Stories are Key to Innovation

Much Agree and if you can simulate from the stories, even better. 

Stories Are Key To Successful Innovation

Paul Miller, VP, Principal Analyst,    Forrester

JUN 22 2023

You and the leadership team have developed an innovation strategy for your organization that you consider clear, clever, and future-oriented, but somehow it’s not gaining traction and you’re not getting anything like the expected return on your innovation investment. Reviewing this with middle management, you discover that they have a very different understanding of the strategy and don’t feel able to make changes to the system with which the organization is run. What went wrong?

Leaders often struggle to communicate clearly about innovation, both inside and outside of their organizations. As we explore in our new report, telling effective stories throughout the five phases of the innovation lifecycle — ideation, proof of concept, assessment, scaling, and commercialization — helps business and technology leaders ensure success.

How To Apply Leadership Storytelling To Drive Innovation Success

The innovation lifecycle is demanding. Leadership storytelling offers tools that help get people moving forward, keep the team engaged, and reinvigorate when project teams stumble. Successful innovation requires passionate leaders with a collaborative mindset, good communication skills, and the curiosity and willingness to experiment. As you think about your own approach to innovation, make sure that you consider the why, the what, and the how:

The why: inspiration, leadership, and purpose. Share your vision to inspire others and get them on board with the innovation agenda. Empathize with the people you’re innovating for, and share what inspired you to come up with the innovation to make you, your story, and your final product more relatable.

The what: culture. Establish an innovation culture to turn good ideas into tangible business outcomes. Empower employees to contribute their own ideas, collaborate, and take calculated risks with innovation. Don’t forget to collect stories about sparks of creativity to build momentum around innovation in the organization.

The how: trust and creativity. Unlock creativity with trust. If employees regard a leader as too distant or harboring some hidden agenda, they’re less likely to trust them. Identify your core values and craft stories around them. Storytelling expert Jean Storlie recommends that you “speak with your own authentic voice about real and meaningful stories. They convey who you are and why you have credibility to lead the change.”

How Does Remote Work Affect Innovation?

Had not seen the innovating teams and remote work aspect being examined. 

How Does Remote Work Affect Innovation?

by James Heskettin  in HBSwk.edu

Many companies are still trying to figure out how to manage teams that have limited in-person contact. Remote work will likely lead to new ideas, but what kind? asks James Heskett.

When former Google CEO Eric Schmidt tells how the company’s ad algorithm—the heart of its financial success—was revamped, here’s what he says:

One Friday afternoon in May 2002, (company co-founder) Larry Page was playing around on the Google site, typing in search terms and seeing what sort of results and ads he’d get back. He wasn’t happy with what he saw…. Some of the ads were completely unrelated to the search….

In a normal company, the CEO, seeing a bad product, would call the person in charge of the product. There would be a meeting or two or three…. Instead, he printed out the pages containing the results he didn’t like, highlighted the offending ads, posted them on a bulletin board on the wall of the kitchen by the pool table, and wrote THESE ADS SUCK in big letters across the top. Then he went home….

At 5:05 a.m. the following Monday…. Jeff Dean sent out an email. He and four colleagues…. had seen Larry’s note on the wall…. (Dean’s email) included a detailed analysis of why the problem was occurring, described a solution, included a link to a prototype 9 implementation of the solution the five had coded over the weekend…. And the kicker? Jeff and team weren’t even on the ads team… It was the culture that attracted…. These five engineers…. To the company in the first place.

How would this story play out if Google had relied heavily on remote work at the time? Would Jeff Dean and his colleagues even have been in the office on Friday afternoon?

OK, so they could just as easily have seen a post from Larry Page online if they had still been working after 5 p.m. on a Friday afternoon. Working from their homes and seeing a post that simulated the bulletin board at the office, would five of them have organized themselves, again online? Would they have decided to give up their weekend to come up with a better idea? Would they have agreed to break the routine of Mondays working remotely to share their response in the relative privacy of the office (vs. online)?

Would the five even be sharing the same values and “way we do things around here”? Would the result have been the same?

We can at least hypothesize several notions based on early research regarding remote work. Many talented people love it. Some of the reasons they love it, such as the ability to gain more control over their lives, are not always in the best interests of their employers. Some couldn’t do what they’re doing without the opportunity.

