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“Open Innovation is fundamen-                   “Nestlé clearly recognizes

                           tally about operating in a world                that to achieve its growth                                    OPEN BUSINESS MODELS


                           of abundant knowledge, where                    objective it must extend

                           not all the smart people work                   its internal capabilities                                    115

                           U^a h^d  b^ h^d QTccTa V^  ]S                   to establish a large number

                           them, connect to them, and                      of strategic partnering                                       PATTERNS

                           build upon what they can do.”                   relationships. It has embraced


                                                      —— Henry Chesbrough   open innovation and works
                                    Executive Director, Center for Open Innovation
                                           Haas School of Business, UC Berkeley  aggressively with strate-

                                                                           gic partners to co-create
                          “Long known for a preference                     bXV]X RP]c ]Tf \PaZTc P]S


                           to do everything in-house, we                   product opportunities.”

                           began to seek out innovation                                              —— Helmut Traitler
                                                                                        Head of Innovation Partnerships, Nestlé
                           from any and all sources,

                           inside, outside the company.”


                                                           —— A.G. Lafl ey
                                                     Chairman & CEO, P&G














          !"#$%&'(%)*+(%,,---112                                                                                                      /012013---245:-67
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