Innovation Journal - Cognizant
Innovation Journal - Cognizant
Innovation Journal - Cognizant
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REINVENT - SEEDING INNOVATION<br />
<strong>Innovation</strong>, in today’s socially networked world, is no longer the<br />
preserve of the few; companies are increasingly interested in creating a<br />
participative and collaborative environment to generate ideas, with the<br />
hope of achieving not just a return on investment but also a “return on<br />
imagination.” Such goals are particularly relevant for technology teams,<br />
which are at the forefront of delivering on a global scale, meeting<br />
compliance requirements and speeding time to market for the<br />
business.<br />
In order to foster innovation, however, companies need an approach<br />
that liberates employees’ imaginations in a structured way, something<br />
we call “managed innovation.” The underlying philosophy is to employ<br />
well-researched methods to identify and prioritize transformational<br />
opportunities, within a cost-effective, risk-mitigated framework. This<br />
makes it easier for business to embrace and execute the innovations.<br />
We had a series of follow-up discussions with this executive’s team to<br />
see how our experience in managing innovation could be brought to<br />
bear. We decided to have a series of workshops facilitated by the<br />
<strong>Cognizant</strong> <strong>Innovation</strong> Group, aimed at introducing them to <strong>Cognizant</strong>’s<br />
Managed <strong>Innovation</strong> Framework. We custom designed sessions for<br />
team members to identify, rate and rank the top 10 innovation<br />
opportunities, and we opened these specific challenges to diverse<br />
team members, seeking their ideas through a set of collaborative<br />
workshops. The sessions included:<br />
Igniter: This session was geared toward encouraging the team to<br />
believe they have ideas worthy of sharing and building their creative<br />
confidence. Sessions included creative games to break down<br />
inhibitions and guidance on how to apply that creativity in an<br />
organizational context. These sessions reinforced three points:<br />
“The series of workshops you conducted last week got very<br />
positive feedback from the participants. They came out with great<br />
energy, enthusiasm and passion to adopt <strong>Cognizant</strong>’s Framework<br />
for us. I also listened to their idea proposals, generated using the<br />
tools and methodologies you taught them, for some of our key<br />
problem statements. The outcomes are very impressive.<br />
During the full-day Leadership Summit, 70-plus of my leadership<br />
team and I learned “managed innovation” by applying hands-on<br />
techniques to some of our key “how might we?” questions, as you<br />
put it. We closed the day with important idea proposals to pursue.<br />
I am focused on making this a sustainable movement; I look<br />
forward to working with the <strong>Cognizant</strong> leadership team to<br />
collaborate with us in sharing their experience and creating an<br />
innovation culture.”<br />
<strong>Innovation</strong> Leader of a Healthcare Payer<br />
All of us are creative, to varying levels.<br />
Thinking tools (such as brain-writing) help improve ideagenerating<br />
efficiency.<br />
By prioritizing and selecting contexts (what matters most), ideas<br />
can become more effective.<br />
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