Employers appear to be less enthusiastic about remote work. Many feel that they have to offer it in order to access talent that would not otherwise be approachable. Although employees claim that remote work improves their productivity, mainly by eliminating commute time, the evidence thus far suggests two things: We don’t yet know how to measure productivity changes from remote work and that, even when we learn, the impact may not be very significant.

Many employers are just learning how to manage remote work. Some are doing a terrible job of it, with little preparation and training for middle managers primarily responsible for the success of the process. Also, the impact of remote work on organization culture has yet to be determined.  ... '

Technology in Insurance Sector (India)

 Would think that AI would also change things strongly here.  How specific this is to India is unclear.

ACM NEWS

Technology Innovation in the Insurance Sector

By Express Computer (India), March 14, 2023

The insurance sector has experienced a paradigm shift because of big data analytics.

The insurance industry has long been known for its traditional, risk-averse nature. However, the emergence of technology has brought about significant changes in recent years. As consumers become more tech-savvy and demanding, the insurance industry has begun embracing technology in order to maintain its competitiveness and improve its services. A new wave of innovation known as "insurtech" has evolved, which refers to using technology to enhance and streamline insurance services. These companies are disrupting the traditional insurance market with new business models, products, and services. Thus, in order to provide specialized and effective insurance solutions, they use technology like big data, artificial intelligence, and machine learning. Also, these businesses offer their clients a user-friendly and practical digital experience, which is critical in today's fast-paced world.

The insurance industry has benefited from technological innovation by enhancing ease, personalization, transparency, efficiency, profitability, and risk management. To fully utilize the potential of technology in the insurance sector, however, issues including legislation, client uptake, and data privacy and security must be addressed.

From Express Computer

View Full Article

ISSIP Talk on Digital Twins

The International Society of Service Innovation Professionals  (ISSIP)

ISSIP Ambassador Panel Online Talk on Digital Twins         

ISSIP Ambassadors Shaun West and Antonio Padovano joined the ISSIP Ambassador Panel Talk on Digital Twins to share their thoughts on the concept of digital twins, how digital twins have been leveraged in a wide range of sectors, and what future opportunities in digital twins lie ahead. 

For those who were unable to join the talk on 10th March, the talk was recorded and published on the ISSIP Youtube channel    . Click here to watch ...          https://Issip.org

Revolutionizing Quantum Computing?

Not getting this, but interesting ...

An accident in a lab experiment may revolutionize quantum computers

By Joshua Hawkins, Published Jan 23rd, 2023  in BGR

Researchers may have made a massive breakthrough in quantum computing. According to a new study published in Nature Nanotechnology   ... 

Quantum computing is an intriguing field that has seen quite a bit of growth over the past several years. However, there’s still a lot holding back the massive computers that researchers are working with – namely, their size and the sheer amount of control required to keep large-scale quantum computers running smoothly

That’s because the larger you make a quantum computer, the more quantum bits, or qubits, it requires to run. And the entire idea of a quantum computer requires you to control every single one of those qubits to keep things running smoothly and efficiently. So, when you make large-scale quantum computers, you end up with a lot of processing power and a lot more qubits to control.

Google Quantum Computer

And to be honest, running computers with more than three to four qubits is a nightmare, many researchers have explained in the past. It’s also part of why so many large-scale quantum computers are so bulky and take up so much room – sometimes entire rooms – just to run smoothly. But now, researchers have discovered a new way to manipulate the quantum state of a qubit.

And this big change could revolutionize how we construct those larger-scale quantum computers like you see companies like IBM working with. The new method is less bulky to build, and you don’t have to fabricate an antenna or cobalt micro-magnets to generate the controlling effect needed around the qubits. As such, it removes a lot of the bulk of the design that we currently rely on. ... '

CES 2023 Follow

 This years CES: 

CES 2023 IS THE GLOBAL STAGE FOR INNOVATION

CES® is the most influential tech event in the world — the proving ground for breakthrough technologies and global innovators.

This is where the world's biggest brands do business and meet new partners, and the sharpest innovators hit the stage. Owned and produced by the Consumer Technology Association (CTA)®, CES features every aspect of the tech sector.  ... ' 

Have attended a number of these, will selectively follow and report on things of interest.  interesting that John Deere has Keynoted.    Engadget does a good preview.

KEYNOTE   CTA State of the Industry and John Deere Keynote

Thursday, January 5, 8:30 AM

Venetian Palazzo Ballroom  ... '

Thinking Causal AI

Good thoughts on the topic: 

Use Causal AI to Go Beyond Correlation-Based Prediction

Gartner, By Leinar Ramos | August 10, 2022   Intro below

This is a short introduction to a research note we published recently on Causal AI, which is accessible here: Innovation Insight: Causal AI.

