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The connect-and-develop strategy requires that a senior executive have day-to-day accountability for its vision, operations, and performance.
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So we created a secure IT platform that would allow us to share technology briefs with our suppliers.Leverage Your Networks, cultivate both proprietary and open networks whose members may have promising ideas.But networks themselves dont provide competitive advantage any more than the phone system does.Are its patents available?A future completely altered from his current reality as well as his past.Lets assume a technology entrepreneur finds a promising product on a store shelf that passes this initial screening.Founded by Eli Lilly, InnoCentive is similar to NineSigmabut rather than connect companies with contract partners to solve broad problems across many disciplines, InnoCentive brokers solutions to more narrowly defined scientific problems.Product is moved into portfolio for development; P G negotiates purchase of Basotect from basf and terms for further collaboration.A version of this article appeared in the March 2006 issue of Harvard Business Review).The company list, for example, includes needs such as reduce wrinkles, improve skin texture and tone, improve soil repellency and restoration of hard surfaces, create softer paper products with lower lint and higher wet strength, and prevent or minimize the severity and duration of cold.Our top 15 suppliers have an estimated combined R D staff of 50,000.Betting that these connections were the key to future growth, Lafley made it our goal to acquire 50 of our innovations outside the company.Using these networks, we look for ideas in government and private labs, as well as academic and other research institutions; we tap suppliers, retailers, competitors, development and trade partners, VC firms, and individual entrepreneurs.And Of those that we already own, which do we want to license, sell, or codevelop further?And we would focus on ideas and products that would benefit specifically from the application of P G technology, marketing, distribution, or other capabilities.Well put the question to InnoCentives 75,000 contract scientists and see what we get back.We discovered that important innovation was increasingly being done at small and midsize entrepreneurial companies.A potential of not only marginalising the community but total disruption of a tradition and all sustaining traditional lifestyle developed and nurtured over millennia, the report says.Translate needs into briefs describing problems to solve.If these plans go on, maybe we might just have to move away, Hassan said, his gaze first falling on the beach front, then farther west toward a cluster of mangrove trees behind which the sun, a big ball of orange, is lazily disappearing before.
Push the Culture No amount of idea hunting on the outside will pay off if, internally, the organization isnt behind the program.
Basf and P G collaborate on next-generation Magic Eraser products.

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