "We set a goal, that half of the innovations we take to market should have external front-end partners," Lafley explains. "We'll accept innovation help from any source, even competitors.... So we compete like crazy with Clorox on cleaning products, but partner with them on wraps." What we found most interesting is Lafley's forward-thinking view of product innovation: Lafley: ...We have regular innovation reviews, where we move ideas and best practices around our 22 businesses. Interviewer: And yet only half of your product innovations succeed. Why isn't the rate higher? Lafley: I don't really want it to be. Human nature is such that, if we push our people to drive the batting average up, they'll try to hit more safely, take a shorter swing, go for the singles instead of home runs. Lafley recently wrote The Game-Changer, a book on business innovation, with management consultant Ram Charan. ...
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2007
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04-02
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04-21
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04-21
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04-12
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04-12
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04-14
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If you haven’t seen the work of Robert Harvey Oshatz, then you’re in for a huge treat, because he’s our only guest here at Offbeat today. He’s that cool. He gets the whole day. Although really he’s so...
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04-15
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According to wikipedia, the Allspark Cube is a “cubic artifact adorned with glyphs and designs, and is capable of granting independent life to normal electronic and mechanical objects, and the source ...
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03-27
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When we saw Katharina Wahl's Black Candy floor covering at IMM in Cologne this past January, we were immediately drawn to the combination of soft, squishy materials and the deliciousness of the shapes...
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03-26
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Asmita: This is what becomes of you when you watch more than your share of all those detective and crime investigation shows. You end up like artist Bert Simons making 3D paper craft sculptures and po...
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