Ideapreneurship puts employees at the forefront of innovation where they innovate and collaborate with each other and with customers to seed, nurture and harvest ideas. This innovation and collaboration culture has given rise to a number of key enablers and tools to bring about a business impact -- The Value Portal, MAD JAM, and LeadGen.
The Value Portal encourages co-creation of value and has generated over 30,000 ideas on live client projects; MAD JAM celebrates outstanding ideas from within HCL that have been implemented for clients; and LeadGen encourages employees to contribute business opportunities enabling them to contribute directly to HCL’s revenue and earn monetary rewards with company-wide recognition.
Value Portal is a unique grass-roots innovation platform that lets employees contribute their ideas across hierarchical structures.The platform truly brings alive the ‘Employees First’ belief of giving a platform to the employees at the grassroots level for creating value for the customer as well as HCL.
The platform truly brings alive the ‘Employees First’ belief of giving a platform to the employees at the grassroots level for creating value for the customer as well as HCL. The Value Portal encourages, facilitates, manages, records, and shares customer-focused innovations at HCL. The application captures ideas in a structured manner, and enables internal review, approval and implementation for the customer. With more than 15,000 employees being engaged, the Value Portal has generated over 30,000 innovative ideas for 350+ customers, to deliver value!
LeadGen has been designed to service untapped customer demands and requests through delivery employees who have a direct connect with the customers. At HCL, we believe that new opportunities don’t just get identified through the sales teams or senior management.
Delivery employees, who interface with the customer on a daily basis, also identify leads, key pain points and customer challenges that HCL was not currently addressing. By setting up LeadGen, these employees were provided a channel to take the leads forward, connect them with the right sales teams to convert the opportunity into a win. LeadGen provides the employees opportunities to earn monetary benefits along with company-wide recognition.
MAD JAM is the integral piece of the innovation engine at HCL that recognizes and celebrates outstanding employee-led innovations for customers. MAD JAM is a centralized platform for celebrating business-centric ideas that have been implemented.
Till date, MAD JAM has helped many outstanding innovators share their best ideas for innovation and transformation. MAD JAM 2014 saw the more than 450 ideas being generated. The platform also picked up scale and interest within the organization with over 30,000 votes pouring in for the finalists. What the 2014 edition also brought forth was the potential for ideapreneurs to collaborate - with two ideas being merged into one in order to create a joint service proposition.
The Good Practice Conference (GPC) is a strong platform to demonstrate the power of HCL’s ideapreneurship culture and ensures institutionalization across practices.
Essentially, this conference encourages contribution towards business improvement for HCL and enables employees from all across the organization to put forth their suggestions, in the form of discussion papers. The shortlisted ideas are shared in an annual conference and the contributors are recognized and rewarded. All selected Good Practices are then published in the Conference e-book, hosted in km.hcl.com/Good Practices where over 2000 Good Practices are accessible to everyone across HCL.
Intellectual Property Monetization(IPM) is a unique platform where employees are encouraged to document innovative ideas which they believe to be patentable.
Employees participating under this platform will be rewarded for their contributions at various stages of the process leading to the achievement of a patent . Overall , IPM is a platform focusing on development of patentable ideas that can help an employee’s innovation become realities.