General Mills Develops New Food Products with OI Partners
The IdeaConnection website reported that since 2007, the General Mills Worldwide Innovation Network (G-Win) has connected with numerous external partners to create, develop and launch new products. This approach has helped General Mills to improve the profitability and grow the market share of its $2 billion Convenience and Foodservice business.
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Arise Co-Creation Manager
The InnovationExcellence website notes that innovation has become the name of the game for businesses to compete effectively in an increasingly kinetic, globalized and technology-driven marketplace. To ensure a constant supply of new ideas, today’s corporations know that they cannot rely solely
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Tate & Lyle Launches Open Innovation Platform
The Food Navigator website reports that from food ingredients that reduce the blood glucose response to food intake, to natural high-potency sweeteners, digestive health and weight management ingredients, and plant-based ingredients that can mask bitter flavor, these are just some of the ingredients
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Open Innovation in Nutraceuticals & Functional Foods
The Nutraceuticals World website posted an article which noted that increasingly diverse industry thought leaders, corporate executives and academics are touting the benefits of open business models to increase speed to market, enhance execution, fill the new product pipeline and diversify and drive
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Open Innovation: A Not-So-Secret Recipe
The foodmanufacturing website notes that product development projects are often kept quiet by processors looking to protect their “secret recipes.” However, some companies such as General Mills are using open innovation to share their R&D projects with suppliers and others who may
Open Innovation and the Food Industry
The ift.live website published an article presenting an inside look at commercializing innovation in the food industry, from ideation, sourcing, intellectual property considerations, valuation, and implementation to market launch. Since 2003, many large companies have implemented the open innovation
Open Innovation in Practice
The website foodnavigator features an interview with Kevin Stark of NineSigma in which he discusses the evolution of open innovation. He points out that it’s one thing to have accepted that your R&D department does not have a monopoly on good ideas, but quite another to make collaboration