Correlation is not causation

“Correlation is not causation” is often mentioned, but rarely given the importance it deserves on AI. Correlations are how we see variables moving together in the data, but these relationships are not always causal. 

We can only say that A causes B when an intervention that changes A would also change B as a result (whilst keeping everything else constant). For example, forcing a rooster to crow won’t make the sun rise, even if the two events are correlated.

In other words, correlations are the data we see, whereas causal relationships are the underlying cause-and-effect relationships that generate this data (see image below). Crucially, the data we typically work with exists in a complex web of correlations that obscure the causal relationships we care about.

An image illustrating the distinction between correlations, which are the relationships we directly observe in the data, and causation, which is the underlying set of cause-and-effect relationships that generate the data 

Despite their notable success, statistical models, including those in advanced deep learning (DL) systems, use surface-level correlations to make predictions. The current DL paradigm doesn’t drive models to uncover underlying cause-and-effect relationships but simply to maximize predictive accuracy.

Now, it is worth asking: What is the problem of using correlations for prediction? After all, in order to predict, we just need enough predictive power in the data, regardless of whether it comes from causal relationships or statistical correlations. For instance, hearing a rooster crow is useful to predict sunrises.

The core problem lies with the brittleness of the predictions. For correlation-based predictions to remain valid, the process that generated the data needs to remain the same (e.g., the roosters need to keep crowing before sunrise).

There are two fundamental challenges with this correlation-based approach:

Problem #1: We want to intervene in the world

Prediction is rarely the end goal. We often want to intervene in the world to achieve a specific outcome. Anytime we ask a question of the form “How much can we change Y by doing X?”, we are asking a causal question about a potential intervention. An example would be: “What would happen to customer churn if we increased a loyalty incentive?”

And the problem with correlation-based predictive models, like Deep Learning, is that our actions are likely to change the data-generation process and therefore the statistical correlations we see in the data, rendering correlation-based predictions useless to estimate the effect of interventions. 

For instance, when we use a churn model (prediction) to decide whether or not to give a customer a loyalty incentive (intervention), the incentive affects the data that generated the prediction (we hope the incentive makes the customer stay). In this case, causality really matters, and we can’t simply use correlations to answer questions on what would happen if we took an action (we need to run controlled experiments or use causal techniques to estimate the effects)  .... ' 

Disruption Examined

Via Irving Wladawsky-Berger

A collection of his observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects.... 

Disruptive Forces Necessitate Bold Decisions

In January of 2021 I attended Predictions 21, an online event organized by Forrester Research.  “Faced with the pandemic, firms did things that once seemed impossible - sometimes overnight,” said Forrester last year, adding that “2021 will be the year that every company - not just the 15% of firms that were already digitally savvy - doubles down on technology-fueled experiences, operations, products, and ecosystems.”

Earlier this year I attended Predictions 22, and was particularly curious to see how things had changed in the intervening year. “Disruptive Forces Necessitate Bold Decisions,” was the overriding message in this year’s event guide.  “The old ways of working no longer work. The future is up for grabs. Leading firms will use the crucibles of 2020 and 2021 to forge a path to an agile, creative, and resilient tomorrow.”

Let me summarize some of Forrester’s key predictions in three areas: technology, customer experience, and industry trends.  ... ' 

Quantifying Computing Power and Innovation

Powerful computers,  better innovation? 

Quantifying Computing Power and Innovation    By MIT News., June 29, 2022

Futuristic image of a microprocessor in a circuit.

"By looking directly at capabilities, we are able to get more precise measurements and thus get better estimates of how computing power influences performance." -Neil Thompson

Neil Thompson is an MIT research scientist at the Computer Science and Artificial Intelligence Laboratory (CSAIL) and the Sloan School of Management.

Neil Thompson and his research team set out to quantify the importance of more powerful computers for improving outcomes across society. They analyzed five areas where computation is critical, including weather forecasting, oil exploration, and protein folding. The team found that between 49 and 94 percent of improvements in these areas can be explained by computing power. But computer progress is slowing, which could have far-reaching impacts across the economy and society.

In an interview, Thompson discusses this research and the implications of the end of Moore's Law.

