Mary Kay Haben of Kraft on Open Innovation
Friday, November 3rd, 2006
In the weeks leading up to the FORTUNE Innovation Forum in New York City on November 29-30, the Business Innovation Insider is pleased to present a regular series of Q&As with innovative thinkers in business and academia. In this Q&A, Mary Kay Haben, SVP of Open Innovation at Kraft Foods, outlines the strategic rationale for the company’s new innovation program.
Q. Kraft recently announced an open innovation strategy that will solicit ideas from consumers about innovative ways to package and sell Kraft products. Can you describe in greater detail how Kraft is structuring the program and what types of results it expects from the program?
Mary Kay Haben: Recently Kraft embarked on an ambitious Open Innovation Strategy to augment and transform our innovation efforts. The purpose of Open Innovation is to better enable the organization to receive ideas from the outside and connect with potential external alliance partners. The expected outcome is improved speed to market, improved R&D leverage and hopefully more breakthrough innovation. Kraft is soliciting outside ideas against articulated needs (i.e. we search for stuff we know we want or need). In addition, we are accepting and vetting unsolicited ideas that may meet unarticulated needs via our InnovateWithKraft.com website. Further we are also looking for ways to transfer our own intellectual property outside the company through licensing and other arrangements.
For more information on the Kraft Open Innovation program, check out the following links:
Have an idea? Share it with Kraft [Innovate With Kraft]
Kraft and open innovation [The Medici Effect]
Kraft goes experiential [PROMO magazine]
Innovate With Kraft.com [All this Chittah Chattah]
Open innovation at Kraft foods? [Manage to Change]
With open innovation, no idea left behind [CNET]
Kraft Foods and Crowdsourcing [Mass Customization & Open Innovation]
Kraft tightens filter on customer innovation [Marketing & Strategy Innovation]

