5. • Functional Innovation
teams
ABI has grown its innovation model across many formats.
• Silicon Valley engagement
• Early trend detection
• Digital Innovation pilot tests
• Systems infrastructure
• Advanced Analytics
• Partnership with Univ of
Illinois
2011 2014
2013
2016
• Advanced Analytics
• Investment
Fund &
Accelerator
2015
6. ABI is developing our own global community of innovators
called Hack The World.
7. 7
community
Shark Tank
Competition
Hackathon Idea-a-thon
Pitch
Competition
Networking/
Happy Hour
Global and Zone Solutions engage global/local
ecosystems to grow community and produce
business solutions
Accelerator
Program
Virtual
Challenges
Social
Engagements
HTW community grows and with more
activity, members are eager to engage with
ABI and each other
1 2
ABI Businesses leverage HTW community to
extract value via three key ways.3
Business
Solutions
Talent
Pipeline
Consumer
Insights
Business
Teams
Hack The World grows through engagement activities and
serves as ABI’s innovation resource.
9. Define what innovation means.
Get top down buy-in and alignment.
Institutionalize innovation.
Reward risk and smart failures.
Set the right KPIs.
Successfully transforming a culture to embrace innovation
requires critical factors.
I’m Tina Wung and I am a corporate innovation expert from Silicon Valley
Here to share with you how to drive innovation transformation from within based on my experiences and observations working at and with the top CPG companies in the world
Mondelez, KraftHeinz, ABI, MillerCoors, P&G
Innovation In House – Mondelez Mobile Futures
Innovation Dedicated Functions/Positions
Innovation Labs – AT&T Foundry
Venture Funds/Accelerators – ABI ZX Ventures
Innovation Communities – Coke?
Started with the Marketing Digital Innovation Team
Then Innovation team spread across most functions
Then with more innovation success, ZX Ventures was formed
The global lab of networks
https://www.youtube.com/watch?v=8pXVBNEiE0g
Examples of successful partnerships
eComm - Minibar – early in-app media partnership, then powered our Bud Efridge pilot and scale, and then we gave them full NFL team cans
Retail - Ibotta – test pilot, then signed a national partnership rolled out to major retailers including Walmart
On premise - Weissberger – purchased ownership
Bud Light e-Fridge – first foray into Connected Home PLUS in-home beer delivery
Sold out first 900 units
https://www.youtube.com/watch?v=Pv6hQ882Mk8
Bud Light was first ever brand to partner with Tinder for video advertising
Instagram sweeps submission
Not unusual – lots of companies are rethinking how to do innovation. Startups and tech giants are now more strategic
It wasn’t an Innovation Lab
Drive Focus
Drive efficiencies
Shift Innovation skill In house (to Business owners)
Impatient with innovation returns lead time
Not driving short term value
It’s Innovation Theatre (not good for startup relationships either)