Innovation Journal - Cognizant
Innovation Journal - Cognizant
Innovation Journal - Cognizant
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REINVENT - SEEDING INNOVATION<br />
<strong>Cognizant</strong>’s <strong>Innovation</strong> Group helped set up a “managed innovation”<br />
process for a healthcare giant that sparked a culture of innovation for<br />
the organization. We used a three-pronged approach:<br />
A strategy workshop geared toward innovation and idea<br />
“champions.” The innovation champions led innovation initiatives for<br />
the different lines of business and functional units, while the idea<br />
champions drove the initiatives at the ground level.<br />
A set of “igniter” workshops for specific enthusiasts. These people<br />
became innovation evangelists, who propagated the innovation<br />
culture inside the organization, while the wave effect carried the<br />
initiative forward.<br />
An <strong>Innovation</strong> Leadership Summit. This included a set of workshops<br />
for setting the leadership vision and strategies for the future.<br />
In our work with a global healthcare payer, a senior executive who heads an<br />
IT team of over 500 people posed a fascinating question: “How can I<br />
encourage my team to share their thoughts, ideas and concerns with me?<br />
They are all smart - technically, socially and business knowledge-wise - so<br />
I’m sure they’ve got great ideas. But they are so busy with their day-to-day<br />
work that no one ever raises their head to speak to me about opportunities or<br />
issues they see. I need a way to hear their ideas and bring them to fruition.” It<br />
was clear to us that he was looking for a context-based approach to<br />
innovation, leveraging the wisdom of crowd rather than waiting for innovation<br />
to “just happen.”<br />
This company is a Fortune 100 corporation that ranks in the Top 5 of the<br />
global healthcare industry, with revenues of $45 billion. The executive heads<br />
an IT team of over 500 people who support the company’s global business. It<br />
was clear to us that he was looking for a context-based approach to<br />
innovation, leveraging the wisdom of the crowd rather than waiting for<br />
innovation to “just happen.”<br />
While this question was unexpected, it reflected a common concern of<br />
corporate leaders in organizations throughout the world across all industries.<br />
In today’s dynamic and competitive business environment, leaders need to<br />
leverage the innate capabilities of their large and diverse teams to generate<br />
ideas and then funnel these ideas into realities that lead to corporate success,<br />
whether in the form of continuous improvement, new products, solutions and<br />
services, or a radically improved customer experience.<br />
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