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Case
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Reference no. 9-897-088
Subject category: Entrepreneurship
Published by: Harvard Business Publishing
Originally published in: 1997
Version: 20 June 1997
Length: 24 pages
Data source: Field research

Abstract

Consumer products giant Procter & Gamble is faced with an urgent need to revitalize new product innovation, given its recent focus on incremental product improvements and its aggressive growth goals. As part of this effort, the company''s top executives form a small, autonomous, cross-functional Corporate New Ventures team led by a young former brand manager. Operating within a conducive work environment, the team invents a systematic approach to gathering information and producing creative ideas for radically new product categories.
Location:
Size:
103,000 employees, USD33 billion revenues
Other setting(s):
1996

About

Abstract

Consumer products giant Procter & Gamble is faced with an urgent need to revitalize new product innovation, given its recent focus on incremental product improvements and its aggressive growth goals. As part of this effort, the company''s top executives form a small, autonomous, cross-functional Corporate New Ventures team led by a young former brand manager. Operating within a conducive work environment, the team invents a systematic approach to gathering information and producing creative ideas for radically new product categories.

Settings

Location:
Size:
103,000 employees, USD33 billion revenues
Other setting(s):
1996

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