26.11.2014 Views

Innovation Journal - Cognizant

Innovation Journal - Cognizant

Innovation Journal - Cognizant

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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 />

118

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!