Innovation 3 Presentation 12 10 10

Quality Ingredients Corporation an employee owned company Changing Your Business Model to Mine Value from Technologies Outside Your Core Competencies Confidential www.QIC.us Kurt C Schneider Vice President – Product and Process Innovation Center Friday, December 9, 2010

Confidential www.QIC.us … .Make Money Doing Stuff You Don’t Do Today

What Will We Accomplish? ,[object Object],[object Object],[object Object],Confidential www.QIC.us

What This is Not ,[object Object],[object Object],[object Object],Confidential www.QIC.us

What This IS ,[object Object],[object Object],[object Object],Confidential www.QIC.us

Open Innovation ,[object Object],[object Object],Confidential www.QIC.us

[object Object],[object Object],[object Object],Confidential www.QIC.us Using External Ideas to Change Your Business Model ?

[object Object],Confidential www.QIC.us Identify Challenges in Changing a Business Model 5. Immersion Innovation 4. External Innovation 3. Internal Innovation 2. Cross-functional Creativity 1. Silos of Creativity

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Confidential www.QIC.us Readiness to Look Beyond the Core A business model describes the rational of how an organization creates, delivers, and captures value - economic, social, or other forms of value. ,[object Object],Product Service Buy Make 1 4 3 2

Confidential www.QIC.us Readiness to Look Beyond the Core The Amoeba Business Model ,[object Object],[object Object],[object Object],[object Object],Product Service Buy Make 1 4 3 2

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Confidential www.QIC.us Readiness to Look Beyond the Core The Innovation Team Concept “ Company Within a Company” Product Service Buy Make 1 4 3 2

Opportunities for Innovation Confidential www.QIC.us ,[object Object],[object Object],[object Object]

Opportunities for Innovation Confidential www.QIC.us ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Quality Ingredients Corporation an employee owned company Changing Your Business Model to Mine Value from Technologies Outside Your Core Competencies Confidential www.QIC.us Kurt C Schneider Vice President – Product and Process Innovation Center Thank You

Innovation 3 Presentation 12 10 10

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