From MIT News

View Full Article    

Enterprise Digital Innovation Accelleration

Powerful notion to significantly accelerate Innovation and test 

GigaSpaces Joins Forces with IBM and Wix to Offer an Open Platform that Dramatically Accelerates Enterprise Digital Innovation.   This joint solution will enable organizations to speed up the building and launching of new digital services by up to 10x. NEW YORK, July 6, 2022 /PRNewswire/ -- GigaSpaces is joining forces with IBM and Wix to design a joint Digital Acceleration Hub (DAH), that will accelerate the pace at which enterprises and start-ups can build and deploy new digital services. DAH accelerates digital transformation by helping companies build new data services in just days instead of months, as much as 10x.     Read in further  in PR Newswire.  .... ' 

Nike and Technical Innovation Center

Like the fact that logistics innovation will be included.  As we did with our innovation center. 

Nike steps up its game with a new Tech Innovation center

Apr 13, 2022  by Matthew Stern  in Retailwire

Nike is opening a new hub solely for technological innovation.

The athletic shoe brand will be opening its technology center in early 2023 in Atlanta, GA,  according to Engadget.  https://www.engadget.com/nike-technology-center-atlanta-130039247.html The location will be dedicated to improving the brand’s logistics and supply chain and reimagining the consumer experience with artificial intelligence (AI) and machine learning. It will also focus on cybersecurity with a new “command center” for the East Coast. Until the new facility is ready, employees will work remotely.

Nike has been doing more on its own lately, which could be part of the reason it is dedicating such resources to pursuing logistics technology on the cutting edge.

The iconic brand has continued to end or alter its longstanding wholesale relationships with shoe retailers nationwide to focus on direct-to-consumer relationships. In March of 2021, the brand announced it would no longer be selling shoes through DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports and Big Five, and that it would be removing its branded apparel from Macy’s.

More recently, it began pulling many of its most popular SKUs from Foot Locker, which sent the retailer’s stock tumbling.

Even before doubling down on D2C, Nike was emerging as a tech-forward brand. Nike began utilizing augmented reality as part of its mobile app for reimagined shoe “drops” in 2017 and has also been integrating technology into an increasing number of its standalone stores.

The brand last month opened a 5,000 square-foot Nike Live concept store in Houston, TX, according to the Houston Chronicle. The store, like the other Nike Live locations placed in major U.S. cities since 2018, allows shoppers to interact with store staff and check on product availability through the brand’s apps.  ... '' 

Thinking innovatively like a Kid

McKinsey writes

Kids have a special way of cultivating creativity--and some even see their crafty ideas develop into lucrative business opportunities. Did you know that kids invented the trampoline, popsicles, and earmuffs?

  '''On #KidInventorsDay, explore these thought-provoking insights along with your favorite kid, and tap into your own imagination. And bookmark our McKinsey for Kids  collection page to see the latest in our interactive series.  ... "

Good examples, but they need help in creativity as well. ... 

Hyperscaler Innovation

 Idea was new to me, and podcast from Andreesson

How ‘Hyperscalers’ are Innovating — and Competing — in the Data Center

Innovation in the data center has been constrained by the traditional model of suppliers providing fixed-function chips that limit how much the biggest data center operators can differentiate. But programmable chips have emerged that allow these companies to not only increase performance, but innovate throughout the pipeline, from operating system to networking interface to user application.

This is a major trend among “hyperscalers,” which are some of the world’s most well known companies running massive data centers with tens of thousands of servers. We’re talking about companies like Amazon, Facebook, Microsoft, Google, Apple, Alibaba, Tencent.

To talk about the trends in data centers and how software may be “eating the world of the data center,” we talked this summer to two experts. Martin Casado is an a16z general partner focused on enterprise investing. Before that he was a pioneer in the software-defined networking movement and the cofounder of Nicira, which was acquired by VMWare. (Martin has written frequently on infrastructure and data-center issues and has appeared on many a16z podcasts on these topics.)

He’s joined by Nick McKeown, a Stanford professor of computer science who has founded multiple companies (and was Martin’s cofounder at Nicira) and has worked with hyperscalers to innovate within their data centers. After this podcast was recorded, Nick was appointed Senior Vice President and General Manager of a new Intel organization, the Network and Edge Group. The podcast begins with Nick, talking about the sheer scale of data-center traffic.   ... '

Committed Innovation

Good thought about innovation, intro below.

