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A.G. Lafley: Innovation at Procter & Gamble

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Innovation at Procter & Gamble

A.G. Lafley: Innovation at Procter & Gamble.  An interview with A.G. Lafley, Chairman and CEO, Procter & Gamble. Innovation is at the core of P&G’s business strategy.  See how P&G makes innovation an everyday practice in their organization.  P&G has done some amazing things in supply chain.  P&G partnered with Walmart and Sam Walton to change supply chain by sharing information.

Innovation Quotes.

  • “The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption.” ~ Clayton Christensen
  • “Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” ~ William Pollard
  • “You want to be extra rigorous about making the best possible thing you can. Find everything that’s wrong with it and fix it. Seek negative feedback, particularly from friends.” ~ Elon Musk
  • “A man may die, nations may rise and fall, but an idea lives on.” ~ John F. Kennedy
  • “You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.”  ~ Lee Iacocca
  • “Unfortunately, there seems to be far more opportunity out there than ability…. We should remember that good fortune often happens when opportunity meets with preparation.” ~ Thomas Edison

CEO videos.

Innovation Procter & Gamble