Procter and Gamble’s A. G. Lafley stated that in 2000 “stretch, innovation and speed were the order of the day” but admitted the approach didn’t quite work for P&G. Interestingly, Reckitt Benckiser employees, both past and present state that their success is based on 3 areas: “speed, focus and culture”. How is it that “speed” has a positive impact on Reckitt Benckiser yet may have hampered P&G’s approach to innovation? Discuss in detail.
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