Tag Archives: P&G

P&G on Benefits of Open Innovation

Point: Open innovation is much more cost-effective than internal R&D Story: Larry Huston, formerly Innovation Officer at Procter & Gamble, spoke at the World Innovation Forum on June 8, 2011. Huston praised open innovation as a way for big companies to speed their innovation and time to market. Huston said that open innovation efforts give companies a 2x return compared ...

Read More »

Paradox of Innovation and Intellectual Property

Being involved in Open Innovation (OI), one of the most cited stumbling blocks is, yes, lawyers – Intellectual Property (IP) attorneys specifically.  To most business and R&D folks, IP counsel are viewed as deal killers.  So I was anxious to hear Kelly McDow, Associate General Counsel for P&G‘s Connect+Develop, speak at the 3rd Open Innovation Summit at BW’s Center for Innovation & Growth*.  Kelly started ...

Read More »

Do Many Things

On the issue of sustainability, I’ve adopted the “Do One Thing” strategy. Pick a practice that makes your life better and helps sustain the planet, and stick to it. This can be something as simple as riding your bicycle to work, watching less television, or purchasing energy-efficient light bulbs. It’s a simple strategy, and, if executed properly, is followed quickly ...

Read More »

The Magic Pill of World Class Innovation

Google, Apple, GE, 3M, Nokia, Procter & Gamble … some of the most recognizable innovative companies in the world. Everyone wants to know, how can they be so innovative? What’s their secret to success, and how can I become as innovative and successful as them? Well, good news! There is a magic pill that will make everyone in your organization ...

Read More »