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Recently on the blog

Integrating Open Innovation at Tate & Lyle

Tue, 07/23/2013 - 09:34 -- KevinMcFarthing

Tate & Lyle is a large B2B company focused on speciality food ingredients.  They have placed a large emphasis on innovation as a key source of future growth, with a pivotal role for open innovation (OI) and complementary roles for OI partnerships and venture capital initiatives.  I had the chance recently to interview Dr John Stewart, Director of Open Innovation, to learn more about their integrated program.

Tell me more about Tate & Lyle

Let's Hear it for Incremental Innovation

Tue, 05/28/2013 - 10:57 -- KevinMcFarthing

A journey of a thousand miles starts with a single step, as the saying goes.  The same is true for innovation.  Yet much of the writing on innovation is about leaps, major technological breakthroughs that transform or disrupt markets.  Isn’t it all about Apple and Edison?  I would argue it isn’t.  The bulk of progress and associated hard work on innovation is focused on incremental innovation, the small steps that over time take products and services to new levels.  No Nobel prizes, but it’s not all about the glory.

The Portfolio is the Pivotal Tool for Innovation Success

Thu, 05/02/2013 - 08:43 -- KevinMcFarthing

In a previous corporate life, I was on the board of trustees of a very large pension fund.  Our role was to ensure income in retirement for thousands of current and former company employees.  The key lesson I learned was that the most important decision we had to make was on the mix of investments in the portfolio.  The return had to link to the objectives and requirements of the fund, now and in the future.  Portfolio management was the pivotal tool for success.



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