Page 121 -
P. 121
“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