How Nestlé can speed up innovation and growth with Agile Management
- a podcast
What can blue-chip FMCG companies like Nestlé learn from the fast-moving tech industry?
Nestlé has a 153 year history; a journey which has made it the world’s biggest food and drink company. One of the most crucial factors in this sustained success has been constant innovation to expand into new categories. It’s this very ambitious growth mindset that is the key for staying relevant in the rapidly evolving 21st Century market.
Agile Project Management has been empowering tech teams to grow and disrupt businesses at incredible speed, always testing and learning to make sure their efforts create exactly what is needed to solve problems.
How can Nestlé, a world class manufacturer, experience the same benefits of Agile management so it can continue to be the category leader in a fast paced sector?
Agile management for FMCG
In this episode of the #20MinuteSmarts Podcast, E Fundamentals CEO John Maltman joins Product Owner, Stephanie Johnstone, and Head of Development, Jordan Dick, to discuss how non-tech companies can use Agile practices to benefit from continuous incremental improvements and empowering their teams.
Join the conversation and find out the key actions that they highlight to improve the culture of innovation in ambitious companies.
· Agile Management has proved to be a driver of rapid growth in the technology sector and has since been adopted by other industries to transform ways of working, project and people management, to inject pace into growth.
· Agile methodology can be applied to any industry. Breaking down a huge project into smaller tasks with small teams responsible for their own progress, can make any project manageable. Similar to how car manufacturing factories specialise in one area to efficiently produce one part of the whole, which is then compiled together with the other parts created by other teams to create the complete product.
· Testing and learning as you go enables progress to be made without significant time lost to planning. A Minimum Viable Product is created fast to prove the concept to internal leadership, retailers or consumers, with every element individually tested for functionality as it is created.
· Empowering small teams with the responsibility of executing their own goals creates accountability – everyone is their own harshest critic. Replaces old fashioned top-down waterfall management, so that the people on the ground who deliver the end results are able to bring their first-person perspective to the group to contribute to the strategy.
· Agile methodology has standardised practises such as defined roles and rituals. However the methodology can be customised for each business or team to tailor it to their business.
About the presenters
John Maltman, CEO, E Fundamentals
A successful career with blue chip FMCG companies (Procter & Gamble, PepsiCo and Asda Walmart) complimented with leadership roles in high growth B2B technology and service businesses. Includes Managing Partner at The Quantic Group, a sales and marketing consultancy – led to treble turnover and more than quadruple profitability over five years, developing a roster of some of the world’s best sales and marketing businesses. Clients included: Coca Cola Enterprises, Nestlé, SCA, Groupé SEB and Unilever FS.
John advises what you need to know before you invest in an eCommerce analytics service here.
Stephanie Johnstone, Product Owner, E Fundamentals
E Fundamentals clients will recognise Stephanie from her monthly software update emails, where she announces all the new features and translates the tech details into simple terms so they can be implemented quickly and simply.
A self confessed Agile fan, she has used the methodology to lead teams as a Business Analyst and Product Owner for 8 years. In just one year, Stephanie has grown the Edinburgh based E Fundamentals DevOps office from just herself to three different Agile Development teams, with different areas of expertise and goals to achieve, but united by her leadership.
Jordan Dick, Head of Development, E Fundamentals
In over a decade of experience in software development Jordan has worked in many different sectors in a rapidly evolving industry. An expert in incrementally building complex systems for a range of specialist areas including: software for Royal Navy aircraft carriers, cloud based document management, and financial portfolio management systems. Jordan and Stephanie work together to design, plan and continuously deliver new features and updates to the E Fundamentals service. He mentors a young team to divide and conquer an ambitious backlog.