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HCL Technologies

HEC Paris writes a case study on ideapreneurship™

HEC Paris writes a case study on ideapreneurship™

Highlights HCL’s journey from EFCS to ideapreneurship, our unique culture of grass-roots, business-driven and customer-focused innovation

Since the global 2008-09 crisis, while most organizations are struggling to climb out of the great recession and funding large transformational projects, HCL Technologies is witnessing humongous growth. The question however is - how did HCL manage to achieve such tremendous success while peers struggled?

Find the answer in HCL Technologies since the Global 2008-09 Crisis: Creating Value through Employee Empowerment, a case study by HEC Paris. The case study highlights HCL’s journey from EFCS to ideapreneurship and mentions employee culture at HCL as a key catalyst for its healthy performance.

An excerpt: “HCL was able to outperform its peers in the IT industry, led by the right kind of employee empowerment. A noticeable pattern started to emerge in employee behavior - right at the grassroots. This was being driven by HCL’s ‘Employees First’ values, which collectively empower and encourage individual employees to come up with innovative solutions to operational and customer challenges. At HCL this is called ideapreneurship – the culture of grass-roots, business-driven, customer-focused innovation, in which each employee has the license to ideate. It encourages employees to become idea led entrepreneurs, who think of new ideas and also drive them to fruition.”

Download the complete report to read more!