From 'BIG' Ideas to Sustainable Impact at ICL Group (B)

In August 2023, Raviv Zoller, CEO of ICL Group, discussed his upcoming business trip to St. Louis with Eduard Croitoru, VP of ICL Corporate Initiatives, to commemorate the construction of ICL's new $400 million advanced manufacturing facility. In preparation for the facility’s launch, Zoller reflected on the transformation of an employee idea into a new and exciting business line for ICL—lithium iron phosphate (LFP) battery manufacturing.

When he first became CEO of ICL in 2018, he initiated a cultural transformation and tasked Croitoru, his then-Chief of Staff, with launching a company-wide innovation program, the "Business Innovation for Growth" (BIG) Accelerator. BIG became a crucial part of ICL's internal innovation foundation. Simultaneously, Zoller focused on cultivating external innovation partnerships by building an ICL ecosystem, launching the company’s agri-food tech startup hub (ICL Planet Startup Hub), collaborating with Israeli and non-Israeli startups, and exploring possibilities in emerging innovation domains. Zoller hoped that the corporate theme for 2023, “Year of Partnerships,” would continue to inspire his colleagues to do the hard work of ecosystem-building for the “art of the possible,” in years to come, even in the face of tough economic times.