Accelerating innovation at Schreiber Foods
Schreiber Foods is a global consumer packaged food company with over 10,000 employees and annual sales of $7 billion. Founded in 1945, the company has a long history of quality, integrity and growth. After a recent period of expanding into further global territories, they were looking to develop, grow and systemize their innovation process – and get everyone on board. When Sara joined as the Director of Innovation, she and the team had two main innovation objectives: to deliver financial results and ignite a cultural transformation.
Moving beyond product innovation
In the first few years of their innovation journey, the team made steady progress. They experimented with the best structures and processes and piloted different approaches to build out their internal innovation systems. Sara had extensive experience in product innovation – with her work used as a case study by Clayton Christensen – so they focused on getting quick wins in this area. However, they soon realized that they wanted a more balanced innovation portfolio. The first challenge was therefore figuring out how to move beyond the product innovation approach. They wanted to look at innovation not only through the lens of product, but also through the lens of business models and emerging technology. These areas represented growth for Schreiber, as they didn’t yet have the experience and skill-set to launch into the transformation.
How Strategyzer helped
To kick-start their journey into business model innovation, Schreiber came across Strategyzer’s master workshop, “Building invincible companies”. The training contained topics such as: ‘Tools to compete on superior business models, not just product or pricing’ and ‘How to design the right innovation culture and organizational structure’. Yves and Alex, the creators of the Business Model Canvas, led the training – and through the case studies they used in the interactive training, Sara saw the exact challenges her and the team had been wrestling with.
Schreiber ended up partnering with Strategyzer after the training. This involved coaching and support in improving their internal innovation systems. This benchmarking gave them a more transparent view of their innovation projects, and allowed them to track the progress of all projects at any time.
We were looking for those external experts who could help us go from the foundation that we set, into a space of accelerating for the future.”