Culinology - December 2017 - 34

E X PE RT voices

"Not so many
years ago small
was viewed by big
companies as cute,"
"You have to shape your strategies and
answers around a much bigger multi-player
landscape," he said.
The increasing power of a consolidated
retail segment creates a challenge as well.
"Disintermediation is happening all around
us," he said. "The speed with which new
ideas spread is really exciting when we are on
our way up in the growth curve. But once we
are a big incumbent, the speed of new ideas
moving means we can lose what we have
much more quickly than we ever could be-

fore. All of this means the pace of disruption
is daunting."

No small thing
The perception of small, entrepreneurial
competitors has been turned on its head in
recent years, Mr. Payne said, describing the
tension between innovation and scale as a
"multiplier effect."
"Not so many years ago small was viewed
by big companies as cute," he said. "We
looked at these things happening around
the fringe of our markets with curiosity and
perhaps fascination. There was no fear that
these things happening at the fringes could
come marching to the center of our business and having a material bearing on our
P&L (profit and loss). Big was viewed as
power and dominant and where the future
is. We spent the 20th century chasing scale
and efficiency, believing that would bring
permanence."

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34 |

Culinolog y | DECEMBER 2017


http://www.fuchsna.com/southasian

Table of Contents for the Digital Edition of Culinology - December 2017

Culinology - December 2017
TABLE of contents
PRESIDENT’S letter - Change is the constant
Emerging Trends - Tapping into MOCKTAIL MANIA
HEMP heating up
INGREDIENT trends - The complexity of formulating with yogurt
MENU trends - Healthy indulgences
MEMBER profile - The spice girl
A regional voice in Culinology
EXPERT voices - INNOVATION pressures near boiling point
INDUSTRY NEWS
PETITS fours - THE NEW PLEASURE PARADIGM
NEWS bites
AD index
Culinology - December 2017 - Culinology - December 2017
Culinology - December 2017 - Culinology - December 2017
Culinology - December 2017 - 2
Culinology - December 2017 - TABLE of contents
Culinology - December 2017 - PRESIDENT’S letter - Change is the constant
Culinology - December 2017 - 5
Culinology - December 2017 - Emerging Trends - Tapping into MOCKTAIL MANIA
Culinology - December 2017 - 7
Culinology - December 2017 - HEMP heating up
Culinology - December 2017 - 9
Culinology - December 2017 - INGREDIENT trends - The complexity of formulating with yogurt
Culinology - December 2017 - 11
Culinology - December 2017 - 12
Culinology - December 2017 - 13
Culinology - December 2017 - 14
Culinology - December 2017 - 15
Culinology - December 2017 - 16
Culinology - December 2017 - MENU trends - Healthy indulgences
Culinology - December 2017 - 18
Culinology - December 2017 - 19
Culinology - December 2017 - 20
Culinology - December 2017 - 21
Culinology - December 2017 - 22
Culinology - December 2017 - 23
Culinology - December 2017 - MEMBER profile - The spice girl
Culinology - December 2017 - 25
Culinology - December 2017 - 26
Culinology - December 2017 - A regional voice in Culinology
Culinology - December 2017 - 28
Culinology - December 2017 - 29
Culinology - December 2017 - 30
Culinology - December 2017 - EXPERT voices - INNOVATION pressures near boiling point
Culinology - December 2017 - 32
Culinology - December 2017 - 33
Culinology - December 2017 - 34
Culinology - December 2017 - 35
Culinology - December 2017 - 36
Culinology - December 2017 - 37
Culinology - December 2017 - INDUSTRY NEWS
Culinology - December 2017 - 39
Culinology - December 2017 - 40
Culinology - December 2017 - 41
Culinology - December 2017 - 42
Culinology - December 2017 - 43
Culinology - December 2017 - 44
Culinology - December 2017 - 45
Culinology - December 2017 - PETITS fours - THE NEW PLEASURE PARADIGM
Culinology - December 2017 - 47
Culinology - December 2017 - 48
Culinology - December 2017 - NEWS bites
Culinology - December 2017 - AD index
Culinology - December 2017 - 51
Culinology - December 2017 - 52
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