PowerPoint presentation template development for Food Innovation Solutions

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Harnessing innovation within
the food industry

© 2012 Food Innovation Solutions

LEAN Innovation
10
ways
LEAN
innova0on
can
help

your
organisa0on
to
win
in
a
recession

Harnessing innovation within the food industry

10 steps to achieving a LEAN
Innovative organisation
1 LEAN
Roadmap

2 LEAN
Innova0on
Audit

3 Organisa0onal
Design

4 LEAN
Burning
PlaEorm

5 LEAN
Virtuous
Circle

6 How
to
Guides

7 People
Power

8 LEAN
PorEolio
Management

9 LEAN
KPI’s

10 LEAN
Philosophy

Harnessing innovation within the food industry

#1. LEAN Innovation roadmap

Harnessing innovation within the food industry

#2. LEAN Innovation audit

What
does
this
achieve…?
• Baseline

• 360

• Awareness

• Compe00on

Harnessing innovation within the food industry

#3. Organisational design

Harnessing innovation within the food industry

#4. Burning platform
What
is
the
cost
of
not
innova0ng?
• Hoover

• Cirque
du
Soleil

• Wii

• Innocent
Drinks

Harnessing innovation within the food industry

#5. LEAN virtuous circle

Harnessing innovation within the food industry

#6. How to guides
What
is
the
right
process?

• Silver
bullet

• Impact
+
-‐

• Trained
&
sponsored

• Flexible

• X
func0onal

• Evolving

Harnessing innovation within the food industry

#7. People Power
• Biggest
asset
or
barrier
What
is
the
quickest

• Biggest
enabler
way
to
improve
the

• Training
ROI?

• Advocates

• Aarac0ng
talent
Improve
the

• Empowered
capability
of
the

• Accountable
exis0ng
resource

Harnessing innovation within the food industry

#8. LEAN Portfolio management

A.
Strategic
buckets
B.
Selec0on
&
priori0sa0on

You
have
got
to
know
when
to
hold
em,
know
when
to
fold

em,
know
when
to
walk
away…
Kenny
Rogers
the
Gambler

Harnessing innovation within the food industry

#10. LEAN Philosophy

Challenge
–
Learn
-‐
Persist

Are
we
doing
the
right
project?

Are
we
doing
the
project
right?

Harnessing innovation within the food industry

Thanks
for listening
Mike
Faers

+44(0)7738
224
586

Harnessing innovation within the food industry

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There are countless opportunities for Maori businesses, Trusts and Incorporations with food producing assets like land, cropping, agriculture, horticulture, viticulture, fishing and other marine interests to add value to these assets through direct accessing of leading European technologies and capabilities and applying these here at home. It is clear from visiting the leading Food Technology Institutes across Europe that post-war, many of these economies not surprisingly have sophisticated industrial technologies that pervade and enable much of their economic development today. The Institutes we visited are engaged by the largest food companies of the world (i.e. Nestle, Unilever, Bayer and others) to undertake much of their new product development across all food categories. It is clear that what is happening in the laboratories of these Institutes will shape world consumer demand in the food sector out into the future. Europe has to be an important source of new technologies to enable Maori busineses to succeed on the world stage. But, it is likely that the major markets for products from our businesses enabled by european technologies will be in the emerging markets of China, India and South America. Traditional markets like the UK, Europe, US and Australia will likely start to feature less in time. The strategy for Maori food business therefore must be to seek and exploit the best food technologies of the world (and definitely from Europe) and transfer these technologies directly across our businesses and particularly across the estimated 1.2 million hectares of underperforming Maori lands. This is a relatively low risk but high return strategy and can happen quickly compared to the much more risky, time consuming and very expensive strategy of doing new research and science from scratch. Changes being made by government in terms of some of their reforms may enable Maori business to make this step but, it is unlikely that these changes will bear any real fruit for 3 to 5 years (or more) for Maori business. We shouldn’t wait for government (or any one else) to take this leadership role. The leadership must come from Maori directly, with Government, researchers and others playing a more supporting and enabling role. An overarching strategy will be in time to move away from passive leasing out of strategic assets like land, fish quota et al towards creating new and wholly Maori owned value chains from raw materials through to end consumer. An important feature of these new value chains will be to bring together multiple Maori businesses (separate Trusts) enabled by the worlds best technology and innovations. Finally, we can not afford to sit around and do nothing! The opportunity cost (of doing nothing) will be hundreds of millions of dollars to our collective whanau, hapu and Iwi. However, the inverse of this if done well is, the Maori economy could grow to equal the size of the non-Maori economy in as little as10 years.

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PowerPoint presentation template development for Food Innovation Solutions

1. Harnessing innovation within the food industry © 2012 Food Innovation Solutions

2. LEAN Innovation 10 ways LEAN innova0on can help your organisa0on to win in a recession Harnessing innovation within the food industry

3. 10 steps to achieving a LEAN Innovative organisation 1 LEAN Roadmap 2 LEAN Innova0on Audit 3 Organisa0onal Design 4 LEAN Burning PlaEorm 5 LEAN Virtuous Circle 6 How to Guides 7 People Power 8 LEAN PorEolio Management 9 LEAN KPI’s 10 LEAN Philosophy Harnessing innovation within the food industry

4. #1. LEAN Innovation roadmap Harnessing innovation within the food industry

5. #2. LEAN Innovation audit What does this achieve…? • Baseline • 360 • Awareness • Compe00on Harnessing innovation within the food industry

6. #3. Organisational design Harnessing innovation within the food industry

7. #4. Burning platform What is the cost of not innova0ng? • Hoover • Cirque du Soleil • Wii • Innocent Drinks Harnessing innovation within the food industry

8. #5. LEAN virtuous circle Harnessing innovation within the food industry

9. #6. How to guides What is the right process? • Silver bullet • Impact + -‐ • Trained & sponsored • Flexible • X func0onal • Evolving Harnessing innovation within the food industry

10. #7. People Power • Biggest asset or barrier What is the quickest • Biggest enabler way to improve the • Training ROI? • Advocates • Aarac0ng talent Improve the • Empowered capability of the • Accountable exis0ng resource Harnessing innovation within the food industry

11. #8. LEAN Portfolio management A. Strategic buckets B. Selec0on & priori0sa0on You have got to know when to hold em, know when to fold em, know when to walk away… Kenny Rogers the Gambler Harnessing innovation within the food industry

12. #9. LEAN KPI’s - Principles • Make or break • Brand trust • Think carefully • Quality tracking studies • Broad: commercial, brand • Total cost of Innova0on reduc0on and innova0on % • NVP (net present value) • Total increase of revenue from • PorEolio value innova0on % • Zero gap execu0on % • Employee sa0sfac0on metrics • Market share • Customer scorecards Harnessing innovation within the food industry

13. #10. LEAN Philosophy Challenge – Learn -‐ Persist Are we doing the right project? Are we doing the project right? Harnessing innovation within the food industry

14. Thanks for listening Mike Faers +44(0)7738 224 586 Harnessing innovation within the food industry