innovation investors webcast may 2013
Transcription
innovation investors webcast may 2013
INNOVATION INVESTORS WEBCAST MAY 2013 1 Syl Saller Syl is responsible for Diageo’s innovaDon strategy, which includes all new product development, launch programmes and R&D worldwide. Syl also heads up Design as well as Global Licensing for Diageo. Prior to this, she was MarkeDng Director for Diageo GB. Before joining Diageo, Syl worked for Allied Domecq Retail, Holson Burnes and GilleVe. She has an MBA from the Harvard Business School. Syl is a non execuDve director of Dominos Pizza Group plc, a FTSE 250 company. F13 esDmate Innovation Still in Market over last 5 years 73% 73% 32% Diageo NABCA FY07-12 All Others 5 NON-AGED DECLARED SCOTCH 6 INNOVATION AT MULTIPLE PRICE POINTS GUINNESS INNOVATION OBJECTIVES STRATEGY STRUCTURE CULTURE CONSUMER TERRITORIES SCIENCE INVESTMENT PART OF OUR DNA KEY SUCCESS FACTORS KEY SUCCESS FACTORS KEY SUCCESS FACTORS INNOVATION HUBS GLOBAL/LOCAL ADVANTAGES Scale idea across market quickly Innovation strategy connected to business strategy Shared insight and learning Local consumer insight Set standards and talent bar high Deep ownership by the market F08 F13 KEY SUCCESS FACTORS BREADTH AND SCALE IN OUR PORTFOLIO AND CAPABILITIES EXAMPLES DIFFERENT KINDS OF INNOVATION Build our existing brands Access new occasions Reach new consumers Create new brands that unlock new opportunities INNOVATING FOR NEW CONSUMER OCCASIONS INNOVATING FOR NEW CONSUMERS NEW BRANDS THAT UNLOCK NEW OPPORTUNITIES KEY SUCCESS FACTORS The power of beauty in Packaging KEY SUCCESS FACTORS PHOTO OF LUCA WITH BIO Luca Lupini Luca heads up Diageo’s Technical InnovaDon team and is responsible for the R&D of new Liquids and the Long Term Science programme for InnovaDon globally PHOTO OF LUCA WITH BIO Luca has a background in Microbiology and started his career with Gilbey’s DisDllers in South Africa. He has spent most of his 28 year career with Diageo and has held various senior posiDons in Quality Assurance, OperaDons management and MarkeDng. His passion has always been for the creaDve, invenDve side of the business and has developed a number of award winning liquids over the years, including a range of products named a_er him in South Africa. Rutt casava images WOODSIDE NEW YORK HONG KONG PANAMA 70 ON TIME COMPLETION RATE OF PROJECTS 120 100 80 60 40 20 0 Diageo plc Bench Mark Industry Benchmark and revenue 74 RAPID FREEZE TIME SLOW FREEZE TIME KEY SUCCESS FACTORS ACQUISITIONS CORE BRANDS NEW VARIANTS Create the Brands of the Future NEW BRANDS SUMMARY 1. Innovation is embedded in each market in Diageo and across all of our key categories. 2. We have a successful model and strong capabilities which enable us to consistently produce high quality products with flair and agility. 3. Combined with our global reach and category breadth these capabilities enable Diageo to access new opportunities. 4. Innovation will therefore continue to be a sustainable contributor to Diageo’s top line growth.