The Committed Innovator: A conversation with Loonshots author Safi Bahcall

Why do some ideas fly and others fail, By Erik Roth    inMcKinsey

The Committed Innovator 

The entrepreneur and innovation adviser explains how to make bold innovations flourish.

 Article (7 pages)

Companies looking to bring breakthrough innovations to life need the right organizational structures and incentives in place. In his book, Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries (St. Martin’s Press, March 2019), Safi Bahcall, a former biotech CEO who now helps organizations innovate, explains what that requires. In this episode of the Inside the Strategy Room podcast, he talks with Erik Roth, leader of McKinsey’s innovation work globally, about why some great ideas changed the world and others failed to take off. This is an edited transcript of the discussion, which is the latest in our Committed Innovator series of conversations with innovation experts around the world. For more conversations on the strategy issues that matter, subscribe to the series on Apple Podcasts or Google Podcasts.

Podcast transcript

Erik Roth: You used to run a biotech company. Why did you decide to write Loonshots when you did?

Safi Bahcall: Not long after I started the biotech firm, my father was diagnosed with a rare type of leukemia. We were a cancer-focused company and I figured I could do something to help him. Unfortunately, nothing I could do made a difference and he died not long after. Over the years, as the company grew and went public, I spent a lot of time with R&D companies of all sizes and kept noticing how promising ideas, including ones that could have helped my father, remained trapped inside these organizations’ basements. That stayed with me.  ... ' 

IKEA Shanghai Concept Store Goes for Makers, Innovation ... Less Maze

Nice thoughts, will it work effectively?

Can IKEA’s store layout still amaze without a maze?   by Matthew Stern  with further expert commentary.   in Retailwire.

Customers have long associated IKEA with the experience with traversing a labyrinth of furniture and home décor, and often walking out with more than they anticipated because of it. Now IKEA may be ditching the maze in favor of a layout it considers to be even more immersive.

A test IKEA store concept in Shanghai, China will feature spaces for customers to lounge around and relax, hang out with social media influencers, take selfies and even participate in workshops where they can make and repair products, according to The Guardian.

The Wall Street Journal reports that the Shanghai location includes cushioned, theater-like space, a restaurant that showcases sustainable food practices and a “Maker’s Hub” where staff help customers repair old and build new items, alongside showrooms and a shop for small items.

The Shanghai store will represent the second test of this store concept, which was also introduced in Poland. Last week, IKEA also opened a compact store in Vienna designed for urban markets comprising five stories and a rooftop café. ... ' 

Declining Entrepreneurship not a Concern

Says K@W Study

Why Declining Entrepreneurship in the U.S. Is Not a Concern  in K@W

Innovation Content

Entrepreneurship in the U.S. has declined in recent decades because high-skilled college graduates have found that they can earn more in well-paying jobs than starting their own business. Cheaper capital and lower prices of capital goods also helped businesses become more profitable and therefore increased their ability to hire high-skilled workers who would otherwise have become entrepreneurs.

Those “technological improvements have changed the incentives of individuals to start their own business,” according to a new research paper by Wharton finance professor Sergio Salgado titled “Technical Change and Entrepreneurship.” They are responsible for three-quarters of the decline in entrepreneurship, the paper noted.

In identifying those factors, Salgado’s research findings have brought a new understanding to the debate on the decline in U.S. entrepreneurship. Various studies have thus far held that new business formation has declined because of high startup costs or other frictions, labor supply constraints, and the aging of the U.S. population, Salgado’s paper noted. For instance, a recent Congressional Budget Office report blamed the fall in business formations on reduced access to finance and labor markets, and regulatory constraints.  ... ' 

CPG Company Innovation Traps

Some useful thoughts in the space: 

CPG companies can dodge three common innovation traps

Implementing proper checks and balances throughout the innovation process can help you create long-term growth. by Sharon Kao and Nicholas Hilgeman

Today’s consumer packaged goods (CPG) companies confront a strange market paradox: continued demand for new products but reduced shelf space in stores. Organizations have long used innovation as a tool to meet the shifting needs of consumers and to drive growth. In fact, in their 2020 annual reports, all ten of the highest-grossing publicly traded global CPG companies highlighted innovation as a key growth lever.

Product development is a highly capital- and labor-intensive process, and left unchecked, results in a questionable return on investment.

