In a world of distributed knowledge and expertise, it’s clear that open innovation has clear advantage across the value chain. This essay discussed the challenges of traditional in-house innovation model and why it is important for Nestle to use open innovation model. Then it introduced several milestone initiatives Nestle has taken to apply Open Innovation and gave two recommendations for the management team to further consider.
Nestle is leveraging digitization to modernize its cold chain. Melting ice cream and stockouts are only some of the issues that it hopes to tackle through this initiative.
Is coffee under threat? Could you imagine a year without coffee? While this idea may seem far-fetched to the millions of individuals who rely on their morning espresso to fuel their day, it is certainly an area of concern for […]
A glimpse into what the world’s largest food and beverage manufacturer is doing to flight climate change globally.
Nestlé’s struggle to balance conserving water with maintaining a necessary level of control and access to water supply
Nestle – Ready for the next 150 Years in (Climate) changing times?
The negative effects that bottled water has on the environment and what one company is trying to do about it.
Global warming’s impact to agriculture will have a tremendous impact to the chocolate and candy industries