Launched in 2017, the Grand Challenge invites
How it Works
When the submission window opens, employees craft short descriptions of their ideas. All participants then vote on the top ideas to advance to the next round. From there, finalists have roughly a month to assemble a cross-functional team and craft a five-minute pitch to a panel of senior
“As part of the growth culture we’re creating at Coke, we want to source business ideas from entrepreneurial minds throughout the company and then given our internal entrepreneurs a chance to quickly test their idea in the marketplace for business viability,” said Chaly Jo Moyen, SVP of Strategy,
Past winners of the Grand Challenge include a pet beverage concept called Pawgua that is being tested on a very limited scale to determine viability, and a watershed cleanup system called MAKO that intercepts floating debris from waterways. MAKO will soon be piloted in the Atlanta area to support the company’s “World Without Waste” vision.
This innovation follows another recent employee-led project aimed at reducing waste: a package-less water dispenser called Dasani Purefill. This concept gives people the ability to fill their own bottles with free, ultra-filtered water, and add zero-calorie flavors – Berry, Lime, Black Cherry and Blood Orange – and/or carbonation for a small fee.
“The Grand Challenge is a great opportunity for our associates to flex their creativity muscles and help drive growth and innovation in our business,” added Moyen. “It has been inspiring to see how our employees have really embraced the growth culture we’re trying to cultivate. Certainly, last year’s winners, Pawgua and MAKO, are perfect examples of the nonconventional ideas that can surface when all employees are invited to bring their unique perspectives to the table. While there are no guarantees that these ideas will become programs or products marketed across the country, they are great ways for our associates to experience firsthand how ideas can quickly go from ideation to execution in a fast-moving marketplace.”