But the space to display this proliferation of new products is shrinking as retailers weigh costs and consumer experience, focusing on smaller storefronts with hyperlocal offerings and a less overwhelming array of choices. At wholesaler BJ’s, for example, smaller, new-build stores house 16% fewer SKUs than regular stores. Similarly, British supermarket chain Asda recently revealed plans to cut SKUs by up to 40% as it shifts to a simpler discount model for its stores. Another reason retailers are reducing shelf space is to avoid being overstocked as consumers do more online shopping. In PwC’s June 2021 Global Consumer Insights Pulse Survey, more than half of global consumers surveyed said they became more digital even in just the six-month period from October 2020 to March 2021.  ... " 

P&G Ventures

More from my former employer.

P&G Ventures Among Top 20 Best Workplaces for Innovators According to Fast Company  

CINCINNATI, Aug. 4, 2021 /PRNewswire/ -- Fast Company released its third annual Best Workplaces for Innovators list today, honoring businesses and organizations that demonstrate a deep commitment to encouraging innovation at all levels. P&G Ventures, Procter & Gamble's internal startup studio, earned the #19 position on this year's list for its unique business model and novel brand-building strategy.  

Founded in 2015, P&G Ventures is an early-stage start-up studio within P&G that creates new fast-moving consumer goods brands and businesses in categories where P&G doesn't currently compete. Its model is built on partnering with entrepreneurs, inventors and start-ups to deliver a win-win that brings together the best of startups and the best of P&G. Each P&G Ventures partnership is unique, providing funding as well as access to P&G's experts, resources, and capabilities to help partners find their best customers, prove their technology, and create their brand ....'

P&G Positions for Inflation

My former and longtime employer writes, on the threat of Inflation Challenges.  With innovation. 

P&G Is Positioned for Inflation Challenges

Procter & Gamble Vice Chairman and COO Jon Moeller tells investors it has winning products and strategies in post-Covid world.

Retail prices soared last month, lifting US inflation rates to a 13-month high, according to the Consumer Price Index. But Procter & Gamble COO Jon Moeller said the company is well-positioned to overcome this latest headwind, just as P&G thrived during the Covid-19 pandemic. Speaking at a Deutsche Bank investor conference, Moeller noted that P&G added 40 points to its global market share last year and e-commerce sales are up 50% year-to-date. He credited gains made pre-Covid, during Covid and now, post-Covid (in the US and China) to having the right strategy, the right portfolio and the right organizational structure.

"Despite near term challenges, we are not changing the strategy, We are doubling down and moving forward," said Moeller. "This has been working in driving maket growth. That is the most important mid- to longer term."

He acknowledged that a global recovery won't occur until 2023 or 2024, when enough vaccines can be made to cover the world's entire population. Virus spikes in India and Brazil will delay the global recovery and yet, P&G's market share remains strong in both countries. 

"Predicting year-on-year growth is difficult," he said, acknowledging that the company's two largest markets, US and China, accounted for nearly all P&G growth in the current fiscal year. "Now we have the headwind of rising material and transportation costs, but we will get through this rough patch."

Product innovations will help. New Tide and Ariel formulations provide more cleaning power at lower temperatures. The Oral-B iO Series electric toothbrush promises 100% healthier gums in one week and six times more plaque removal along the gumline. P&G is rolling out plastic-free Gillette razor packaging in France with plans to expand in the US this fall. In dish care, Dawn Powerwash sales reached $150 million in its first year. In hair care, Pantene is adding premium formulas like 3-Minute Miracle and Quench Intensive Shot Mask.

Retail partners like what they see. Procter & Gamble was ranked the No. 1 supplier in the US for the sixth consecutive year. 

"We are driving constructive disruption by acting with the speed and agility of a startup," Moeller insisted.

We'll have more from Moeller in The 2021 Top 50 article in the July issue of Happi.  ...."

P&G Launches iLab 2021

Procter continues to work innovation:

PR NEWSWIRE: P&G launches iLab 2021 in partnership with the Singapore EDB to strengthen Singapore's innovation ecosystem

P&G launches iLab 2021 in partnership with the Singapore EDB to strengthen Singapore's innovation ecosystem

SINGAPORE, May 4, 2021 /PRNewswire/ -- Procter & Gamble (NYSE:PG), in partnership with the Singapore Economic Development Board (EDB), today launched iLab 2021, a 3-day virtual innovation festival. The festival will see start-ups from Singapore and across the region come together to collaborate with P&G and develop innovations that can overcome real-world challenges faced in the areas of advertising, retail, and supply chain. Held at P&G's i-Singapore Digital Omni-Channel Center (i-SiDOC)  ,... "